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
Country
US
County Code
Maricopa
Subdivision
HOHOKAM INDUSTRIAL PARK
Assessor Number
124-56-039-A
Tax Year
2023

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

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 $/%
$

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
IDX
Listing Office: HomeSmart Realty
Last Updated: March - 22 - 2025
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.