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8945 S Harl Ave
55,221 SF Flex Building Offered at $8,700,000 at a 7.26% Cap Rate in Tempe, AZ
- Agave Business Center offers investors a unique opportunity to acquire a 100% leased industrial flex building with a diverse tenant mix.
- With its prime Tempe location directly east of the full diamond interchange at Warner Road and I-10.
- This building is 100% air conditioned.
- Adjacent to the property is the Phoenix South Mountain Preserve with over 100 miles of hiking and biking trails.
|Price||$8,700,000||Rentable Building Area||55,221 SF|
|Sale Type||Investment||No. Stories||1|
|Cap Rate||7.26%||Year Built||2000|
|Sale Conditions||1031 Exchange||Parking Ratio||3/1,000 SF|
|Property Type||Flex||Clear Ceiling Height||20 FT 1 IN|
|Property Sub-type||R&D||No. Drive In / Grade-Level Doors||7|
|Building Class||B||Zoning Description||I-1|
|Lot Size||5.37 AC||APN / Parcel ID||301-59-845|
ABOUT 8945 S Harl Ave , Tempe, AZ 85284
The single story light industrial/flex office building is part of the Agave Center Project totaling 216,846 square feet. The property features a high-speed data line conduit in place, grade-level loading doors, and possible loading docks. The build to suit shell space can be all office, warehouse or anything in between. Parking can be expanded and additional parking is available. The building has 15-minute access to Sky Harbor International Airport, 20-minute access to downtown Phoenix, and a 5-minute drive to over 3 million square feet of retail amenities. There is direct access to the I-10 and full diamond interchange via Warner Rd. and Harl Rd. The building is Close to diversified housing in Tempe, Chandler and Phoenix master planned communities.
Major Tenant Information
|Tenant||SF Occupied||Lease End Date|
|Worldwide Corp housing||-|
- Air Conditioning
- Fenced Lot
Phoenix Sky Harbor International Airport
|17 min drive||10.1 mi|
About the Seller
About the Architect
Eric Wichterman , Executive Managing Director-PRIVATE CAPITAL GROUP
Michael Coover , Managing Director
Mike’s former position at the firm was the Director of Client Services. His responsibilities included managing the Research, GIS and Marketing groups. In that capacity he also produced all commercial real estate market trend reports, economic overviews and forecasts.
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.
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