1840 Warner RdTempe, AZ 85284

Property Details for 1840 Warner Rd

Year built

1987

Construction

CONCRETE

Lot size

7.45 AC

Property size (Sq ft)

13,083 SF

Zone code

PCC-1

Property type

Outlet malls

APN

301-50-961

APU

30150961

Description

This exceptional retail opportunity presents two available spaces totaling 1,372 to 4,300 square feet, ideally situated at 1840 E Warner Rd, Tempe, AZ 85284. Located at the northeast corner of McClintock and Warner Roads, this property offers unparalleled visibility and accessibility for businesses seeking a high-traffic location. The property is classified as a retail and restaurant space, suitable for a variety of uses including shops and restaurants within a shopping center or strip center environment. The multiple tenancy structure provides a vibrant and diverse atmosphere, attracting a wide range of customers. The precise square footage of each available space is not specified, but the total available space ranges from 1,372 to 4,300 square feet, allowing for flexibility in tenant needs. This prime Tempe location offers excellent potential for businesses seeking high visibility and foot traffic in a thriving commercial area. The address is easily accessible from major roadways, ensuring convenient access for both customers and employees. This property presents a unique opportunity to establish or expand a business in a dynamic and desirable location within the Tempe market. Interested parties are encouraged to inquire for further details regarding lease terms and space availability. The property's location at the intersection of McClintock and Warner Roads provides exceptional exposure to a large volume of daily traffic.

• CAP approach

  CAP return

  Valuation

  6%

  $2,429,970

  6.5%

  $2,243,050

  7%

  $2,082,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,097,410

  Geo Method

  $2,097,410

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,486,010

  Mixed-Use / Specialty

  $2,189,850

  Hospitality / Lodging

  $1,547,780

  Office

  $2,129,760

  Institutional / Educational

  $2,260,410

  Residential Income

  $2,644,680

  Multifamily

  $3,422,460

  Automotive / Energy

  $1,937,490

  Parking / Income-Based Land

  $713,261

  Restaurant / Food Service

  $1,042,490

  Healthcare / Senior Housing

  $2,292,000

Location Insight

City

Tempe

County

Maricopa

State

Arizona

Latitude

33.3355

Longitude

-111.908

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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