1618 Priest Dr Tempe, AZ 85281

This exceptional investment opportunity presents a 21,105-square-foot flex space condominium in Tempe, Arizona's desirable Enclave on Priest development. Built in 2009, this Class B property boasts a prime location and is zoned GID (General Industrial District) by the City of Tempe. The space is ideally suited for owner-users seeking a blend of office and warehouse functionality. The building features approximately 14,773 square feet of attractive office space with 10-foot ceilings, complemented by approximately 6,332 square feet of fully climate-controlled warehouse space featuring a generous 16-foot clear height. Five grade-level dock-high doors provide efficient loading and unloading capabilities. Currently operating at 100% occupancy, the property offers a strong net-leased investment opportunity with a lease expiration date of June 1, 2025. The asking price is $4,750,000, translating to $225.07 per square foot. This property represents a rare chance to acquire a well-maintained, strategically located flex space in a thriving Tempe market. The property is offered as a leased fee interest.