Tempe Retail Showroom For
For Sale
Contact for pricing
9959 S Priest Dr, Tempe, AZ
Retail showroom with truckwell and ample parking in Tempe, AZ.
Property Size24,888 SF
Lot Size1.52 Acres
Price / SF$200.90
Days on Market429
Property Features for 9959 S Priest Dr
General Information
Standard status
Active
Size
24,888 SF
Lot size
1.52 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Sierra Tempe
Listing Agency:
Lee & Associates | Phoenix
(602) 956-7777
Listed By:
Thomas Boyle
(602) 954-3753
Source:
Moodyscre
Added: Aug 26, 2025
Changed: Oct 25
Last Checked: Oct 28 at 9:49AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Large Lot Size: 66,042 SF
- Retail Showroom: 100% AC
- Ample Parking: 47 Stalls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$290,070
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,801,400
$5.8M
Cap Rate 7%
$4,143,857
$4.1M
Cap Rate 9%
$3,223,000
$3.2M
Market Conditions
NOI Build-Up for 24,888 SF
Gross rent
$448.0K $18.00/SF
− Vacancy
−$33.6K −$1.35/SF
EGI
$414.4K $16.65/SF
− OpEx
−$124.3K −$5.00/SF
NOI
$290.1K $11.66/SF
Area
Tempe, AZ
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,801,400
Cap Rate 7%
$4,143,857
Cap Rate 9%
$3,223,000
Alternative Uses
Best Use
Retail
$4.14M
$3.63M – $4.83M
NOI $290,070 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.83M
$6.85M – $9.13M
NOI $547,845 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
188k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 18%
Home Improvements & Furnishings 14%
In-N-Out Burger
Dining
63,299 visits/mo
0.1 miles
BJ's Restaurant and Brewhouse
Dining
29,783 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
26,162 visits/mo
0.1 miles
McDonald's
Dining
21,182 visits/mo
0.0 miles
Circle K
Shops & Services
16,134 visits/mo
0.1 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
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 $5,000,000.
What are key features of this property?
This property features: Large Lot Size: 66,042 SF; Retail Showroom: 100% AC; Ample Parking: 47 Stalls
