Flex Space with Covered
For Sale
Contact for pricing
1800 W Broadway Rd, Tempe, AZ 85282
Flex space featuring covered parking and direct access to major freeways including US-60, I-10, and SR-143.
Property Size2,865 SF
Price / SF$245
Days on Market398
Property Features for 1800 W Broadway Rd
General Information
Standard status
Active
Size
2,865 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Commercial Properties Inc
(480) 966-2301
Listed By:
Eric Jones · License #SA026157000
(602) 291-9400
Source:
Moodyscre
Added: Sep 30, 2025
Changed: Oct 25
Last Checked: Oct 30 at 1:37PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Flex space totaling 2,865 square feet with frontage on Broadway Rd. The property includes covered parking and is positioned for convenient day-to-day access.
The site offers immediate access to the US-60, I-10, and SR-143 freeways, supporting visibility and straightforward routing for employees and deliveries. The frontage on Broadway Rd places it right next to the Broadway Curve.
Overall, this is a compact flex opportunity with built-in covered parking and practical freeway connectivity.
The site offers immediate access to the US-60, I-10, and SR-143 freeways, supporting visibility and straightforward routing for employees and deliveries. The frontage on Broadway Rd places it right next to the Broadway Curve.
Overall, this is a compact flex opportunity with built-in covered parking and practical freeway connectivity.
Key Highlights
- 2,865 SF flex space
- Frontage on Broadway Rd
- Covered parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,459
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,180
$609.2K
Cap Rate 7%
$435,129
$435.1K
Cap Rate 9%
$338,433
$338.4K
Market Conditions
NOI Build-Up for 2,865 SF
Gross rent
$49.9K $17.40/SF
− Vacancy
−$3.0K −$1.04/SF
EGI
$46.9K $16.36/SF
− OpEx
−$16.4K −$5.72/SF
NOI
$30.5K $10.63/SF
Area
Tempe, AZ
Vacancy
6.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,180
Cap Rate 7%
$435,129
Cap Rate 9%
$338,433
Alternative Uses
Best Use
Flex RnD
$435.1K
$380.7K – $507.7K
NOI $30,459 @ 7.0% cap · market cap 4.34%
Second Best
Industrial
$372.4K
$325.9K – $434.5K
NOI $26,071 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$900.9K
$788.3K – $1.05M
NOI $63,066 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,448
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85282, AZ
52,351
Population
25,667
Households
2
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
11.1 sq mi
ZIP Area
4,716
Density / Sq Mi
$79,084
Median Household Income
$43,863
Median Earnings
$1,627
Median Rent
$370,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Chef John's, LLC — 2207 S 48th St, Tempe, AZ 85282
- AZ School Meals — 1235 S 48th St #4, Tempe, AZ 85281
- AZ Inspirations Catering — 2400 W Medtronic Way #2, Tempe, AZ 85281
- Arizona Party Wizards — 2400 W Medtronic Way # 2, Tempe, AZ 85281
Frequently Asked Questions
What type of property is this?
Flex space - Flex space featuring covered parking and direct access to major freeways including US-60, I-10, and SR-143.
Where is this flex space located?
The property is located at 1800 W Broadway Rd Tempe, AZ.
What is the asking price?
The asking price for this property is $701,925.
What are key features of this property?
This property features: 2,865 SF flex space; Frontage on Broadway Rd; Covered parking
