Warehouse with Office and
For Sale
Contact for pricing
731 W Fairmont Dr, Tempe, AZ 85282
Industrial warehouse on a 1.69-acre site with a dedicated office area and heavy three-phase power.
Property Size28,080 SF
Price / SF$231.48
Days on Market258
Property Features for 731 W Fairmont Dr
General Information
Standard status
Active
Size
28,080 SF
Property subtype
INDUSTRIAL
Listing Agency:
Ross Brown Partners Inc
(480) 362-9500
Listed By:
Payton Kruidenier · License #SA665140000
(480) 362-9509
Source:
Moodyscre
Added: Feb 12
Changed: Oct 26
Last Checked: Oct 28 at 10:51AM
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
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Investment Insights
Based on property information with market context.
This for-sale warehouse property includes approximately 28,080 square feet of industrial space plus about 2,459 square feet of office. The site is 1.69 acres and is supported by heavy three-phase power, with a 22-foot clear height for accommodating a range of warehouse and operational needs.
The property is located at 731 W Fairmont Dr in Tempe, Arizona 85282. Zoning is listed as GID, Tempe.
With the combination of warehouse clearance and dedicated office space, the building is positioned for tenants seeking an integrated workplace and storage layout within a single industrial facility.
The property is located at 731 W Fairmont Dr in Tempe, Arizona 85282. Zoning is listed as GID, Tempe.
With the combination of warehouse clearance and dedicated office space, the building is positioned for tenants seeking an integrated workplace and storage layout within a single industrial facility.
Key Highlights
- Industrial warehouse totaling +/- 28,080 SF
- Dedicated +/- 2,459 SF office area
- 1.69‑acre site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$310,274
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,205,480
$6.2M
Cap Rate 7%
$4,432,486
$4.4M
Cap Rate 9%
$3,447,489
$3.4M
Market Conditions
NOI Build-Up for 28,080 SF
Gross rent
$387.5K $13.80/SF
− Vacancy
−$22.5K −$0.80/SF
EGI
$365.0K $13.00/SF
− OpEx
−$54.8K −$1.95/SF
NOI
$310.3K $11.05/SF
Area
Tempe, AZ
Vacancy
5.80%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,205,480
Cap Rate 7%
$4,432,486
Cap Rate 9%
$3,447,489
Alternative Uses
Best Use
Warehouse
$4.43M
$3.88M – $5.17M
NOI $310,274 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.83M
$7.73M – $10.30M
NOI $618,109 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,015
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Public Storage — 4205 S Mill Ave, Tempe, AZ 85282
- Extra Space Storage — 3803 S Priest Dr, Tempe, AZ 85282
- StorQuest Self Storage — 215 E Southern Ave, Tempe, AZ 85282
- AAA Alliance Self Storage — 242 W Southern Ave, Tempe, AZ 85282
- Mini Storage — 242 W Southern Ave, Tempe, AZ 85282
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse on a 1.69-acre site with a dedicated office area and heavy three-phase power.
Where is this warehouse located?
The property is located at 731 W Fairmont Dr Tempe, AZ.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Industrial warehouse totaling +/- 28,080 SF; Dedicated +/- 2,459 SF office area; 1.69‑acre site
