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9679023
9679024

218 W 3rd Ave, Mesa, AZ 85210

ES
AZ AZ #SA693314000
SVN | Desert Commercial Advisors
JL
AZ SA648012000
SVN | Desert Commercial Advisors
Listed by SVN | Desert Commercial Advisors
Undisclosed Rate
534 days on market
Updated 36 days ago

218 W 3rd Ave

Building Details
Property Type Industrial
Sub Type Manufacturing, Warehouse
Tenancy Single
Lease Type NNN
Total Building SqFt 1,018
Vacant SqFt 1,018
Ceiling Height 10'
Drive In Doors 2

Spaces

Lease Rate: $2,500 per month Estimated NNN'S ~$100/month ±2,740 SF of Fenced Outdoor Storage

Industrial | Single tenant | 1,018 SqFt

Building description

SVN Desert Commercial Advisors is pleased to present a rare urban infill industrial/showroom opportunity in the heart of Tempe, Arizona! This fully renovated 5,130 SF industrial/flex space provides an exceptional showcase for business owners and traditional investors. Current Ownership has demonstrated a pride of ownership approach over the years as the property underwent numerous upgrades consisting of 100% HVAC, and extended clear height in the showroom area (10' clear height), among additional high-end cosmetic improvements. The GID zoning offers flexibility and opportunity for a range of industrial uses. With frontage on University Dr, two 7x8' roll-up doors, a private office, and ample parking, this property is a standout choice. This is a strategic urban infill location that would excel from excellent arterial frontage and a strong commercial trade area.

The subject property is located along University Drive in the heart of Tempe, AZ. Just a couple of blocks west of Loop 101, this particular location of University Drive sees nearly 35,000 vehicles per day, offering excellent visibility to building owners along this major artery of Tempe. In addition to the convenient freeway accessibility, the property is a stone's throw away from Tempe Marketplace. Arizona State's main Tempe campus is located within walking distance, just a couple of blocks to the West. There are over 365,000 residents located within a 5-mile radius of this location and the local population growth is anticipated to be nearly 2% over the next 5 years. Demographically, the more urban, infill location presents a very walkable location for occupiers and investors alike.

Building highlights

  • ±1,018 SF Freestanding Warehouse Space
  • ±2,740 SF of Fenced Outdoor Storage
  • 100% HVAC
  • 10' Clear Height
  • DB-2 Zoning
  • 2 - 7x8' Roll Up Doors
  • 1 Private Office
  • $2,500/month + NNN's

Listing Contacts

ES
AZ AZ #SA693314000
SVN | Desert Commercial Advisors
JL
AZ SA648012000
SVN | Desert Commercial Advisors
Listed by SVN | Desert Commercial Advisors

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Additional Information

Name
Elijah Stephens
License
AZ #SA693314000
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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