1320 Priest DrTempe, AZ 85281

  • Flex space
  • 38,038 SF
For Lease
$18.60/SF/YR View listing

Property Details for 1320 Priest Dr

Year built
1996
Construction
CONCRETE
Lot size
4.33 AC
Property size (Sq ft)
38,038 SF
Zone code
GID
Property type
Flex space
APN
124-58-025C
APU
12458025C

Description

This exceptional 6,880-square-foot industrial property, located at 1320 S. Priest Dr., #107, Tempe, AZ 85281, presents a unique opportunity for businesses seeking versatile space in the Sky Harbor Airport submarket of Maricopa County. The property is currently fully vacant and offers a flexible layout suitable for a variety of uses, including executive office space, warehouse storage, and distribution operations. The unit boasts a substantial 21-foot ceiling height, providing ample vertical space for storage or racking systems. Two convenient drive-in doors ensure efficient loading and unloading of goods. The property is zoned I-1 and features robust electrical service with 200 Amps, 3-phase, 277/480V power. Its strategic location within the Sky Harbor Airport submarket offers excellent access to major transportation arteries, making it ideal for businesses requiring seamless logistics and convenient commutes for employees. The entire 6,880 square feet is available for immediate occupancy, providing a blank canvas for customization to meet specific business needs. This multi-tenant building offers a prime opportunity to establish a significant presence in a thriving Tempe location. Inquire today to learn more about this exceptional industrial space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,774,942
    Hospitality
    $6,205,810
    Educational
    $5,163,162
    Medical
    $5,340,730
    Retail
    $8,031,585

Location Insight

City
Tempe
County
Maricopa
State
Arizona
Latitude
33.4142
Longitude
-111.962
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$83,555
-
-
$1,716,561
-
$1,334,800
$9,068,600
$10,403,400

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