Property profile

2105-2231 48Th St Tempe, AZ 85283

OFF-MARKET
Office Spaces
16,200 SF Built 1966
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Property summary

AI-generated overview

This Tempe, Arizona property, known as Buttes Business Center I & II, offers a unique opportunity for businesses seeking flexible industrial or office space. Located at 2105-2231 S 48th St, Tempe, AZ 85283, this single-story building boasts a total of 16,200 square feet, with 4,780 square feet currently vacant and available for lease. The property is zoned I-1 and situated on 48th Street and Broadway Road in the Tempe Southwest Industrial submarket of Maricopa County. Units range from a minimum of 1,920 square feet to a maximum contiguous space of 2,860 square feet, making it suitable for a variety of business needs. Built in 1966, the building features a 14-foot ceiling height, providing ample vertical space. The property offers 120V/208A/3-phase power. This multi-tenant building is ideal for businesses requiring executive office space, manufacturing space, or flexible space to accommodate diverse operational needs. The property's convenient location and versatile layout make it an attractive option for companies seeking a strategic presence in the thriving Tempe market. Contact us today to learn more about leasing opportunities.

Property profile

Verified
Property type Office Spaces
Year built 1966
Total area 16,200 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
  • Business Service Center Corporate Office

Location

2105-2231 48Th St Tempe, AZ 85283
Tempe metro
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Value estimations

Realmo proprietary · 4 methods
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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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