PHOENIX, AZ — May 29, 2026 — The Sheehan | Schumacher Industrial Team at Rein & Grossoehme Commercial Real Estate (RGCRE) has completed the lease of an Industrial Outdoor Storage (IOS) property at 3214 W Durango St in Phoenix, Arizona, further underscoring sustained tenant demand for yard-intensive industrial assets across the metro's infill submarkets.
The team's Patrick Sheehan and Max Schumacher, SIOR provided landlord representation in the transaction, marketing and leasing the property on behalf of the ownership.
Key Highlights
- Property Address: 3214 W Durango St, Phoenix, AZ
- Property Type: Industrial with Outdoor Storage / Yard (ISF/IOS)
- Building Size: 3,680 SF
- Land Area: 1.07 acres (approximately 46,609 SF)
- Submarket: West Phoenix
- Representation: Landlord Representation by the Sheehan | Schumacher Industrial Team, Rein & Grossoehme Commercial Real Estate
- Transaction Type: Lease
Property Profile: High Land-to-Building Ratio Drives IOS Value
The property at 3214 W Durango St exemplifies the type of Industrial Outdoor Storage asset that continues to attract strong tenant interest across the Phoenix market. Situated on 1.07 acres with a 3,680-square-foot building, the site features a land-to-building ratio of approximately 12.7:1 — a configuration that maximizes exterior yard capacity for equipment staging, vehicle storage, materials laydown, and other land-intensive industrial operations.
| Property Metric | Detail |
|---|---|
| Address | 3214 W Durango St, Phoenix, AZ |
| Property Type | Industrial Outdoor Storage (IOS) |
| Building SF | 3,680 SF |
| Land Area | 1.07 acres (~46,609 SF) |
| Land-to-Building Ratio | ~12.7:1 |
| Submarket | West Phoenix |
| Broker Role | Landlord Representation |
Strategic West Phoenix Location
The Durango Street corridor in West Phoenix offers immediate access to Interstate 17 and proximity to key distribution corridors that connect the broader Phoenix metropolitan logistics network. West Phoenix has emerged as one of the most active infill submarkets for IOS activity, driven by constrained supply of appropriately zoned sites and steady demand from contractors, fleet operators, building materials suppliers, and logistics companies requiring secured outdoor workspace.
"Industrial Outdoor Storage properties with this type of land-to-building ratio continue to be among the most sought-after assets in Phoenix's infill submarkets," said Max Schumacher, SIOR, of Rein & Grossoehme Commercial Real Estate. "The combination of a functional building with over an acre of secured yard space addresses a critical need for tenants whose operations depend on outdoor storage capacity, not just warehouse square footage."
Market Context: IOS Fundamentals Remain Favorable in Phoenix
The Phoenix IOS market has experienced a fundamental shift in how the sector is valued and traded. As institutional capital increasingly recognizes outdoor storage as a distinct and investable asset class, tenant demand has simultaneously deepened across a widening range of industries — from construction and landscaping to last-mile logistics and heavy equipment services.
Supply constraints remain a defining characteristic of the sector. Infill IOS properties with appropriate industrial zoning, adequate ingress/egress, and secured perimeters are difficult to replicate due to land costs and entitlement challenges. This scarcity dynamic has kept vacancy rates for well-located IOS properties well below those of traditional industrial product types in Phoenix.
According to Patrick Sheehan of the Sheehan | Schumacher Industrial Team, "We continue to see significant tenant demand for functional IOS sites in established West Phoenix corridors. Properties like 3214 W Durango — with more than an acre of usable yard and solid building infrastructure — meet operational requirements that conventional industrial spaces simply cannot fulfill."
The successful lease of this property adds another data point reflecting the depth of demand for IOS product across the Phoenix metropolitan area.
About Rein & Grossoehme Commercial Real Estate
Rein & Grossoehme Commercial Real Estate (RGCRE) is a full-service commercial real estate brokerage based in Scottsdale, Arizona. The Sheehan | Schumacher Industrial Team, led by Patrick Sheehan and Max Schumacher, SIOR, specializes in industrial landlord representation across the Phoenix metropolitan area, with deep expertise in Industrial Outdoor Storage (IOS), single-tenant industrial, and multi-tenant flex properties. With over $525 million in total transaction volume, the team ranks among the top industrial brokerage teams in the Phoenix market.