7305 S KYRENE Road, Tempe, AZ 85283

$3,500,000
Property Type: Comm/Industry Sale Square Footage: 12,200 Lot Size (sq. ft.): 57,499 Status: Closed
Current Price: $3,500,000 List Date: 1/27/2026 Last Modified: 1/30/2026

Overview

Description

Discover an exceptional add-value and owner-user opportunity at 7305 S Kyrene Road in Tempe. This 12,220 SF property, situated on 1.32 acres, is zoned I-1 (Light Industrial), offering flexible space ideal for light industrial and office purposes. Built-in 2000 as a retail strip center, the property previously housed notable tenants like FedEx, office users, and a Pilates studio. It is currently being occupied as a boxing gym. This versatile asset provides eligibility for all l-1 uses, including permits allowing medical clinics. Additionally, the property is eligible for permits for retail and various special use permits, making it a prime opportunity for repositioning or redevelopment.

Listing Details MLS# 6797092

Location, Tax & Legal

House Number
7305
Compass
S
Street Name
KYRENE
St Suffix
Road
City/Town Code
Tempe
State/Province
AZ
Zip Code
85283
Zip4
4608
Country
US
County Code
Maricopa
Assessor Number
301-47-015-H
Tax Year
2024

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
12200
# of Buildings
Yes
Year Built
2000
Uncvrd Parking Spcs
60
Zoning
I-1

Remarks Misc

Cross Street
W Elliot Rd & S Kyrene Rd

Status Change Info

Off Market Date
2026-01-27
Under Contract Date
2025-10-17
Close of Escrow Date
2026-01-29

Legal Info

Township
1S
Range
4E
Section
10
Lot Number
n/a

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Other
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Building Type: Commercial; Industrial Business Type: Dental; Mixed; Service Business; Medical; Retail Stories: 1 Story Construction: Block Roofing: Foam Floors: Concrete; Vinyl Ceiling Height: 16.1 Feet to 28 Feet Heating: Other Cooling: Central Air Loading Facilities: Other (See Remarks) Interior Features: Finished; Security System; Security Camera(s); Private Restrooms Fencing: Block Parking Features: Fenced Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: 1031 Exchange Lockbox Type: None Source of Fincl Data: Other (See Remarks) Traffic Count: 100,001 to 120,000 Environmental: None
IDX
Listing Office: Apex Residential
Last Updated: January - 30 - 2026
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