1840 E University Dr | Tempe, AZ 85281
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- LoopNet Team
1840 E University Dr
Tempe, AZ 85281
LUXE LAWNS · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Fully Renovated – This location will be fully renovated at the end of 2024 (roughly $1.5M of renovations).
- Densely Populated – This location has a population of ±357,281 within a 5-mile radius of the property.
- Sale-Leaseback – Luxe Lawns has a NNN lease that will commence at the close of escrow with 3% increases through the options.
- Highly Visible – Located off of McClintock Dr. and University Dr., this property gets passed by ±62,201 VPD on average.
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built/Renovated | 1985/2024 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.92 AC | Clear Ceiling Height | 17’ |
| Rentable Building Area | 31,426 SF | No. Drive In / Grade-Level Doors | 6 |
| Zoning | I-1, Tempe - Industiral | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.92 AC |
| Rentable Building Area | 31,426 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2024 |
| Tenancy | Single |
| Clear Ceiling Height | 17’ |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | I-1, Tempe - Industiral |
AMENITIES
- Fenced Lot
- Yard
PROPERTY TAXES
| Parcel Number | 132-40-005L | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $297,435 |
PROPERTY TAXES
Parcel Number
132-40-005L
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$297,435
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