- For Sale $4,471,000
- Property Type Industrial - Manufacturing
- Property Size 16,843 SF
- Lot Size 1.13 Acre
- Property Tenancy Single Tenant
- Year Built 1999
- Date Updated Jun 12, 2026
- HVAC None
Description
Convenient access to Arizona State University, Downtown Tempe, Phoenix Sky Harbor, Loop 101, Loop 202, SR-143, US-60, and I-10.Freestanding office/flex investment opportunity in a prime Tempe location featuring office space and warehouse with roll-up garage door, outdoor patio/seating area, and a secured 1.13-acre lot with covered parking. The property is 100% leased to Pavion under a NNN lease with term remaining through August 28, 2029 and 3% annual rent increases. Convenient access to Arizona State University, Downtown Tempe, Phoenix Sky Harbor, Loop 101, Loop 202, SR-143, US-60, and I-10.
Highlights
- 100% leased to Pavion, an established national tenant
- Easy Access to Loop 101, Loop 202, SR-143, US-60, and I-10
- Freestanding Office/Flex Investment Opportunity
- Ideal Tempe location with close proximity to Arizona State University, Downtown Tempe, Tempe Town Lake, & Phoenix Sky Harbor
- Landlord friendly NNN Lease Structure
- Large 1.13 acre lot with a secured yard and 4/1,000 SF Parking Ratio, including covered parking
- Long term lease with term remaining through August 28, 2029
- On-site Warehouse with roll-up garage door
- Outdoor patio and seating area
- Steady 3% annual increases throughout the Lease Term
False
Contacts
Tom Ellixson
Menlo Group
Location
Located at 420 S Smith Rd, Tempe, AZ 85288, this property is part of the Hughes Acres neighborhood and Phoenix market.
Contact Listing Broker
Tom Ellixson
Menlo Group
