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33529698
33529694

1419 W 12TH PL, TEMPE, AZ 85281

CR
Colliers - Phoenix, Arizona
Listed by Colliers - Phoenix, Arizona
$2,332,000
1 day on market
Updated 1 day ago

1419 W 12th Pl, Ste 101/102

Details
Property Type Industrial
Sub Type Condo
Square Footage 10,600
Units 1
Occupancy 100%
Class B
Year Built 1975
Zoning GID - General Industrial District
Investment Type Value Add
Ground Lease No
Loading Docks 2
Dock High Doors 2

Value add investment opportunity - two industrial condos totaling ±10,600 SF

Marketing description

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.

Investment highlights

  • Two (2) Industrial Condos
  • 100% Leased
  • Below Market Lease Rates
  • Truck well and Grade Level Loading

Listing Contacts

CR
Colliers - Phoenix, Arizona
Listed by Colliers - Phoenix, Arizona

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