Tempe Freestanding Office Building For Sale

Highlights:

• Freestanding Office Building
• Approximately 10,002 SF
• Sits on Large 1.69 Acre Lot
• For Sale: $1,950,000.00 ($195 PSF)
• Located within Arizona State University Research Park
• Ground lease in place with Price-Elliot Research Park Inc.
• Term through December 31, 2101 at $7,998.69 per month
• SWC Elliot Rd & Loop 101, Tempe
• Central Southeast Valley Location
• Easy Access to Loop 101, US 60, and Loop 202 SanTan Freeway

Description:

This property is an approximately 10,002 SF Freestanding Building located in Arizona State University Research Park in Tempe, Arizona. The building is currently used as a professional office and the build-out includes a large open area with workstations, private offices, restrooms, a work area, reception area, and multiple conference/meeting rooms. The property was built in 2000 and sits on a large 1.69 acre lot with plentiful parking and an outdoor area. There is a ground lease in place with Price-Elliot Research Park, Inc. through December 31, 2101 at the cost of $7,998.69 per month. The site is centrally located in the southeast valley and is adjacent to the Loop 101 and close proximity to both the US 60 and Loop 202 SanTan Freeway which makes for quick and easy access to the rest of the valley, including downtown Phoenix and Sky Harbor Airport. The property offers retail and business amenities as well as frontage along busy Elliot Rd, which sees a traffic count of over 30,000 vehicles per day.

This approximately 10,002 SF freestanding office building is located in the Tempe/Ahwatukee submarket of Phoenix, Arizona and is on Elliot Rd just east of the Loop 101. Located within the Arizona State University Research Park, this property is in close proximity to many business and retail amenities and is just off the Loop 101.

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