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Office Space in ASU Research Park
For Lease
$18 SF/Yr

8700 South Price Road, Tempe, AZ 85284

Two-story office building located in ASU Research Park.

Space Size4,330 SF - 8,643 SF
Days on Market292

Property Features for 8700 South Price Road

General Information

Standard status Active
Size 4,330 SF - 8,643 SF
Property subtype Office

Spaces For Lease

at 8700 South Price Road Contact us

1st Floor - ±4,330 SF

Size
4,330 SF
Availability
Available
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1st Floor - ±5,018 SF

Size
5,018 SF
Availability
Available
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1st Floor - ±5,076 SF

Size
5,067 SF
Availability
Available
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1st Floor - ±5,423 SF

Size
5,423 SF
Availability
Available
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1st Floor - ±6,197 SF

Size
6,197 SF
Availability
Available
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1st Floor - ±7,361 SF

Size
7,361 SF
Availability
Available
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1st Floor - ±7,386 SF

Size
7,386 SF
Availability
Available
Contact us

1st Floor - ±8,643 SF

Size
8,643 SF
Availability
Available
Contact us
Listing Agency: CBRE | Corporate
Listed By: Charles Miscio
Source: Cbre
Added: Nov 22, 2025 Changed: Sep 5 Last Checked: Sep 10 at 6:23AM

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 CBRE | Corporate

Investment Insights

Based on property information with market context.

This two-story office building offers options for single-use or multi-tenant layouts. It is situated within the ASU Research Park.

Key Highlights

  • Located within ASU Research Park
  • Two‑story building
  • Single‑use availability

Property Analytics

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Open Analytics

Current Use

Tech Data Computer Hardware Manufacturer ChargePoint Charging Station Electric Vehicle Charging Station

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Law Firm Hair Salon

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

593
Businesses Nearby

Demographics for 85284, AZ

18,638
Population
7,589
Households
2.5
Avg Household Size
45
Median Age
69%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
2,389
Density / Sq Mi
$154,663
Median Household Income
$64,288
Median Earnings
$2,162
Median Rent
$646,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Tempe, AZ

$21.77 /SF/Yr
Avg Asking Price
$14.89–$35.5 /SF/Yr
Price Range
48,309 SF
Avg Space Size

This space is priced 17% below the average of $21.77 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building located in ASU Research Park.
Where is this office building located?
The property is located at 8700 South Price Road Tempe, AZ.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Located within ASU Research Park; Two‑story building; Single‑use availability
More about this property
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