Warehouse with Office and
731 W Fairmont Dr Tempe, AZ 85282
For Sale
Contact for pricing
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 Market167
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) 362-9509
Listed By:
Payton Kruidenier · License #SA663730000
Source:
Moodyscre
Added: Feb 12
Changed: Jul 26
Last Checked: Jul 29 at 1:55PM
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
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 For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $852.5k | $30.36 |
| − Vacancy | −$183.3k | −$6.53 |
| EGI | $669.2k | $23.83 |
| − OpEx | −$167.3k | −$5.96 |
| NOI | $501.9k | $17.87 |
28,080 SF · lease $30.36/SF/yr · vacancy 21.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.17M
$6.27M – $8.37M
NOI $501,915 @ 7.0% cap · market cap 7.72%
Second Best
Warehouse
$4.43M
$3.88M – $5.17M
NOI $310,274 @ 7.0% cap · market cap 4.77%
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.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Public Storage — 4205 S Mill Ave, Tempe, AZ 85282
- AAA Alliance Self Storage — 242 W Southern Ave, Tempe, AZ 85282
- Mini Storage — 242 W Southern Ave, Tempe, AZ 85282
- Extra Space Storage — 3803 S Priest Dr, Tempe, AZ 85282
- StorQuest Self Storage — 215 E 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
