For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Tempe Retail Showroom For Sale Title is generated by Realmo AI

    9959 S Priest Dr, Tempe, AZ

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Retail showroom with truckwell and ample parking in Tempe, AZ.

    Type:RETAIL
    Property size:
    24,888 SF
    Lot size:
    1.52 Acres
    Price / SF:
    $180/SF
    Added:
    Aug 26, 2025
    Days on Market:
    289
    Last Refresh:
    May 20 at 8:06 pm

    Property Features for 9959 S Priest Dr

    General Information

    Standard status
    Active
    Size
    24,888 SF
    Lot size
    1.52 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Thomas Boyle
    Thomas Boyle

    Listing agent Thomas Boyle

    Listing office Lee & Associates | Phoenix

    Listing date Aug 26, 2025

    Source Moodyscre

    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 Lee & Associates | Phoenix

    HighLights

    • Large Lot Size: 66,042 SF
    • Retail Showroom: 100% AC
    • Ample Parking: 47 Stalls
    • Truckwell for easy loading and unloading.
    • Zoning: PCC‑2, City of Tempe
    • Year Built: 2000

    Overview

    This retail showroom property, built in 2000, features 24,888 square feet of space with full air conditioning. The lot size is 66,042 square feet. It includes a truckwell and 47 parking stalls. The property is zoned PCC-2 under the City of Tempe.

    Local Financial Insights For Retail

    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 $448.0k $18.00
    − Vacancy −$33.6k −$1.35
    EGI $414.4k $16.65
    − OpEx −$124.3k −$5.00
    NOI $290.1k $11.66
    24,888 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.14M
    $3.63M – $4.83M (±1% cap)
    NOI $290,070 @ 7.0% cap · market cap 6.45%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $7.83M
    $6.85M – $9.13M (±1% cap)
    NOI $547,845 @ 7.0% cap · market cap 12.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Woodbridge Interiors Outlet Furniture & Home Goods

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Red Carpet Flooring & Design — 2245 W University Dr #17, Tempe, AZ 85281
    • T Squared Contractors, LLC — 515 W 6th St, Tempe, AZ 85281
    • Daltile, American Olean, Marazzi Sales Service Center — 2040 W Rio Salado Pkwy #106, Tempe, AZ 85281
    • Epoxy Garage Flooring — 1802 W 4th St #255, Tempe, AZ 85281
    • Manufacturers Floor Covering Outlet — 316 S 52nd St, Tempe, AZ 85281

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.962
    Latitude
    33.3205

    FAQs

    What type of property is this?
    Showroom - Retail showroom with truckwell and ample parking in Tempe, AZ.
    Where is this showroom located?
    The property is located at 9959 S Priest Dr Tempe, AZ.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Large Lot Size: 66,042 SF; Retail Showroom: 100% AC; Ample Parking: 47 Stalls
    (602) 956-7777 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message