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Tempe Warehouse with Secured Yard

2605 W 1st St, Tempe, AZ 85281

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For Sale

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2.69-acre lot near Phoenix Sky Harbor International Airport.

Type:Industrial

Property size:

44,490 SF

Lot size:

2.69 Acres

Price / SF:

$236/SF

HighLights

2.69 Acre Lot with Fenced and Secured Yard
Dock High Loading with 2 Positions and Grade Level Doors (3 Oversized)
1,600A 277/480V 3P Heavy Power
18' Clear Height and Primarily Clear Span Warehouse
+/- 5,000 SF of Office Space
1 Mile from Phoenix Sky Harbor International Airport with Excellent Freeway Access

We can help!

Contact an agent

Kyle Mcginley

For Sale

Contact for pricing

2.69-acre lot near Phoenix Sky Harbor International Airport.

Type:Industrial

Property size:

44,490 SF

Lot size:

2.69 Acres

Price / SF:

$236/SF

Added:: Feb 19, 2026
Days on Market:: 128
Last Refresh:: Mar 17 at 1:16 pm

Property Features for 2605 W 1st St

General Information

Standard status: Active
Size: 44,490 SF
Lot size: 2.69 Acres
Property subtype: Industrial

Building Details

Year Built: 1975

We can help!

Contact an agent

Kyle Mcginley

Listing office Ross Brown Partners, Inc

Listing date Feb 19, 2026

Source Crexi

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 Ross Brown Partners, Inc

HighLights

2.69 Acre Lot with Fenced and Secured Yard
Dock High Loading with 2 Positions and Grade Level Doors (3 Oversized)
1,600A 277/480V 3P Heavy Power
18' Clear Height and Primarily Clear Span Warehouse
+/- 5,000 SF of Office Space
1 Mile from Phoenix Sky Harbor International Airport with Excellent Freeway Access

Overview

This commercial property features a 2.69-acre lot with dock-high loading and an 18' clear height. The property includes approximately 5,000 square feet of office space. It is equipped with 1,600A 277/480V 3P heavy power and has two dock-high loading positions along with four grade-level doors, including three oversized doors. The yard is fenced and secured with a 10' wall. The warehouse area is primarily clear span, and there is outdoor covered canopy space for product storage. The property is zoned I-2 (GID) by the City of Tempe. It is located one mile from Phoenix Sky Harbor International Airport, offering excellent freeway access.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$1.35M	$30.36
− Vacancy	−$290.4k	−$6.53
EGI	$1.06M	$23.83
− OpEx	−$265.1k	−$5.96
NOI	$795.2k	$17.87

44,490 SF · lease $30.36/SF/yr · vacancy 21.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$11.36M

$9.94M – $13.25M (±1% cap)

NOI $795,234 @ 7.0% cap · market cap 7.57%

Second Best

Warehouse

$7.02M

$6.14M – $8.19M (±1% cap)

NOI $491,599 @ 7.0% cap · market cap 4.68%

Theoretical Best

Office A

$13.99M

$12.24M – $16.32M (±1% cap)

NOI $979,332 @ 7.0% cap · market cap 9.33%

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

Property Profile Location Intelligence

Current Use by Public Records

Door Works Hardware & Home Improvement

Suggested Use

Similar Places Nearby

Hohokam Commerce Center — Tempe, AZ 85281
Superior Logistics Center — 4240 E Superior Ave, Phoenix, AZ 85040
Poindexter Moving — 3045 S 46th St., Phoenix, AZ 85040
United Movers and Storage LLC — 2211 w 1st st #101, tempe, az 85281
KACO Warehouse Outfitters — 3025 S 46th St., Phoenix, AZ 85040

Location Insight

Map
Local Demand

City: Tempe
County: Maricopa
State: Arizona
Longitude: -111.9760749
Latitude: 33.4275112

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For sale
Warehouses
AZ
Tempe
85281
2605 W 1st St

What type of property is this?

Warehouse - 2.69-acre lot near Phoenix Sky Harbor International Airport.

Where is this warehouse located?

The property is located at 2605 W 1st St Tempe, AZ.

What is the asking price?

The asking price for this property is $10,500,000.

What are key features of this property?

This property features: 2.69 Acre Lot with Fenced and Secured Yard; Dock High Loading with 2 Positions and Grade Level Doors (3 Oversized); 1,600A 277/480V 3P Heavy Power