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3200 Rural Rd Tempe, AZ 85282

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For Sale
$1,400,000

High-Income, Prime Tempe Location

Property Features for 3200 Rural Rd

General Information

Property type
Other commercial real estate
Lot Size
15,682 SF

Building Details

Year Built
1973

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Listing Contact
Gary L Weller

Listing Agency: Weller Realty & Management Listing Agent: Gary L Weller

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Property Insight Report

Overview

This exceptional investment opportunity presents two well-maintained office/retail buildings situated on a prominent 0.36-acre corner lot in South Tempe, Arizona. The property boasts 15,800 square feet of land and offers two convenient access points, ensuring optimal visibility and accessibility. Its strategic location, just half a mile north of US 60 and minutes from Arizona State University and Sky Harbor Airport, guarantees high traffic counts and a strong tenant pool. The buildings benefit from excellent visibility on Rural Road and feature ample private on-site parking for tenants and visitors. Both buildings have recently undergone significant improvements, including new tile roofs installed in 2017. Currently configured into three separate suites, each suite is equipped with its own HVAC system and private bathroom, providing tenants with maximum comfort and privacy. The property is master-metered for electricity, water, sewer, and trash, simplifying utility management. This property offers immediate income generation with no current vacancies. One tenant enjoys a long-term lease exceeding 25 years, while other leases expire in September 2025, February 2026, and September 2026. All tenants are established professional businesses. The seller is open to considering a carryback financing option, in addition to cash or conventional financing. This is a rare opportunity to acquire a stable, high-income-producing commercial property in a prime Tempe location.
Property Profile Insight Report Location Intelligence

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Location Insight

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City
Tempe
County
Maricopa
State
Arizona
Longitude
-111.9267
Latitude
33.39475

FAQs

What type of property is this?
Commercial real estate - High-Income, Prime Tempe Location
Where is this commercial real estate located?
The property is located at 3200 Rural Rd Tempe, AZ.
What is the asking price?
The asking price for this property is $1,400,000.
More about this property
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