$4,100,000
2640 W Medtronic Way
Tempe, AZ 85281
MLS# 6642895
Status: Closed

Front
  1 / 41  
Front Front Rear Rear Covere Parking Aerial Entrance Front Lobby Front Lobby Front Lobby Front Offices North Office North Office North Office Northeast East Office West Offices West Offices West Offices South Office Conference Room Hallway West Room West Room West Room West Room East Room East Room East Room East Room Center Room Center Room Center Room Center Room North Room North Room Clean Room Clean Room Break Room Break Room Break Room

Property 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.

Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $4,100,000
Sold Price: $4,100,000
Status: Closed
List Date: 2023-12-21
Location, Tax & Legal
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
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
General Property Description
Type of Property: Industrial Flex
Ttl Apx SqFt Bldg: 21218
# of Buildings: 1
Uncvrd Parking Spcs: 44
Lot Size Dimensions: 281' x 222' x 256' x 220'
Flood Zone: No
Volts/Amps: 400
Year Built: 1980
Zoning: GID, I-1
Legal Info
Range: 4E
Section: 20
Township: 1N
Lot Number: 28
Construction
Block: 1
Roofing
Built-Up: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Bay Info
# of Bay Doors: 2
Bay Door Height: 12
Bay Door Width: 12
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: 1
Industrial: 1
Office: 1
Manufacturing: 1
Distribution/Warehouse: 1
Other (See Remarks): 1
Business Type
Mixed: 1
Professional/Office: 1
Warehouse: 1
Other: 1
Stories
1 Story: 1
Pmt & Rate Info
Equity: 4250000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
12.1 Feet to 14 Feet: 1
14.1 Feet to 16 Feet: 1
Heating
Heat Pump: 1
Office Heated: 1
2 or More Units: 1
Cooling
Central Air: 1
Warehouse A/C: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Smoke Detector(s): 1
Security System: 1
Security Camera(s): 1
Alarm System: 1
Private Restrooms: 1
Loading Facilities
Grade Level: 1
Drive-in Door(s): 1
Road Surface Type
Asphalt: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Monument Sign: 1
Security Light(s): 1
Source of Fincl Data
Owner: 1
Fencing
Block: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Up to 1 Mile: 1
Building Features
Conference Room: 1
Clean Room: 1
Kitchen: 1
Sewer
Sewer - Public: 1
Parking Features
Parking Lot: 1
Private: 1
Paved: 1
Electric
SRP: 1
Over 220 Amp: 1
Gas
City Gas: 1
New Financing
Cash to Loan: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
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 to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: University and 52nd St.
Directions: 52nd St south to Metronic Way. West to property.
Geo Lat: 33.417935
Geo Lon: -111.977023
Status Change Info
Off Market Date: 2025-03-22
Under Contract Date: 2024-12-20
Close of Escrow Date: 2025-03-21
Sold Price: $4,100,000
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

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