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Flex Space with Roll-Up Door
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422 S Madison Dr Ste 2, Tempe, AZ 85281

A private office and open bullpen complement the warehouse area for flexible workspace configuration.

Space Size3,000 SF
Days on Market3

Property Features for 422 S Madison Dr Ste 2

General Information

Standard status Active
Size 3,000 SF
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 3,000 SF
Year Built 1983

Spaces For Lease

at 422 S Madison Dr Ste 2
Suite 2 (Sublease) $1.24/SF/Yr
Size 3,000 SF
Term Negotiable
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Listing Agency: COBE Real Estate
Listed By: Preston Beck · License #714756000
Source: Coberealestate
Added: Sep 30 Last Checked: Oct 1 at 8:43AM

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 COBE Real Estate

Investment Insights

Based on property information with market context.

This flex space includes one office, a large bullpen, and warehouse area with 15 feet of clear height. A 12-by-12-foot roll-up door provides access to the warehouse. The building dates to 1983.

The property is in Tempe, east of Phoenix Sky Harbor Airport, with proximity to AZ SR-143, Loop 202, I-10, and US-60. The sublease term runs through March 31, 2028.

Key Highlights

  • 15‑foot warehouse clear height
  • 12' x 12' roll‑up door
  • One office and a large bullpen

Property Analytics

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Current Use

Conner's Kitchen Renovations ... Hardware & Home Improvement Richardson Nutritional Center Specialty Food Shop Earth Friendly Building ... Distribution Center Hittmotors Car Dealership

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,365
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Similar Off Market Nearby

  • 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
  • Morrison Catering — 2235 W 1st St, Tempe, AZ 85281

Frequently Asked Questions

What type of property is this?
Flex space - A private office and open bullpen complement the warehouse area for flexible workspace configuration.
Where is this flex space located?
The property is located at 422 S Madison Dr Ste 2 Tempe, AZ.
What are key features of this property?
This property features: 15‑foot warehouse clear height; 12' x 12' roll‑up door; One office and a large bullpen
More about this property
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