Industrial Park with Two Adjacent
For Sale
Contact for pricing
645 & 849 West 24th St., Tempe, AZ 85282
Two-building industrial portfolio totaling 58,658 SF on 5.8 acres, fully leased with staggered rollovers.
Property Size58,658 SF
Lot Size5.80 Acres
Days on Market120
Property Features for 645 & 849 West 24th St.
General Information
Standard status
Active
Size
58,658 SF
Lot size
5.80 Acres
Property subtype
Industrial
Occupancy
100%
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
(602) 695-4700
Listed By:
Will Strong · License #AZ SA546546000
Source:
Crexi
Added: Apr 16
Changed: Aug 8
Last Checked: Jul 21 at 6:03PM
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 Cushman & Wakefield - Phoenix, Arizona
Investment Insights
Based on property information with market context.
Prologis Broadway Industrial Park is a two-building industrial portfolio totaling 58,658 SF on 5.8 acres, offered as 100% fee simple interest. The park is 100% leased with staggered rollover, supporting in-place income backed by tenants with long-term occupancy history. The current lease profile is enhanced by strong rental increases cited for both users, Loomis and Insituform (Aegion).
The property is located minutes from Sky Harbor International Airport and offers access to major transportation and labor. It is also positioned near Arizona State University (ASU) and major freeway systems including Interstate 10, Loop 101, Loop 202, U.S. Route 60, and State Route 87.
This mature, land-constrained industrial park configuration is described as having limited remaining development land, with both buildings providing users with substantial yard space and parking.
The property is located minutes from Sky Harbor International Airport and offers access to major transportation and labor. It is also positioned near Arizona State University (ASU) and major freeway systems including Interstate 10, Loop 101, Loop 202, U.S. Route 60, and State Route 87.
This mature, land-constrained industrial park configuration is described as having limited remaining development land, with both buildings providing users with substantial yard space and parking.
Key Highlights
- Two‑building industrial portfolio totaling 58,658 SF on 5.8 acres
- 100% leased with staggered rollover across the two adjacent buildings
- In‑place leases with rental increases described for both tenants, Loomis and Insituform (Aegion)
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,513
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
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Frequently Asked Questions
What type of property is this?
Warehouse - Two-building industrial portfolio totaling 58,658 SF on 5.8 acres, fully leased with staggered rollovers.
Where is this warehouse located?
The property is located at 645 & 849 West 24th St. Tempe, AZ.
What are key features of this property?
This property features: Two‑building industrial portfolio totaling 58,658 SF on 5.8 acres; 100% leased with staggered rollover across the two adjacent buildings; In‑place leases with rental increases described for both tenants, Loomis and Insituform (Aegion)
