218 W 3rd Ave

Description:

SVN Desert Commercial Advisors is pleased to present a rare urban infill industrial/showroom opportunity in the heart of Tempe, Arizona! This fully renovated 5,130 SF industrial/flex space provides an exceptional showcase for business owners and traditional investors. Current Ownership has demonstrated a pride of ownership approach over the years as the property underwent numerous upgrades consisting of 100% HVAC, and extended clear height in the showroom area (10' clear height), among additional high-end cosmetic improvements. The GID zoning offers flexibility and opportunity for a range of industrial uses. With frontage on University Dr, two 7x8' roll-up doors, a private office, and ample parking, this property is a standout choice. This is a strategic urban infill location that would excel from excellent arterial frontage and a strong commercial trade area.

The subject property is located along University Drive in the heart of Tempe, AZ. Just a couple of blocks west of Loop 101, this particular location of University Drive sees nearly 35,000 vehicles per day, offering excellent visibility to building owners along this major artery of Tempe. In addition to the convenient freeway accessibility, the property is a stone's throw away from Tempe Marketplace. Arizona State's main Tempe campus is located within walking distance, just a couple of blocks to the West. There are over 365,000 residents located within a 5-mile radius of this location and the local population growth is anticipated to be nearly 2% over the next 5 years. Demographically, the more urban, infill location presents a very walkable location for occupiers and investors alike.

1 Space Available

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