Industrial Properties in Tempe, Arizona offer a unique investment opportunity for those looking to capitalize on the city's strong economy and strategic location. As a hub for education, commerce, and entertainment, Tempe provides an ideal environment for industrial properties to flourish. These properties can represent a range of investments, from warehouses and manufacturing facilities to research and development centers. With its proximity to Arizona State University, Tempe is an attractive location for companies involved in cutting-edge research and innovation. The city's infrastructure, including Valley Metro Rail and Orbit neighborhood circulator service, freeways like Interstate 10, Loop 202, Loop 101, and U.S. Route 60, as well as Phoenix Sky Harbor International Airport and Phoenix-Mesa Gateway Airport, makes it an ideal location for industrial properties that require easy access to transportation routes. Additionally, Tempe's highly educated workforce, with a strong presence of students and alumni from Arizona State University, provides a valuable resource for companies operating in the area. With attractions like Tempe Town Lake, Papago Park, and the Tempe Center for the Arts, Tempe is a great place to do business and travel.
Tempe, Arizona is home to 26 Industrial Properties for sale, offering a range of options for investors and businesses. With an average price per square foot of $291 USD and an average size of 33,204 square feet, these properties provide a unique opportunity for companies to establish a presence in the area. In addition to Industrial Properties, Tempe is also home to Warehouses, with their own unique characteristics and advantages. The city's Land market offers a range of opportunities for development and investment. Apartment Buildings in Tempe provide a strong rental market, with a high demand for housing from students and professionals. Finally, Commercial Real Estate in Tempe offers a range of options for businesses, from office space to retail locations. With its strong economy, highly educated workforce, and strategic location, Tempe is an attractive location for businesses and investors alike.
What is the average price per square foot for industrial properties in Tempe?
The average price per square foot for industrial properties in Tempe is $291 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Tempe, Arizona, as they directly impact the ease of doing business, logistics, and supply chain management.
- Proximity to major transportation hubs, such as Phoenix Sky Harbor International Airport and Phoenix-Mesa Gateway Airport, can increase industrial property values due to the convenience and accessibility they provide for businesses that rely on air cargo and transportation.
- Easy access to major roads and highways, including Interstate 10, Loop 202, Loop 101, and U.S. Route 60, can also boost industrial property values by reducing transportation costs and increasing the speed of delivery.
- In addition, the presence of innovative transportation solutions, such as Waymo's self-driving taxis and the development of the nation's first zero-driving community, Culdesac Tempe, can further enhance industrial property values by providing businesses with cutting-edge logistics and transportation options.
