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Industrial Space For Lease
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947 S 48th St, Tempe, AZ 85281

Industrial space available for lease near University and SR-143.

Space Size2,253 SF
Property Size28,567 SF
Days on Market209

Property Features for 947 S 48th St

General Information

Standard status Active
Size 2,253 SF
Property subtype Industrial
Lease Term Gross

Building Details

Building Size 28,567 SF
Year Built 1978

Spaces For Lease

at 947 S 48th St Contact us

947 S 48th St, Ste 119 $1.45/SF/Mo

Size
2,253 SF
Type
Warehouse/Distribution
Term
Negotiable
Contact us
Listing Agency: Commercial Properties Inc
Listed By: Darin Edwards · License #SA540651000
Source: Cpiaz
Added: Jan 26 Changed: Aug 23 Last Checked: Aug 22 at 4:27AM

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 Commercial Properties Inc

Investment Insights

Based on property information with market context.

An industrial space is available for lease. The property has a size of 28567 square feet and is located near University Drive and SR-143 in Tempe, Arizona.

Key Highlights

  • Industrial space available for lease.
  • Located at University & SR‑143.
  • Year Built: 1978.

Property Analytics

Current Use

Valley Production Services, ... Electronics & Wireless Store Aqua-Serv Engineers Inc Water Treatment Supplier Argent Decor Furniture & Home Goods Arizona Home Floors ... General Contractor Infinity Solar USA Solar Energy Company

Suggested Use

Top Pick Dental Office Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Bakery Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,568
Businesses Nearby

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value

Market

Lease Benchmarks for Tempe, AZ

$16.4 /SF/Yr
Avg Asking Price
$13.5–$22 /SF/Yr
Price Range
28,981 SF
Avg Space Size

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Industrial space available for lease near University and SR-143.
Where is this industrial property located?
The property is located at 947 S 48th St Tempe, AZ.
What are key features of this property?
This property features: Industrial space available for lease.; Located at University & SR‑143.; Year Built: 1978.
More about this property
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