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Investment Highlights
- Highly Functional ±14,000 SF Flex/Industrial Building Featuring an Efficient ±75% Warehouse to Office Configuration
- 14’ Clear Height and an Open Warehouse Design Ideal for a Wide Range of Industrial and Flex Users
- The Property Offers Immediate Access to Major Transportation Corridors, Providing Seamless Regional Connectivity
- Rare Opportunity with a Fully Secured Gated Yard on A ±1.03-Acre Site in the Heart of Tempe
- Strong Parking Ratio Of ±3.60/1,000 With Excellent Onsite Circulation
Executive Summary
Located in the heart of Tempe’s established industrial corridor, 1203 W Geneva Drive offers a rare chance to acquire a highly functional ±14,000 SF freestanding flex/industrial building on a ±1.03-acre site. Built in 1980 and zoned GID, this property combines versatility and efficiency with an ideal ±75% warehouse to office ratio, 14-foot clear height, and an open floor plan designed to accommodate a wide range of industrial, flex, and service-oriented uses. A fully secured, gated yard enhances operational flexibility, while a strong parking ratio of ±3.60/1,000 ensures convenience for employees and visitors.
Strategically positioned just minutes from Loop 101, Loop 202, I-10, and US-60, the site provides seamless regional connectivity for logistics and workforce access. Proximity to Phoenix Sky Harbor International Airport and major employment hubs further strengthens its appeal for owner-users seeking a central location in one of the Valley’s most dynamic submarkets. With immediate access to key transportation corridors and a robust industrial ecosystem, this asset represents a compelling investment for businesses looking to establish or expand their footprint in Tempe.
Strategically positioned just minutes from Loop 101, Loop 202, I-10, and US-60, the site provides seamless regional connectivity for logistics and workforce access. Proximity to Phoenix Sky Harbor International Airport and major employment hubs further strengthens its appeal for owner-users seeking a central location in one of the Valley’s most dynamic submarkets. With immediate access to key transportation corridors and a robust industrial ecosystem, this asset represents a compelling investment for businesses looking to establish or expand their footprint in Tempe.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,575,000 | No. Stories | 1 |
| Price Per SF | $255.36 | Year Built | 1980 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 3.6/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 1.03 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 14,000 SF | ||
| Zoning | I-1 | ||
| Price | $3,575,000 |
| Price Per SF | $255.36 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.03 AC |
| Rentable Building Area | 14,000 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 3.6/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | I-1 |
Amenities
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 123-40-022 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $167,337 |
Property Taxes
Parcel Number
123-40-022
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$167,337
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1203 W Geneva Dr
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