2425 12Th St Tempe, AZ 85281
This exceptional Tempe Northwest industrial property, Hohokam Business Park, offers a diverse range of warehouse, flex, manufacturing, distribution, and R&D spaces for lease. The park comprises eighteen single-story buildings, built in 1986 and renovated in 2021, providing a blend of modern amenities and established infrastructure. Currently, eight units are available, ranging from 2,275 to 9,274 square feet. The property features multi-tenant buildings with grade-level 10' x 10' overhead doors, ideal for efficient loading and unloading. Units boast variable ceiling heights reaching up to 16 feet, providing ample vertical space for various operational needs. HVAC and evaporative cooling systems are in place to ensure climate control. The property is zoned I-1 by the City of Tempe and serviced by Salt River Project (SRP). Its strategic location offers easy access to major transportation arteries, including SR-143, I-10, Loop 202, and US 60, as well as convenient proximity to Sky Harbor Airport. This makes Hohokam Business Park an attractive option for businesses seeking efficient operations and excellent connectivity. The property's Class B designation reflects its well-maintained condition and functional design.
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Terranext, L.L.C. Engineering Consultant
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Mcsi Parking Lot & Garage
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Suan Farma Pharmacy
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ARCED Alliance Industrial Manufacturer
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Design Solutions Limited Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.