(Disclosure: Rose Law Group represents Nick Miner.)
By Real Estate Daily News
Nick Miner, CCIM, and JT Taylor of ORION Investment Real Estate announce the sale of a ±7,676-square-foot industrial building located in Tempe’s highly sought-after Smith Innovation Hub Industrial Park—the property sold for $1,300,000, or approximately $165 per square foot.
This owner/user sale presented several challenges, the most significant being the condition of the property—it was delivered as a complete shell.
Situated on ±0.44 acres (±19,166 SF), the building highlights the continued demand for quality industrial space within Tempe’s thriving business ecosystem. Originally constructed in 1964 and shelled/cleaned in 2023, the property features 12-foot clear height, four 10’ x 10’ roll-up doors, and planned 800 AMP power service. Zoned GID within the City of Tempe, the site allows flexibility for a range of industrial or light manufacturing uses, with outside storage adding further operational value.
