innovate48
  • Home
  • About
  • Video
  • Gallery
  • Make Ready Work
  • Project Overview
  • Location
  • Brochure
  • Developer

​±163,096 SF CLASS A INDUSTRIAL BUILDING
Available For Lease | Delivering Q2 2025
4833 E. Washington Street, Phoenix, Arizona

innovate48 is a brand new, Class-A Industrial building designed for unparalleled accessibility and prominence.
 
Boasting a total area of 163,096 square feet, this state-of-the-art facility is Phoenix’s premier industrial destination. The property is situated in a prime location just 5 miles from downtown Phoenix and Old Town Scottsdale, 2 miles from ASU, and only 1 mile from Phoenix Sky Harbor International Airport.

​
Generous power, clear heights and truck maneuverability make for a very functional building for today’s sophisticated occupiers. The location and ability to reach upwards of 5 million people within a 90 minute drive, make for a critical function for company’s supply chain solutions.
 
With on-site retail amenities and many others nearby,
innovate48 is where innovation meets convenience.

Gallery

​Latest drone flyover - April 2025
Latest construction photos - April 2025

Make-ready work:
Delivering with the following make-ready work:

Picture
±3,500 SF spec office
Picture
100% air conditioned
Picture
LED lighting​
Picture
Dock packages
Picture
3,000A, 277/480v 3PH power (expandable)
Picture
ESFR sprinkler system
Picture
​17 trailer stalls

Property Features

Picture
Picture
±163,096 SF building

Picture
±8.84 acres

Picture
32’ clear height

Picture
±3,500 SF spec office

Picture
311.5’ building depth

Picture
52’ x 50’ column spacing

Picture
​195’ (135’ + 60’) truck court depth with trailer stalls
Picture
4 grade level doors

Picture
25 dock high doors

Picture
17 trailer stalls (60’ depth)

Picture
​169 auto stalls

Picture
A-2 zoning

Picture
Full concrete truck court

Picture
Castellated beam roof with metal deck
Picture

Location

Located in the heart of the Phoenix metro, innovate48’s superb location at 4833 E. Washington Street provides an unmatched opportunity to occupy a prime industrial infill site.
Picture
Walking distance
to the Valley Metro Light Rail 
​
Picture
<1 minute
 to freeway access
​
Picture
​​1 mile 
from Phoenix Sky Harbor
​International Airport
​
Picture
2 miles 
​
from Arizona State University in Tempe
​to the south
Picture
5 miles 
Downtown Phoenix to the west
Picture
5 miles
from Old Town Scottsdale to the east

Area Demographics (Within a 30-minute drive)

Picture
Population
​
​2018
Population: 2,993,034
2023 Population: 3,108,096
2028 Population: 3,168,087
2018-2023 (Cumulative) Population Growth: 3.8%
2023-2028 (Cumulative) Population Growth: 1.9%
Picture
Total Labor Force

2023 Total Labor Force: 1,628,282
2023 Employed Civilian Population Age 16+: 1,565,916
2023 Unemployment Rate: 3.8%
Educational Attainment: 37% Bachelor’s Degree or Higher (for the population age 25+)
Picture
Median Age

2023 Median Age: 35.4
2023 Median Household Income: $75,050
2023 Median Home Value: $381,315
Picture
Industry Businesses

​2023 Industry Businesses:
Construction: 6,688
Manufacturing: 3,627
Transportation/Warehousing: 1,546
Picture
Industry Employment

2023 Industry Employment:
Construction: 123,443
Manufacturing: 135,444
Transportation/Warehousing: 84,313

Within 9 miles of the best retail and dining hot spots

Retail amenities within a 15-minute drive
Picture
4,216
Total Retail Businesses
Vertical Divider
2,417
Restaurants
(Eat & Drink)
614
Food Stores
561
Auto Dealers
& Gas Stations
​624
Banks
Picture
4,556
Total Services
Businesses
Vertical Divider
978
Education,
Institutions &
Libraries
2,553
Health Services
762
Movies &
Amusements
263
Hotels & Lodging

Nearby Amenities

Picture
4833 E. Washington Street,
​Phoenix, Arizona
Picture
Dining & Drinks
Picture
Shopping ​
Picture
Hotels ​
Picture
Valley Metro Rail Stops
Picture
Parks & Recreation

What's In the Neighborhood?

