Industrial

Converge Logistics Center

14955 s 50th street 1, phoenix, AZ

Price

Price on request

Square Feet

210,670

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence

Low

$1.09/SF/mo

Mid

$1.30/SF/mo

High

$1.80/SF/mo

Tier Used

direct_comps

Based on 5 comparable industrial lease listings in the area.

Tier Resolution Trace

Tier 1success5 compsselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$1.30/SF/mo	—	direct_comps
Utilities	—	17.0¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1413/wk	BLS QCEW

Source Provenance (1)

Source	Type	Count	Year	Freshness	Peer
OpenSearch Listings	comparable_listings	5	—	real-time	—

Data sources used

listings

Location

14955 s 50th street 1, phoenix, AZ

Leaflet © OpenStreetMap contributors

Property Details

Building Size210,670 SF

Year Built2023

Lease Details

Available Space73,659 SF

Market Context

This industrial in Phoenix, AZ is listed for lease across 210,670 SF. The building dates to 2023. It has been on the market for 64 days.

As of Q1 2026, the Phoenix industrial market showed a 11.9% vacancy rate, average asking rents near $13.08/SF/yr, and rents up 14.4% year over year. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence

Projected asking rent

$13.08–$13.53/SF/yr

Estimated sale value

$143–$181/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 5.8%, asking rent trend-adjusted to today).

View the full Phoenix Industrial market report →

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Compare it against other industrial listings for lease in Phoenix, AZ to benchmark pricing and space — view the full market.

Industrial market FAQ

Is the Phoenix industrial market tightening or softening?: Vacancy is around 11.9%, with asking rents rising year over year (Q1 2026).

Unified Estimate

High Confidence

$1.09/SF/mo-$1.44/SF/mo

Mid: $1.25/SF/mo

Total estimate for 210,670 SF

$263,338

Rate-first confidence-weighted blend with cost-of-business adjustment.

Lease Rate & Market Trend

Market report quarterly trend fallbackFIPS 04013

Low Confidence

Avg Rent ($/SF/mo) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.