Tempe, Arizona, is a hub for industrial activity, with numerous Industrial Space For Lease opportunities available. With its strategic location in the East Valley section of metropolitan Phoenix, Tempe offers a unique blend of amenities, infrastructure, and education, making it an attractive destination for businesses. The city is home to Arizona State University, which is known for its innovative research and development, particularly in the field of science. Additionally, Tempe is situated near major transportation facilities, including Phoenix Sky Harbor International Airport and Phoenix-Mesa Gateway Airport, providing easy access to national and international markets. The city's diverse economy, which includes major employers like DriveTime, Carvana, and GoDaddy, further enhances its appeal as a prime location for Industrial Space.
With 115 Industrial Space For Lease options available, Tempe offers a range of possibilities for businesses looking to establish or expand their operations. The city's Industrial Space is characterized by average annual rents of $16 USD per square foot, with sizes ranging from 132 to 258,727 square feet. In addition to Industrial Space, Tempe also offers Flex Space, Commercial Real Estate, Land, and Restaurants For Lease, providing a diverse range of options for businesses. For example, Flex Space in Tempe is ideal for companies that require a combination of office and warehouse space, while Commercial Real Estate is suitable for businesses that need a more traditional office setting. Land For Lease is also available for companies that want to develop their own facilities, and Restaurants For Lease offer a unique opportunity for entrepreneurs to establish their own dining establishments. Overall, Tempe's diverse range of property types and amenities make it an attractive destination for businesses of all types.
What is the average size of industrial space for lease in the Tempe market?
The average size of industrial space for lease in the Tempe market is 11,606 square feet, with a total of 115 available listings, and maximum space size of 258,727 square feet.
What do I need to look for when leasing an industrial space in Tempe?
When leasing an industrial space in Tempe, there are several key factors to consider to ensure you find the right property for your business needs, including:
- Average annual rent per square foot, which is currently $16 USD per square foot, and average space size, which is approximately 11,606 square feet, to determine your budget and space requirements.
- Proximity to major transportation hubs, such as Interstate 10, Loop 202, and Phoenix Sky Harbor International Airport, to ensure easy access for employees, customers, and shipments.
- Amenities and services in the surrounding area, including access to Tempe Town Lake, Papago Park, and Kiwanis Park, which can impact employee morale and productivity, as well as the overall success of your business.
