7305 S KYRENE Road, Tempe, AZ 85283 (MLS# 6797092)

7305 S KYRENE Road, Tempe, AZ 85283

$3,500,000

Property Type: Comm/Industry Sale Square Footage: 12,200 Lot Size (sq. ft.): 57,499 Status: Closed

Current Price: $3,500,000 List Date: 1/27/2026 Last Modified: 1/30/2026

Overview

Description

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.

Listing Details MLS# 6797092

Location, Tax & Legal

House Number: 7305
Compass: S
Street Name: KYRENE
St Suffix: Road
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85283
Zip4: 4608
Country: US
County Code: Maricopa
Assessor Number: 301-47-015-H
Tax Year: 2024

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 12200
# of Buildings: Yes
Year Built: 2000
Uncvrd Parking Spcs: 60
Zoning: I-1

Remarks Misc

Cross Street: W Elliot Rd & S Kyrene Rd

Status Change Info

Off Market Date: 2026-01-27
Under Contract Date: 2025-10-17
Close of Escrow Date: 2026-01-29

Legal Info

Township: 1S
Range: 4E
Section: 10
Lot Number: n/a

More Information

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Building Type: Commercial; Industrial Business Type: Dental; Mixed; Service Business; Medical; Retail Stories: 1 Story Construction: Block Roofing: Foam Floors: Concrete; Vinyl Ceiling Height: 16.1 Feet to 28 Feet Heating: Other Cooling: Central Air Loading Facilities: Other (See Remarks) Interior Features: Finished; Security System; Security Camera(s); Private Restrooms Fencing: Block Parking Features: Fenced Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: 1031 Exchange Lockbox Type: None Source of Fincl Data: Other (See Remarks) Traffic Count: 100,001 to 120,000 Environmental: None

Listing Office: Apex Residential

Last Updated: January - 30 - 2026

7305 S KYRENE Road, Tempe, AZ 85283 (MLS# 6797092)