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627 S 48th St, Tempe, AZ 85281

Multi-tenant office and industrial suites available near Phoenix Airport.

Space Size2,047 SF
Property Size268,520 SF
Days on Market2347

Property Features for 627 S 48th St

General Information

Standard status Active
Size 2,047 SF
Property subtype Office, Industrial
Lease Type Full Service

Building Details

Building Size 268,520 SF
Year Built 1980
Tenancy Multiple

Spaces For Lease

at 627 S 48th St Contact us

Suite 113

Size
2,047 SF
Type
Industrial, Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Commercial Properties Inc Tempe
Listed By: Leroy Breinholt Team · License #AZ BR008760000
Source: Crexi
Added: Mar 9, 2020 Changed: Aug 8 Last Checked: Aug 10 at 1:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Properties Inc Tempe

Investment Insights

Based on property information with market context.

Located in Tempe, Arizona, Airport Business Center offers multi-tenant office and industrial suites for lease. The property is positioned at the northeast corner of SR 143 and West University Drive, placing it in close proximity to Phoenix Sky Harbor Airport and Arizona State University. Its location provides convenient access to the Phoenix Metro freeway system.

Key Highlights

  • Prime location in Tempe, AZ.
  • Minutes from Sky Harbor Airport for easy travel.
  • Proximity to Arizona State University.

Property Analytics

Current Use

Airport Business Center ... Business Service Center Victoria Properties Management Property Management Company Valley Oasis Wellness Health Counselor BCS IT Consulting Firm HomeGuard HomeWarranty Insurance Agency

Suggested Use

Top Pick Dental Office Hair Salon Locksmith Nail Salon Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,365
Businesses Nearby

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-tenant office and industrial suites available near Phoenix Airport.
Where is this mixed-use property located?
The property is located at 627 S 48th St Tempe, AZ.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime location in Tempe, AZ.; Minutes from Sky Harbor Airport for easy travel.; Proximity to Arizona State University.
(480) 214-1105 Call to check price and availability
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