Office Units Near Light
For Lease
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1050 W Washington St, Tempe, AZ 85281
Office units with access to a nearby light rail stop and convenient regional transportation connections.
Property Size5,696 SF
Days on Market87
Property Features for 1050 W Washington St
General Information
Standard status
Active
Size
5,696 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Public Transit
Yes
Listing Agency:
Newmark | Phoenix
(602) 952-3825
Listed By:
Patrick Devine
(602) 697-2001
Source:
Moodyscre
Added: May 7
Changed: Jul 29
Last Checked: Aug 1 at 10:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Phoenix
Investment Insights
Based on property information with market context.
Office units at 1050 W Washington St in Tempe, AZ, totaling 5,696 SF. The property is positioned within the Papago Park Center.
Regional access is a key feature, with a full-diamond interchange at Priest and the Loop 202 Freeway. A light rail stop is adjacent, and the Metro Light Rail provides a connection to Sky Harbor Airport. The site is also located across Tempe Town Lake from Arizona State University.
This setup supports tenants who value transit connectivity and strong day-to-day access in a well-known business center setting.
Regional access is a key feature, with a full-diamond interchange at Priest and the Loop 202 Freeway. A light rail stop is adjacent, and the Metro Light Rail provides a connection to Sky Harbor Airport. The site is also located across Tempe Town Lake from Arizona State University.
This setup supports tenants who value transit connectivity and strong day-to-day access in a well-known business center setting.
Key Highlights
- 5,696 SF office units in Papago Park Center
- Adjacent to a light rail stop
- Full‑diamond interchange at Priest and Loop 202 Freeway
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
Explore this area
Business Placement
Demographics for 85281, AZ
69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value
Market
Lease Benchmarks for Tempe, AZ
$17.97 /SF/Yr
Avg Asking Price
$1.17–$34.5 /SF/Yr
Price Range
25,189 SF
Avg Space Size
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office units with access to a nearby light rail stop and convenient regional transportation connections.
Where is this office units located?
The property is located at 1050 W Washington St Tempe, AZ.
What are key features of this property?
This property features: 5,696 SF office units in Papago Park Center; Adjacent to a light rail stop; Full‑diamond interchange at Priest and Loop 202 Freeway