Property summary
This Tempe, Arizona industrial property presents a compelling owner-user opportunity, ideally suited for a variety of businesses. Located within the Smith Innovation Hub Industrial Park, this 7,676 square foot flex/warehouse building offers a strategic location bounded by major freeways (Loop 101 and Loop 202) and Rio Salado Parkway, ensuring excellent accessibility. The property boasts a 12' clear height, four 10' x 10' roll-up doors, and planned 800 AMP power service. Built in 1964 and shelled/cleaned in 2023, the building sits on approximately 0.44 acres (19,166 square feet) and includes outside storage. The asking price is $1,600,000, translating to $208.44 per square foot. The property's zoning designation is GID (City of Tempe). Its proximity to Tempe Marketplace and Spring Training Baseball offers significant potential for customer traffic. The Smith Innovation Hub, a 302-acre business park, provides a dynamic environment with established businesses and redevelopment opportunities. Tempe's commitment to fostering innovation, streamlined permitting, competitive tax rates, and a skilled workforce (due to Arizona State University's proximity) further enhances the property's appeal. This is a rare chance to acquire a well-situated industrial property in a thriving Arizona market.
Property profile
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Current use
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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