1500 Elna Rae St Tempe, AZ 85281
This exceptional Class A industrial warehouse, located at 1500 W Elna Rae Street in Tempe, Arizona, offers 13,794 square feet of single-tenant space, perfect for distribution or warehousing operations. Built in 2016, the property boasts a 20-foot ceiling height, providing ample vertical storage capacity. The warehouse features one loading dock for efficient loading and unloading, complemented by 21 parking spaces for employees and visitors. Power is robust, with 800 amps, 277/480 volts, and 3-phase power available. The expansive 31,516 square foot lot provides ample room for maneuvering and future expansion. The property is zoned GID, within the North Tempe submarket, offering convenient access to Sky Harbor Airport, Arizona State University, and all major freeways. The building is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure a modern, well-located industrial space in a thriving area of Tempe, Maricopa County, Arizona (zip code 85281). The property's strategic location and modern amenities make it an attractive option for businesses seeking efficient and accessible warehouse space. The property is ready for immediate occupancy.
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
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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.