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$1,900,000

4325 S 48th Street
Tempe, AZ 85282

Commercial Sale|Sold 05/16/2025
0
Beds
0
Total Baths
9,657
SqFt
$197
/SqFt
1988
Built
Subdivision:
KNOELL GARDEN GROVES UNIT 3
County:
Maricopa
Call Now: 602-456-1224
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602-456-1224
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The Vineyard Plaza at 4325 S 48th Street is a fully occupied strip center in the thriving Tempe submarket. Tenants are paying rents averaging 22% below market, presenting strong value-add potential and future rent growth. Offered well below replacement cost at a 7% in-place cap rate, this multi-tenant center is surrounded by new developments and offers easy access to the 60, 10, and 143 Highways.

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
9,657 sqft
Lot Size 
0.92 Acres
Year Built 
1988
MLS® Number 
6851451
Status 
Sold
Property Tax 
$21,370
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.92
Cross Street 
S 48th St and E Southern Ave
Disclosures 
Other (See Remarks)None
Parking Spaces 
49
Sewer 
Public Sewer
Water Source 
Public
Zoning 
CSS
Interior Features
Cooling 
Central Air
Flooring 
Concrete
Heating 
Electric
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Exterior Features
Construction Details 
Block
Fencing 
None
Roof 
Built-Up
Community Features
Roads 
Gravel
Township 
1N
Neighborhood & Commute
Source: Walkscore
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