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Property profile

5028 Ash Ave Tempe, AZ 85282

OFF-MARKET
Warehouses
16,494 SF Built 1981
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Property summary

AI-generated overview

This Tempe Southwest Industrial property, located at 5028 S Ash Ave, offers 16,494 square feet of flexible space ideal for various businesses. The building, constructed in 1981, features multiple tenancy options with a minimum divisible space of 1,542 square feet and a maximum contiguous space of 2,629 square feet. Currently, 6,800 square feet is vacant and ready for immediate occupancy. The space boasts high ceilings ranging from 14 to 16 feet, perfect for warehousing needs, and includes one loading dock for efficient shipping and receiving. The property also benefits from ample parking. The building's zoning is General Industrial, making it suitable for a wide range of industrial and office uses. The attractive business park location offers excellent visibility with frontage on Baseline Road. Interior features include a reception area, two offices, a breakroom, and a restroom. A significant portion of the warehouse space features a 12-foot clearance height and 100% air conditioning with a drop ceiling. A special incentive is available: Landlords are offering two months free rent on a three-year lease or three months free rent on a five-year lease, valid until the end of November 2024. This property presents a unique opportunity in the desirable Tempe Southwest Industrial submarket of Maricopa County, Arizona, zip code 85282.

Property profile

Verified
Property type Warehouses
Year built 1981
Total area 16,494 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Production Facility
  • Dental Office
  • Wheelchair Repair Service Health
  • Dental Office

Location

5028 Ash Ave Tempe, AZ 85282
Tempe metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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