2640 W Medtronic Way, Tempe, AZ 85281
$4,100,000
Property Type:
Comm/Industry Sale
Square Footage:
21,218
Lot Size (sq. ft.):
59,390
Status:
Closed
Current Price:
$4,100,000
List Date:
12/22/2023
Last Modified:
3/22/2025
Overview
Description
Over 21,000 SF, fully air conditioned production - flex space with additional uses including distribution, manufacturing, laboratory and office. Current building layout is perfect for one owner-user or tenant or potential multi-tenant occupancy. 53 parking spaces including 9 covered. Two 12' overhead doors. Two 400 amp panels service. Clean Room. Situated on 1.36+AC and ideally located less than 1 mile to the I-10 and 143 Freeways, 2 miles to the 202 Fwy and Sky Harbor Airport, 3 miles to ASU and 10 minutes to downtown Phoenix. Excellent highway exposure with monument signage already in place. Please do not disturb tenants. Floorplan in ''Documents'' tab.
Listing Details MLS# 6642895
Location, Tax & Legal
- House Number
- 2640
- Compass
- W
- Street Name
- Medtronic
- St Suffix
- Way
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85281
- County Code
- Maricopa
- Subdivision
- HOHOKAM INDUSTRIAL PARK
- Assessor Number
- 124-56-039-A
- Tax Year
- 2023
- Assessor's Map #
- 56
- Legal Description (Abbrev)
- HOHOKAM INDUSTRIAL PARK MCR 149-25 LOT 28 EX E 16 6.94F
- Assessor's Parcel #
- 39
- Assessor Parcel Ltr
- A
- Add'l Parcels
- No
- Tax Municipality
- Tempe
- Census Tract
- 319704
- Taxes
- 24442
- Legal
- HOHOKAM INDUSTRIAL PARK MCR 149-25 LOT 28 EX E 16 6.94F
Contract Info
- Ownership
- Fee Simple
General Property Description
- Type of Property
- Industrial Flex
- Ttl Apx SqFt Bldg
- 21218
- # of Buildings
- Yes
- Lot Size Dimensions
- 281' x 222' x 256' x 220'
- Year Built
- 1980
- Volts/Amps
- 400
- Uncvrd Parking Spcs
- 44
- Zoning
- GID, I-1
- Flood Zone
- No
Remarks Misc
- Cross Street
- University and 52nd St.
- Directions
- 52nd St south to Metronic Way. West to property.
Status Change Info
- Off Market Date
- 2025-03-22
- Under Contract Date
- 2024-12-20
- Close of Escrow Date
- 2025-03-21
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 20
- Lot Number
- 28
More Information
Bay Info
- # of Bay Doors
- 2
- Bay Door Height
- 12
- Bay Door Width
- 12
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
- Yes
- Phone Call
- Yes
Contact Info
- List Agent Home Phn
- 602-803-0933
Sold Info
- Loan Type
- SBA
- Loan Years
- 30
- Payment Type
- Fixed
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Block
- Yes
Roofing
- Built-Up
- Yes
Floors
- Vinyl
- Yes
- Ceramic Tile
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 24442
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Building Type
- Commercial
- Yes
- Industrial
- Yes
- Office
- Yes
- Manufacturing
- Yes
- Distribution/Warehouse
- Yes
- Other (See Remarks)
- Yes
Business Type
- Mixed
- Yes
- Professional/Office
- Yes
- Warehouse
- Yes
- Other
- Yes
Stories
- 1 Story
- Yes
Pmt & Rate Info
- Equity
- 4250000
- Total Owed
- 0
Lockbox Type
- None
- Yes
Ceiling Height
- 12.1 Feet to 14 Feet
- Yes
- 14.1 Feet to 16 Feet
- Yes
Heating
- Heat Pump
- Yes
- Office Heated
- Yes
- 2 or More Units
- Yes
Cooling
- Central Air
- Yes
- Warehouse A/C
- Yes
Interior Features
- Finished
- Yes
- Fire Sprinklers
- Yes
- Smoke Detector(s)
- Yes
- Security System
- Yes
- Security Camera(s)
- Yes
- Alarm System
- Yes
- Private Restrooms
- Yes
Loading Facilities
- Grade Level
- Yes
- Drive-in Door(s)
- Yes
Road Surface Type
- Asphalt
- Yes
Exterior
- Corner Lot
- Yes
- Dual Street Ftg
- Yes
- Sprinkler System-Ground
- Yes
- Landscaping
- Yes
- Curb(s) & Gutter(s)
- Yes
- Monument Sign
- Yes
- Security Light(s)
- Yes
Source of Fincl Data
- Owner
- Yes
Fencing
- Block
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- Frontage
- Yes
- Up to 1 Mile
- Yes
Building Features
- Conference Room
- Yes
- Clean Room
- Yes
- Kitchen
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Parking Lot
- Yes
- Private
- Yes
- Paved
- Yes
Electric
- SRP
- Yes
- Over 220 Amp
- Yes
Gas
- City Gas
- Yes
New Financing
- Cash to Loan
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Environmental
- None
- Yes
Property Features
Building Type:
Commercial; Industrial; Office; Manufacturing; Distribution/Warehouse; Other (See Remarks)
Business Type:
Mixed; Professional/Office; Warehouse; Other
Stories:
1 Story
Construction:
Block
Roofing:
Built-Up
Floors:
Vinyl; Ceramic Tile
Ceiling Height:
12.1 Feet to 14 Feet; 14.1 Feet to 16 Feet
Heating:
Heat Pump; Office Heated; 2 or More Units
Cooling:
Central Air; Warehouse A/C
Loading Facilities:
Grade Level; Drive-in Door(s)
Interior Features:
Finished; Fire Sprinklers; Smoke Detector(s); Security System; Security Camera(s); Alarm System; Private Restrooms
Exterior:
Corner Lot; Dual Street Ftg; Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Monument Sign; Security Light(s)
Fencing:
Block
Building Features:
Conference Room; Clean Room; Kitchen
Parking Features:
Parking Lot; Private; Paved
Electric:
SRP; Over 220 Amp
Gas:
City Gas
Water Source:
City Franchise
Sewer:
Sewer - Public
New Financing:
Cash to Loan
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
Source of Fincl Data:
Owner
Existing 1st Loan:
Treat as Free&Clear
Road Surface Type:
Asphalt
Environmental:
None
Documents
Unbranded Floorplan ›
Listing Office:
HomeSmart Realty
Last Updated: March - 22 - 2025
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