What is the asking price for Industrial Condos for Sale in Tempe?

The lease rate for space here is Contact for pricing.

What is the total size of Industrial Condos for Sale in Tempe?

The property has a total square footage of 10,600 SF.

How many parking spaces are available at Industrial Condos for Sale in Tempe?

Parking information for the property isn't currently listed. However, other nearby parking options include The Parking Spot South, located 1.12 miles away , and Centerpoint, which is 1.31 miles away.

1419 W 12th Pl, Tempe, AZ 85281 | CommercialCafe.com

For Sale $2,332,000
Property Type Industrial - Warehouse/Distribution
Property Size 10,600 SF
Date Updated Jun 27, 2026

Description

Colliers International, as exclusive advisor, is pleased to present this value-add opportunity to acquire two adjacent industrial condos located in the heart of Tempe. The condos are located five minutes from Interstate 10 and the Loop 202 and consists of two tenants occupying a total of 10,600 square feet.

The suite sizes are approximately 6,600 SF (Unit #101) and 4,000 SF (Unit #102). Both suites are currently occupied with leases executed within the last two years. The average in place rent is $0.96/SF Modified Gross, substantially below current market conditions of $1.35/SF NNN. The tenants are currently responsible for base rent, CAMs, management fees, plus the City and County Rental tax rates (currently at 2.3%). Ownership covers the building property taxes and building property insurance.

The combination of stable in place income, functionality with truck well & grade level loading, and the opportunity to add value through increased rents provides investors with an exceptional investment opportunity.