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    2121 Priest Dr Tempe, AZ 85282

    Sponsored
    For Lease
    $14 SF/Yr

    Multiple Suites, 960-8,800 SF Available

    Lot size:
    56,845 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Priest Business Park, located at 2121, 2123, 2125, and 2127 S Priest Dr in Tempe, Arizona, presents a compelling opportunity for businesses seeking industrial space. This multi-tenant property, situated on a 3.6-acre lot in the Tempe Southwest Industrial submarket of Maricopa County, offers a total of 56,845 square feet of manufacturing and warehouse space. Currently, 20,685 square feet are available for lease, divisible into units ranging from a minimum of 960 square feet to a maximum contiguous space of 8,800 square feet. The building, constructed in 1974, features high ceilings ranging from 14 to 18 feet, providing ample vertical space for various operational needs. Electrical service includes 100-200 Amps

    Property Features for 2121 Priest Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,845 SF
    Total Rate
    68214

    Building Details

    Year Built
    1974

    Unit(s) available at that property

    Space
    2127 S Priest Dr Suite 403, 404
    Size
    8,800 SF
    Rate per SF
    $14
    Space
    2127 S Priest Dr Suite 405
    Size
    4,400 SF
    Rate per SF
    $14
    Space
    2121 S Priest Dr, Ste 116
    Size
    960 SF
    Rate per SF
    $14
    Space
    2121 S Priest Dr, Ste 114
    Size
    1,600 SF
    Rate per SF
    $15

    HighLights

    • Prime location with street frontage.
    • Office space ranging from 15% to 100% occupancy available.
    • 100‑200 Amp, 110/208V, 3‑phase power.
    • Excellent freeway access via I‑10, US‑60, and SR‑143.
    • 14' - 18' clear ceiling height.
    • Grade‑level loading docks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Usunducs Computer Store Day & Night Truck ... Used Car Dealer Designs by Zima Wedding Planner Thrifty Car Sales ... Used Car Dealer Automotive Xpress Used Car Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9579315
    Latitude
    33.4051507

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    FAQs

    What type of property is this?
    Distribution property - Multiple Suites, 960-8,800 SF Available
    Where is this distribution property located?
    The property is located at 2121 Priest Dr Tempe, AZ.
    What is the lease rate?
    The lease rate is $14-$15 SF/Yr.
    What are key features of this property?
    This property features: Prime location with street frontage.; Office space ranging from 15% to 100% occupancy available.; 100-200 Amp, 110/208V, 3-phase power.
    Request Owner's contact information
    2121 Priest Dr Tempe, AZ 85282
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2121 Priest Dr Tempe, AZ 85282
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