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2700 Sunland DrTempe, AZ 85282

25-Acre Tempe site, high power potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 25.4-acre Tempe, Arizona property presents a significant infill redevelopment opportunity. Located at the southwest corner of Priest Drive and Alameda Drive, the site offers approximately 462,000 square feet of existing improvements, including five vacant office buildings totaling approximately 421,000 square feet, two parking structures, and a 41,000 square foot industrial building. The property is zoned MU-25, allowing for a variety of potential uses, including industrial, data center, multifamily, or business park development. Its prime location in Tempe, Maricopa County, offers high visibility with frontage on Priest Drive, experiencing over 35,000 cars daily, and excellent access to major freeway systems. The site's adjacency to the Broadway Industrial Park, a highly desirable location with low vacancy rates, further enhances its value. Initial assessments suggest a potential 150 MW power capacity, making it particularly suitable for data center or energy-intensive developments. This rare opportunity allows for demolition of existing structures and redevelopment to meet current market demands in a location with high barriers to entry for new construction. The rectangular shape of the parcel adds to its development potential. The property's address includes 2700 S Sunland Dr, 2925 S Sunland Dr, 2750 S Priest Dr, and 2980 S Priest Dr, all in Tempe, AZ 85282.

Highlights

  • 25.4-acre Tempe, AZ infill redevelopment opportunity. The rectangular parcel offers high visibility and freeway access.
  • Currently improved with ±462,000 SF of vacant office and industrial buildings, allowing for immediate demolition and redevelopment.
  • High-traffic location on Priest Drive (35,000+ cars daily) with excellent freeway access.
  • Strategic location adjacent to the Broadway Industrial Park, a highly desirable area with low vacancy rates and high barriers to entry for new construction. Potential for 150 MW power capacity.

Property Details for 2700 Sunland Dr

Property type
Office properties, Mixed-use properties
Square Feet
462,000 SF
Lot Size (sq. ft)
1,106,424 SF

Location Insight

City
Tempe
County
Maricopa
State
Arizona
Latitude
33.3996238
Longitude
-111.9625851
2700 Sunland Dr, Tempe, Arizona

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2700 Sunland Dr
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