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Office Units Near Light Rail
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1050 W Washington St, Tempe, AZ 85281

Office space offers direct transit access, freeway connectivity, and proximity to Tempe Town Lake.

Property Size3,643 SF
Days on Market87

Property Features for 1050 W Washington St

General Information

Standard status Active
Size 3,643 SF
Property subtype OFFICE

Site & Location

Highway Access Yes
Public Transit Yes
Listing Agency: Newmark | Phoenix
Listed By: Patrick Devine
Source: Moodyscre
Added: May 7 Changed: Jul 31 Last Checked: Aug 1 at 6:09AM

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.

This 3,643-square-foot office property is available for rent within Papago Park Center in Tempe. The property is positioned near a full-diamond interchange at Priest and Loop 202 Freeway and adjacent to a light rail stop, providing connections through the Metro Light Rail system.

The location connects to Sky Harbor Airport via Metro Light Rail and sits across Tempe Town Lake from Arizona State University. The property is located at 1050 W Washington St, Tempe, AZ 85281, within the Papago Park Center campus.

Key Highlights

  • 3,643 square feet of office space
  • Adjacent to a light rail stop
  • Full‑diamond interchange at Priest and Loop 202 Freeway

Property Analytics

Current Use

Tiempo Development Tech Support Center Chamberlain Enterprises Property Management Company Barton Associates | Locum ... Employment Agency Subto Fund Real Estate Agency Parsons Corporation Engineering Consultant

Suggested Use

Top Pick Dental Office Auto Repair Shop Storage Facility Electrical Service Auto Parts Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

875
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space offers direct transit access, freeway connectivity, and proximity to Tempe Town Lake.
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: 3,643 square feet of office space; Adjacent to a light rail stop; Full‑diamond interchange at Priest and Loop 202 Freeway
(602) 952-3825 Call to check price and availability
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