Goodyear

Phoenix - AZ USA - Industrial Submarket

Industrial real estate intelligence for the Goodyear submarket. 43.3M SF of inventory with 17.8% vacancy. Data sourced from various MLS platforms.

43.3MSF

Inventory

6.1MSF

Available

17.8%

Vacancy

13%

Availability Rate

$9.74

Asking Rent

5.2%

Rent Growth

2.5MSF

12mo Absorption

3.9MSF

Under Construction

Market Metrics

12mo Delivered

1.3M SF

Under Constr % of Inv

9.0%%

Sale Price/SF

$159

Cap Rate

6.5%%

12mo Sales Volume

$104,960,000

Sales Vol Growth

-68.5%

Asset Value

$7,487,780,963

Net Absorption

+2.5M SF

Recent DC Sales in Market

Property	Price	SF	Buyer
PHX01	$44.3M	135,160	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
PHX04	$23.2M	53,000	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
PHX02	$7.9M	24,092	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
2500 W Frye Rd	$130.0M	191,000	Lincoln Property Company
2475 W Townley Ave	$11.0M	50,960	Five 9s Digital

Available DC Space in Market

Property	Avail SF	Rent	Owner
Omnis Data Center	15,070	$21.00	Omnis Network, LLC
Agave Business Center	4,053	$16.50	Camco Investment Group
Building 1	37,240	$14.76 - 18.04 (Est.)	-
Building 4	59,000	$12.33 - 15.08 (Est.)	-
Building 7	23,800	$12.53 - 15.31 (Est.)	-

Data Centre Development Potential

High vacancy (17.8%) in Goodyear may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 3.9M SF indicates developer confidence in the submarket. Positive net absorption of 2.5M SF over the past 12 months signals healthy demand fundamentals.