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1419 W 12th Pl
Tempe, AZ 85281 West Tempe

$2,332,000 USD

Warehouse Condo For Sale  •  10,600 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 33,200 SF
  • Lot Size 0.76 AC
  • Building Class B
  • Year Built 1975
  • Tenancy Multiple
  • Zoning GID
50 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 101/ 102 Industrial 10,600 SF $2,332,000 USD
  • Unit Size: 10,600 SF
  • Condo Use: Industrial
  • Price: $2,332,000 USD
  • Sale Type: Investment
  • Price/SF: $220.00 USD
Description
Industrial condo in central Tempe featuring grade-level and truck well loading, functional design, and an established tenant, offering immediate stabilized income.

Sale Notes
This investment offering presents two adjacent industrial condominiums totaling approximately 10,600 SF located in the heart of Tempe, Arizona. Positioned just five minutes from I-10 and Loop 202, the property ensures excellent connectivity for logistics and distribution operations. Both units are fully leased. Recent capital improvements—including a new roof and updated HVAC—enhance operational efficiency and reduce future maintenance risk. Offered below replacement cost in a land-constrained submarket, this property delivers strong potential for cash flow and value appreciation. Combined with truck well and grade-level loading capabilities, this opportunity aligns well with investor goals for functionality, durability, and income security.

Description 

The property at 1419 W. 12th Place is an infill industrial facility located in Tempe’s highly desirable submarket, just minutes from Interstate 10 and Loop 202. The building totals ±33,200 SF and features masonry construction, clear heights ranging from 14 to 16 feet, and versatile loading. Power capacity includes 400 amps at 120/208 volts with three-phase service. This facility has received recent upgrades, such as a new roof and enhanced HVAC systems, ensuring operational efficiency. Located for optimal access to major highways and regional distribution networks, the property supports diverse industrial uses, from warehousing to specialized service operations.

Highlights

Located five minutes from I-10 and Loop 202 for convenient regional access.
Masonry construction with clear heights of 14–16 feet.
Versatile loading with grade-level and truck well doors in each suite.
Recent capital improvements include new roof and HVAC systems.
Positioned in a land-constrained Tempe infill market with strong demand.

Property Flyers

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 10 min - 4.5 mi
Phoenix-Mesa Gateway 37 min - 24.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Chris Reese 602-222-5089 Colliers
Chris Reese 602-222-5089 Colliers