Fiesta Center | 7305 S Kyrene Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Fiesta Center 7305 S Kyrene Rd
12,220 SF Retail Building Tempe, AZ 85283 For Sale
Investment Highlights
- Former retail strip center built in 2000 that is 12,220 SF on 1.32 acres with a 4.7:1 parking ratio (60 spaces) with office space upstairs.
- Features prominent pylon signage on one of Tempe's busiest corridors - Proximity to Fortune 500 companies and Tempe’s industrial and business hubs.
- Permitted for additional uses, including medical clinics, and is eligible for a retail permit, expanding its versatility.
- Masonry structure with two bay doors, HVAC, and fire sprinklers.
- Immediate access to I-10 and 101 freeways, 15 minutes from Phoenix Sky Harbor Airport
Executive Summary
Property Overview:
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. The property features masonry construction, two bay doors, pylon signage, HVAC, fire sprinklers, and 60 parking spaces (4.7:1 land-to-building ratio), ensuring it meets the needs of a variety of tenants. Strategic accessibility to I-10 and 101 freeways, combined with proximity to Phoenix Sky Harbor Airport and Tempe’s growing employment hubs, positions this property as a standout opportunity in a high-demand submarket.
Key Features and Zoning Information:
Zoning (I-1 Light Industrial): Allows for light industrial and office uses by right. The property is also eligible for additional uses, including medical clinics, retail spaces, and other uses requiring special permits, such as research and development facilities, warehouses, and certain commercial activities.
Building Specifications: 12,220 SF structure with premium amenities such as HVAC, fire sprinklers, and ample parking.
Location: Located along one of Tempe’s busiest commercial corridors, offering immediate access to major highways and nearby Fortune 500 companies.
Vacancy: Delivered vacant, offering investors and owner-users the flexibility to reposition the property for maximum ROI.
Submarket Overview:
The Chandler Submarket is one of the fastest-growing in the Phoenix metro area, with a population exceeding 1 million residents within a 10-mile radius and a median household income of over $108,000. The submarket boasts low vacancy rates (6%), strong rental growth (7.3%), and a $4.8 billion buying power within a 10-minute drive, underscoring the robust demand for well-located assets. Employment in the area is bolstered by 78,000 nearby workers, with 52% of residents holding college degrees, making it a prime destination for high-value tenants.
This property presents a rare investment opportunity, offering flexibility and significant potential for future value enhancement. Whether utilized for industrial, office, or other permitted uses, 7305 S Kyrene Road is poised to deliver substantial returns for savvy investors and owner-users alike.
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. The property features masonry construction, two bay doors, pylon signage, HVAC, fire sprinklers, and 60 parking spaces (4.7:1 land-to-building ratio), ensuring it meets the needs of a variety of tenants. Strategic accessibility to I-10 and 101 freeways, combined with proximity to Phoenix Sky Harbor Airport and Tempe’s growing employment hubs, positions this property as a standout opportunity in a high-demand submarket.
Key Features and Zoning Information:
Zoning (I-1 Light Industrial): Allows for light industrial and office uses by right. The property is also eligible for additional uses, including medical clinics, retail spaces, and other uses requiring special permits, such as research and development facilities, warehouses, and certain commercial activities.
Building Specifications: 12,220 SF structure with premium amenities such as HVAC, fire sprinklers, and ample parking.
Location: Located along one of Tempe’s busiest commercial corridors, offering immediate access to major highways and nearby Fortune 500 companies.
Vacancy: Delivered vacant, offering investors and owner-users the flexibility to reposition the property for maximum ROI.
Submarket Overview:
The Chandler Submarket is one of the fastest-growing in the Phoenix metro area, with a population exceeding 1 million residents within a 10-mile radius and a median household income of over $108,000. The submarket boasts low vacancy rates (6%), strong rental growth (7.3%), and a $4.8 billion buying power within a 10-minute drive, underscoring the robust demand for well-located assets. Employment in the area is bolstered by 78,000 nearby workers, with 52% of residents holding college degrees, making it a prime destination for high-value tenants.
This property presents a rare investment opportunity, offering flexibility and significant potential for future value enhancement. Whether utilized for industrial, office, or other permitted uses, 7305 S Kyrene Road is poised to deliver substantial returns for savvy investors and owner-users alike.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
12,220 SF
Building Class
B
Year Built
2000
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Lot Size
1.32 AC
Zoning
I-1 - I-1 zoned, allowing light industrial, offices, and has a permit for medical clinic use, enhancing its versatility.
Parking
60 Spaces (4.91 Spaces per 1,000 SF Leased)
Frontage
133 ft on Kyrene Rd
Amenities
- Pylon Sign
- Signage
- Drive Thru
- Storage Space
- Air Conditioning
- Smoke Detector
Bike Score ®
Very Bikeable (73)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 301-47-015H | Improvements Assessment | £0 (2025) |
| Land Assessment | £0 (2025) | Total Assessment | £173,524 (2025) |
PROPERTY TAXES
Parcel Number
301-47-015H
Land Assessment
£0 (2025)
Improvements Assessment
£0 (2025)
Total Assessment
£173,524 (2025)
1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Fiesta Center | 7305 S Kyrene Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.