1419 W 12th Pl
1419 W 12th Pl, Tempe, AZ 85281
Colliers International, as exclusive advisor, is pleased to present this value-add opportunity to acquire two adjacent industrial condos located in the heart of Tempe. The condos are located five minutes from Interstate 10 and the Loop 202 and consists of two tenants occupying a total of 10,600 square feet.
The suite sizes are approximately 6,600 SF (Unit #101) and 4,000 SF (Unit #102). Both suites are currently occupied with leases executed within the last two years. The average in place rent is $0.96/SF Modified Gross, substantially below current market conditions of $1.35/SF NNN. The tenants are currently responsible for base rent, CAMs, management fees, plus the City and County Rental tax rates (currently at 2.3%). Ownership covers the building property taxes and building property insurance.
The combination of stable in place income, functionality with truck well & grade level loading, and the opportunity to add value through increased rents provides investors with an exceptional investment opportunity.
Available
Building Details
- For Sale $2,332,000
- Property Type Industrial - Warehouse/Distribution
- Property Size 10,600 SF
- Lot Size 0.14 SF
- Additional Rent Price on request
- Year Built 1975
- Date Updated Oct 25, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Colliers
Location
- City Tempe, AZ
- Neighborhood Peterson Park
- Zip Code 85281
- Market Phoenix
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Walk score 42/100 Car-Dependent -
Transit score 44/100 Some Transit -
Bike score 68/100 Bikeable
Points of Interest
University Dr / Ash Ave
1.27 miles
5th St / Ash Ave
1.31 miles
AAA Full Transportation
1.32 miles
11th St / Mill Ave
1.33 miles
9th St / Mill Ave
1.37 miles
3rd St / Ash Ave
1.41 miles
Blue Star Transportation
1.46 miles
6th St / Mill Ave
1.47 miles
Mill Ave/ 3rd St
1.53 miles
Tempe Beach Park / Rio Salado Pkwy
1.57 miles
Circle K
0.50 miles
Blink
0.65 miles
Shell
1.07 miles
Chevron
1.09 miles
chargepoint
1.32 miles
Phoenix Fuel
1.67 miles
QuikTrip
1.80 miles
Fry's Fuel Center
1.98 miles
Wallbox
2.31 miles
ChargePoint
2.32 miles
The Parking Spot South
1.12 miles
Centerpoint
1.31 miles
CVS Parking Lot
1.35 miles
Lot 3
1.38 miles
10th St. Parking Structure
1.48 miles
City Hall Visitor's Parking
1.52 miles
Apache Parking Structure
1.65 miles
University Towers Parking Structure
1.66 miles
East Overflow Lot
1.70 miles
Reyes Family Medicine
0.28 miles
Concentra Urgent Care
0.29 miles
HonorHealth Medical Group - West Tempe - Primary Care
0.31 miles
Genoa Healthcare
0.33 miles
MomDoc for Women
0.33 miles
Healthwaves Corporate Wellness
0.42 miles
Arizona Home Care & Infusion
0.47 miles
Breezing Co
0.52 miles
Sigma Wellness Center
0.68 miles
Soleo Health Phoenix
1.02 miles
Munch A Lunch
0.14 miles
Dunkin'
0.44 miles
Tokyo Stop
0.45 miles
Subway
0.46 miles
Original Hoagie Shop
0.47 miles
Rally's
0.50 miles
Taco Bell
0.51 miles
Jack in the Box
0.53 miles
Master Taco
0.56 miles
Filiberto's
0.57 miles
Listing Summary
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Property Financials 1419 W 12th Pl is currently listed for sale at $2,332,000 for a price per square foot of $220.
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Property Details 1419 W 12th Pl totals 10,600 square feet of Industrial space on a lot spanning 0.14 square feet. The property was initially built in 1975.
Colliers
