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Stabilized Tempe Industrial Asset
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528 W 21st St, Tempe, AZ 85282

Long-term tenants, anchored by ACME Aerospace, near I-10 & US-60.

Property SizeContact for details
Days on Market197

Property Features for 528 W 21st St

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Kidder Mathews
Listed By: Pete Klees · License #SA025504000
Source: Crexi
Added: Feb 5 Changed: Aug 8 Last Checked: Jul 23 at 9:09AM

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 Kidder Mathews

Investment Insights

Based on property information with market context.

Roosevelt Tech Center presents an opportunity to acquire a stabilized industrial asset in Tempe, Arizona. The property is anchored by ACME Aerospace, occupying 60% of the space, with a tenancy history of over 30 years and a lease extension through September 2037. Contractual rent increases are scheduled from 2025 to 2028, including a 35% increase in October 2027, followed by 3% annual increases for the remainder of the lease term. O’Neil Printing, a company established 116 years ago, occupies 38% of the remaining space. Verizon Wireless operates an on-site cell tower. The property is located minutes from Interstate 10 and US 60, providing accessibility to a population of 2.96 million within a 30-minute drive.

Key Highlights

  • Anchored by ACME Aerospace with 30+ years of tenancy and lease extension through 2037.
  • Contractual rent increases for ACME Aerospace include a 35% increase in 2027, followed by annual increases.
  • Located in Tempe, Arizona, a strong industrial market.

Property Analytics

Current Use

Handsome Packaging Industrial Manufacturer ARMA Products Division ... (Bike/Boat/Book/etc) Store Acme Aerospace Inc Industrial Manufacturer United Repair Building Supply

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hotel & Motel Grocery & Convenience Store Discount 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.

Location Intelligence

Trade Area within ½ mile

1,362
Businesses Nearby

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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Long-term tenants, anchored by ACME Aerospace, near I-10 & US-60.
Where is this industrial property located?
The property is located at 528 W 21st St Tempe, AZ.
What are key features of this property?
This property features: Anchored by ACME Aerospace with 30+ years of tenancy and lease extension through 2037.; Contractual rent increases for ACME Aerospace include a 35% increase in 2027, followed by annual increases.; Located in Tempe, Arizona, a strong industrial market.
(602) 908-3979 Call to check price and availability
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