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    1150 W Grove Pkwy Tempe, AZ 85283

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    For Lease
    $16 SF/Yr

    Flex/industrial space with convenient freeway access and nearby amenities.

    Property size:
    22,923 SF
    Lot size:
    9.88 Acres

    Property Features for 1150 W Grove Pkwy

    General Information

    Size
    22,923 SF
    Lot size
    9.88 Acres

    Source: JLL | Phoenix Agent Jimmy Cornish

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tempe Flex/Industrial Space Available

    This flex/industrial space is located in Tempe, Arizona. The property offers convenient access to the I-10 freeway from Elliot and Warner Roads. Its location provides close proximity to Phoenix Sky Harbor International Airport and Arizona State University. Numerous retail and restaurant amenities are located nearby. The property offers 22,923 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grainger National Contact ... Industrial Supermarket Grainger Association / Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Catered Creations Media, Firehouse Subs Priest & Elliot

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.958556
    Latitude
    33.354513

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    FAQs

    What type of property is this?
    Flex space - Flex/industrial space with convenient freeway access and nearby amenities.
    Where is this flex space located?
    The property is located at 1150 W Grove Pkwy Tempe, AZ.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Convenient I-10 freeway access.; - Close proximity to Phoenix Sky Harbor International Airport.; - Close proximity to Arizona State University.
    (602) 282-6300
    Request Owner's contact information
    1150 W Grove Pkwy Tempe, AZ 85283
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1150 W Grove Pkwy Tempe, AZ 85283
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