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    2420 1St St Tempe, AZ 85281

    Sponsored
    For Lease
    $15 SF/Yr

    Versatile Tempe Office & Industrial Space

    Lot size:
    26,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This multi-tenant Tempe Northwest Industrial property, known as Skyport Business Park, offers a unique blend of office and industrial space. The 26,000 square foot building, constructed in 1977, features three suites, with 1,000 square feet currently available for lease. The property boasts a 12'0" ceiling height, ideal for various uses. Ample parking is provided with a 3.1 spaces per 1,000 square feet ratio. The building includes essential features such as a fire sprinkler system, grade-level loading doors measuring 10' wide by 10' high, and 100A/220V/3P power. Zoned I-2, this property is strategically located in Maricopa County, offering convenient access to Sky Harbor Airport, just a 4-mile (9-minute) drive away. Parcel numbers are 124-39-014, 013, and 012. This versatile space is perfect for businesses seeking a combination of office and warehouse/distribution capabilities. Contact us today to learn more about this exceptional opportunity.

    Property Features for 2420 1St St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,000 SF
    Total Rate
    33800

    Building Details

    Year Built
    1977

    Unit(s) available at that property

    Space
    Suite 23
    Size
    1,000 SF
    Rate per SF
    $15

    HighLights

    • 3.1 parking spaces per 1,000 square feet.
    • Fire sprinkler system throughout.
    • I‑2 zoning.
    • 10' x 10' grade‑level loading doors.
    • Parcel numbers: 124‑39‑014, 124‑39‑013, 124‑39‑012.
    • 4‑mile (9‑minute) drive to Sky Harbor Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Witte Lighting Services ... Stage Lighting Equipment Supplier Triens America Inc Hose Supplier Mountain Regional Equipment ... Industrial Equipment Supplier skyport business park Business Park Platinum Lighting Lighting Store

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9769813
    Latitude
    33.4285786

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    FAQs

    What type of property is this?
    Distribution property - Versatile Tempe Office & Industrial Space
    Where is this distribution property located?
    The property is located at 2420 1St St Tempe, AZ.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 3.1 parking spaces per 1,000 square feet.; Fire sprinkler system throughout.; I-2 zoning.
    Request Owner's contact information
    2420 1St St Tempe, AZ 85281
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    Tempe, AZ 85281
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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
    2420 1St St Tempe, AZ 85281
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