This investment offering presents two adjacent industrial condominiums totaling approximately 10,600 SF located in the heart of Tempe, Arizona. Positioned just five minutes from I-10 and Loop 202, the property ensures excellent connectivity for logistics and distribution operations. Both units are fully leased. Recent capital improvements—including a new roof and updated HVAC—enhance operational efficiency and reduce future maintenance risk. Offered below replacement cost in a land-constrained submarket, this property delivers strong potential for cash flow and value appreciation. Combined with truck well and grade-level loading capabilities, this opportunity aligns well with investor goals for functionality, durability, and income security.