Property profile

1403 W 10Th Pl Tempe, AZ 85281

FOR LEASE
Flex space
Property ID
US07-1083272
46,433 SF 2.58 ac lot Built 1984
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, the Hohokam Commerce Center, presents a compelling leasing opportunity in Tempe, Arizona's thriving East Valley submarket (Tempe Northwest Ind cluster). Located at 1403 W 10th Pl, 85281, this 67,828 square foot facility offers a blend of manufacturing, warehouse, and distribution space, ideal for a variety of businesses. Currently, 5,932 square feet are available for lease, with multiple suites available. Built in 1985, the building boasts a generous 15'6" ceiling height, providing ample vertical space for storage and operations. The property sits on a sizable 4.2-acre lot and offers convenient parking with a ratio of 3.9 spaces per 1,000 square feet. The property is zoned I-1 and features 120/208V, 3-phase power. This prime location in Maricopa County provides easy access to major transportation routes, making it an excellent choice for businesses needing efficient logistics. The available space is perfect for companies seeking flexible and functional industrial space in a well-established Tempe location. Don't miss this chance to secure your business's future in this desirable industrial park.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1984
Construction CONCRETE
Total area 46,433 SF
Lot 2.58 ac (112,217 SF)
Zoning code GID
APN 124-60-018A
UPID US07-1083272

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
  • Dental Office
  • Take-out & Catering
  • Hardware & Home Improvement Furniture & Home Goods
  • Marketing & Advertising Advertising Agency
  • (Bike/Boat/Book/etc) Store

Location

1403 W 10Th Pl Tempe, AZ 85281
Tempe metro Census 319710 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$117.78M
Blend (final) Blend
$6.41M

Owner & transaction history

since 2017
5 recorded transactions
2017
$6.4M
2004
Price N/A
2004
$5.4M
1998
$4.0M
1969
Price N/A

Zoning & alternative use

GID · Tempe, AZ
Zoning description

General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.

General category INDUSTRIAL

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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