621 S 48th St

621 S 48th St, Tempe, AZ

Description

The property at 621 S 48th St in Tempe, AZ, encompasses 14,400 square feet of industrial space designed for multi-tenant use. The building, constructed in 1980 and situated on a 7.1-acre lot, features flexible office and warehouse environments tailored to various business needs. The property is equipped with ample parking, though it lacks HVAC systems.

Currently, there are two available spaces for lease. Space 110 measures 1,093 square feet and includes amenities such as a reception area, four offices, a conference room, a break room, and a restroom. Spaces 113 and 114, totaling 1,787 square feet, offer a reception area, three offices, a conference room, a breakroom, a bullpen, and a restroom. Both spaces are ready for immediate occupancy and come with renewal options.

Features

HVAC

None

Lot Size

7.1 Acre

For Lease

$1.40 - $1.50/SF/MO

Year Built

1980

Date Updated

Feb 6, 2026

Parking Ratio

4.00 / 1,000 SF

Property Size

14,400 SF

Property Type

Industrial - Warehouse/Distribution

Property Tenancy

Multi-Tenant

Available Spaces

110

Flex - Office • Available Immediate

Square Footage

1,093 SF

Rate

$16.80/SF/YR

Sublease: NoLease Rate: $1.40/SF/MOLease Type: Full ServiceTotal Space: 1,093 SF

113, 114

Flex - Office • Available Immediate

Square Footage

1,787 SF

Rate

$18.00/SF/YR

Sublease: NoLease Rate: $1.50/SF/MOLease Type: Full ServiceTotal Space: 1,787 SF

Location

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