360 South Smith Road — Sale in Tempe, AZ

  • Price: $28M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Tempe, AZ 85288
  • Size: 96,407 SF

Photos

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Investment Figures

Price per square foot
$290

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Discover a prime investment opportunity in Tempe, AZ. Featuring a state-of-the-art 96,407 SF building, constructed in 2021, this property is positioned to meet the needs of discerning industrial, warehouse, or distribution investors. With its contemporary construction and ample space, this facility offers a compelling proposition for businesses seeking a modern and efficiently designed industrial space in a sought-after location. The property's strategic positioning within Tempe's burgeoning industrial landscape presents a valuable opportunity for investors looking to establish a strong presence in this dynamic market. Don't miss the chance to make a strategic investment in the heart of Tempe's industrial sector.

Market Context

This industrial in Tempe, AZ is listed for sale at $28,000,000 across 96,407 SF. Compare it against other industrial listings for sale in Tempe, AZ — view the full market.

As of Q2 2026, the Phoenix industrial market showed an 11.4% vacancy rate, average asking rents near $13.62/SF/yr, and rents up 2.8% year over year. Source: multiple brokerage reports, Q2 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

Is the Phoenix industrial market tightening or softening?
Vacancy is around 11.4%, with asking rents rising year over year (Q2 2026).

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