Overview
This exceptional free-standing office building, located at 2415 S Rural Road, Unit 1 & 2, Tempe, AZ, presents a compelling investment opportunity. Priced at $1,100,000, the property boasts approximately 2,800 square feet of building space situated on a 0.37-acre lot (approximately 15,734 square feet). The building features prominent frontage and monument signage on Rural Road, ensuring high visibility. The property comprises two income-generating suites. Suite 1, approximately 1,350 square feet, has been renovated and includes a reception area, three private offices, and an open bullpen workspace. Suite 2, approximately 1,450 square feet, offers a reception area, three private offices, an open office area, and valuable basement/storage space. A fully gated parking area provides ample parking, with approximately 7.86 spaces per 1,000 square feet. Recent improvements include a roof recoating in August 2024, complete with a transferable warranty, and the installation of two air conditioning units in 2021 and 2023. Conveniently located approximately 15 minutes from Arizona State University, Downtown Tempe, Interstate 202, and Loop 101, this property benefits from excellent accessibility and proximity to key amenities. Built in 1972, the property is zoned R-O. This is a rare opportunity to acquire a well-maintained, income-producing office building in a prime Tempe location.
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