Downtown Phoenix
​
Just 5 miles to the west

Picture
Downtown Phoenix is where history meets Innovation, showcasing Phoenix’s historic town site, its recent revitalization and continued resurgence.
​
ECONOMIC IMPACT
  • $8+ billion in public and private investment between 2005-present
  • $21.2 billion in economic activity in 2022 alone
  • 24,000+ residential population

BUSINESS CORE WORKFORCE*
  • 55,500+ within 1 mile
  • 179,000+ within 3 miles
  • 312,000+ within 5 miles
         *from Central Ave & Washington St (CoStar)

DINING, SHOPPING, SPORTS & ARTS
  • Over 225 bars and restaurants
  • 1.7 million SF of retail 
  • Home to 4 professional sports teams
  • Numerous live music venues, theaters, and museums ​​
Picture
To learn more, visit dtphx.org

Old Town Scottsdale
​
Only 5 miles away to the east

Picture
Welcome to Old Town Scottsdale, the beating heart of the city. This vibrant and diverse area is divided into nine walkable and bikeable districts, offering visitors a myriad of experiences to explore.

​A SHOPPER'S PARADISE
Old Town is a food and shopping lover's paradise with over 100 restaurants, an array of shops, and vibrant nightlife options.

FOR THE ART ENTHUSIAST
The area is a prominent destination for art enthusiasts, with two art museums, over 30 galleries, and contemporary public art installations.

VIBRANT AND UNIQUE
Steeped in history, Old Town is home to several historic sites dating back to the late 1880s. - With its blend of chic urban amenities and Old West charm, Old Town Scottsdale offers a unique and unforgettable experience in the heart of Arizona.
Picture
​To learn more visit oldtownscottsdale.com and 
​
experiencescottsdale.com

Tempe + ASU
2 miles away across the bridge

Picture
Welcome to Tempe, a city brimming with exciting experiences. With year-round events, there's always something happening in Tempe. Come and discover the excitement for yourself.

SPORTS
Join the cheering crowd at an Arizona State University basketball game or explore Tempe Town Lake by kayak or paddleboard.

RETAIL & ARTS
Indulge in retail therapy at Arizona Mills, Tempe Marketplace, or IKEA, and catch a captivating Broadway show at the Frank Lloyd Wright-designed ASU Gammage. Immerse yourself in art at the Tempe Center for the Arts or ASU Art Museum, and enjoy a lively night out in Downtown Tempe.

​To learn more, visit www.tempetourism.com and 
​
www.tempe.gov
Picture
Learn More about ASU
Picture
​Tempe Economic Development
Picture
Experience Downtown Tempe

Southwest Regional Drive-Time Map

Picture

Learn More About innovate48

Picture
BROCHURE

Developer

Picture
www.ryancompanies.com
​At Ryan Companies, we believe the value of the buildings we design, develop, finance, manage and construct is about more than dollars and cents – it’s also about the value they bring to the people who use them and the communities that surround them. That’s why we focus first on the “why” so we can give life to your vision and achieve the best possible outcome.
 
As a national leader in commercial real estate services, we know that our customers are as unique as their projects. That’s why, day after day, we’re driven to uncover their stories. To be inspired by what inspires them. To bring the right people to the table so we can collaborate on a deeper, more engaging level.
 
Together, we build something far more profound than the physical presence of a building. We build the backdrops to life’s stories.
 
At Ryan, our values – Safety, Integrity, Respect, Stewardship, Family, Excellence and Fun – define our culture and they shape and ignite the people who join our team. They are more than words in a mission statement, they are the inspiration that guides our decisions and shapes our belief that we offer something no one else can. In the end, your building is better, your experience working with us more enjoyable, your community more vibrant and your project site safer – all because we embrace our values each day.
Steve Larsen, SIOR, CCIM
Executive Managing Director
T +1 602 282 6296
[email protected]
Pat Harlan, MCR, SLCR
Senior Managing Director
T +1 602 282 6298
[email protected] ​
Jason Moore, SIOR, CCIM
Managing Director
T +1 602 282 6280
[email protected] ​
Kyle Westfall, SIOR
Senior Managing Director
T +1 602 282 6297
[email protected]
Picture
Picture
Picture
​Privacy Statement | Privacy Commitment | Terms of Service | ​Cookie Statement​
  • Home
  • About
  • Video
  • Gallery
  • Make Ready Work
  • Project Overview
  • Location
  • Brochure
  • Developer