7305 Kyrene Rd Tempe, AZ 85283-4608

This exceptional 12,220 square-foot property located at 7305 S Kyrene Road in Tempe, Arizona presents a unique owner-user or add-value investment opportunity. Situated on a sizable 1.32-acre lot, the property is zoned I-1 (Light Industrial), offering considerable flexibility for a variety of uses. Originally constructed in 2000 as a retail strip center, the building has a proven track record of accommodating diverse tenants, including FedEx, office spaces, and a Pilates studio. Currently operating as a boxing gym, the property's adaptability is a key selling point. The I-1 zoning allows for a wide range of permitted uses, including medical clinics, significantly expanding the potential tenant pool. Furthermore, the property is eligible for retail permits and various special use permits, opening doors for repositioning or redevelopment to capitalize on the growing Tempe market. This presents a rare chance to acquire a well-located, versatile property with significant upside potential in a thriving area. The substantial lot size and flexible zoning make this an ideal asset for investors seeking a strong return on investment or businesses looking for a custom-designed space.