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Add a Listing Advertise
  1. Industrial Space
  2. AZ
  3. Tempe

Industrial-Flex Warehouse

For Lease 3,000 SF

422 S Madison Dr, Ste 2, Tempe, AZ 85281

Set in the heart of Tempe, the property benefits from a central location within one of the Valley’s most active business environments. Tempe is known for its strong employment base, established industrial presence, and convenient regional connectivity, making the area appealing to manufacturing and industrial tenants seeking access to a deep labor pool and surrounding commerce. The location also offers proximity to Arizona State University, Downtown Tempe, and Tempe Town Lake, along with a wide range of nearby dining, service, and retail amenities. With access to the broader Tempe market and the advantages of a well-recognized business community, the area supports day-to-day operations while placing tenants near key destinations throughout the city.Now available in one of Tempe's most popular industrial districts. Sitting east of the Phoenix Sky Harbor airport, just off of AZ SR-143 and sandwiched between Loop 202, I-10, and US-60, this property is in a prime location for an industrial user who wants to benefit from great accessibility throughout the county. With a 12'x12' roll-up door, 15' warehouse, 1 office, and a large bullpen included, this is a great fit for a wide variety of uses.

Key features

  • (1) office, spacious bullpen, (1) 12'x12' roll-up door, and 15' warehouse clear height
  • Located near AZ SR-143, Loop 202, I-10, and US-60
  • Sublease opportunity thru 3/31/28

Rental Details

  • Number of spaces 1
  • Total square feet available 3,000 SF
  • For Lease $1.24/SF/YR
  • Space Type Industrial
  • Lease Type NNN
  • Latest Update Sep 28, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
Suite 2 Industrial $1.24/SF/YR 3,000 SF - NNN

Suite 2

Space Type

Industrial

Lease Rate

$1.24/SF/YR

Additional Rent

Price on request

Total Space Available

3,000 SF

Divisible Space

3,000 - 3,000 SF

Available Date

Immediate

Lease Type

NNN

Sublease

Yes

Sublease Expiry

Mar 31, 2028

NNN: $0.29/SF/Month

Suite 2

Space Type
Industrial
Lease Rate
$1.24/SF/YR
Total Space
3,000 SF
Lease Type
NNN
Space Type

Industrial

Lease Rate

$1.24/SF/YR

Additional Rent

Price on request

Total Space Available

3,000 SF

Divisible Space

3,000 - 3,000 SF

Available Date

Immediate

Lease Type

NNN

Sublease

Yes

Sublease Expiry

Mar 31, 2028

NNN: $0.29/SF/Month

Contacts

broker
Preston Beck

COBE Real Estate

Building Details

  • For Lease $1.24/SF/YR
  • Property Type Industrial - Manufacturing
  • Property Size 3,000 SF
  • Units 1
  • Lot Size 0.07 Acre
  • Additional Rent Price on request
  • Year Built 1983
  • Date Updated Sep 28, 2026
  • HVAC

    None

Location

  • City Tempe, AZ
  • Neighborhood Peterson Park
  • Zip Code 85281
  • Market Phoenix
  • Map
  • Street
  • Walk score 25/100 Car-Dependent
  • Transit score 47/100 Some Transit
  • Bike score 58/100 Bikeable
Powered by Walk Score ®

Points of Interest

AAA Full Transportation

0.65 miles

50th St/ Washington

1.50 miles

Priest Dr/ Washington

1.55 miles

5th St / Ash Ave

1.77 miles

44th St/ Washington

1.77 miles

Waymo Rideshare

1.78 miles

3rd St / Ash Ave

1.80 miles

Center Pkwy/ Washington

1.81 miles

University Dr / Ash Ave

1.84 miles

Tempe Beach Park / Rio Salado Pkwy

1.90 miles

Circle K

0.81 miles

Blink

0.86 miles

Phoenix Fuel

1.02 miles

Chevron

1.23 miles

Shell

1.26 miles

chargepoint

1.39 miles

ChargePoint

2.61 miles

Wallbox

2.64 miles

Tesla Destination Charger

2.75 miles

Watermark Visitor Parking

2.78 miles

The Parking Spot South

0.51 miles

East Overflow Lot

0.75 miles

East Economy Parking

0.83 miles

Garage B

0.84 miles

Garage A

0.89 miles

East Cell Phone Lot

1.17 miles

Amazon.com Parking

1.22 miles

PrimeNow Parking

1.29 miles

Oversized Vehicle Parking

1.42 miles

Soleo Health Phoenix

0.05 miles

Breezing Co

0.46 miles

Healthwaves Corporate Wellness

0.62 miles

Reyes Family Medicine

0.86 miles

Arizona Home Care & Infusion

1.11 miles

Genoa Healthcare

1.23 miles

Concentra Urgent Care

1.23 miles

HonorHealth Medical Group - West Tempe - Primary Care

1.25 miles

MomDoc for Women

1.27 miles

Cardinal Heath

1.43 miles

Mad Fresh Kitchen

0.16 miles

SoulNLuv

0.16 miles

Bay Bay’s Fish & Chicken

0.17 miles

Krispy Krunchy Chicken

0.38 miles

Arizona Sandwich Company & Catering

0.39 miles

Rally's

0.74 miles

Subway

0.75 miles

Dunkin'

0.82 miles

Taco Bell

0.84 miles

Tokyo Stop

0.85 miles

Listing Summary

  • Asking Prices

    At 422 S Madison Dr, Ste 2, the asking rate for industrial space for lease starts at $1.24/SF/YR.

  • Available Industrial Space

    Availabilities for industrial space in this property total 3,000 square feet of space across 1 space.

  • Property Characteristics

    422 S Madison Dr, Ste 2 totals 3,000 square feet, being completed in 1983.

Contact Preston Beck
broker
Preston Beck

COBE Real Estate

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