1331 E Rio Salado Pkwy Tempe, AZ 85281
New office building in Tempe's Novus Innovation Corridor.
Property size:
147,495 SFLot size:
26.08 AcresProperty Features for 1331 E Rio Salado Pkwy
General Information
- Size
- 147,495 SF
- Lot size
- 26.08 Acres
Source:
Moodyscre
Listing Agent: Brian Ackerman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
New Build Trophy Office Asset
This is a new build office asset completed in September 2023, located in the North Tempe submarket. The property features three stories with flexible floorplates suitable for various tenant sizes. It is situated in a rare opportunity zone among Tempe Town Lake properties and includes significant acreage with frontage on Rio Salado Parkway. The property is located inside the Novus Innovation Corridor, a 355-acre mixed-use development that combines office, residential, retail, and hospitality options adjacent to ASU. It is across the street from South Pier, where Phase 1 construction is underway for 724 apartment units and 26,000 square feet of retail. Subsequent phases of South Pier include plans for more than 2,500 residential units, two luxury hotels, a two-acre public park, and a multi-acre entertainment district. The property offers 147,495 square feet of space.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.9599989
- Latitude
- 33.4294503
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - New office building in Tempe's Novus Innovation Corridor.
Where is this office building located?
The property is located at 1331 E Rio Salado Pkwy Tempe, AZ.
What are key features of this property?
This property features: - Below replacement cost for a new (September 2023) trophy asset; - Located in a rare opportunity zone near Tempe Town Lake; - Significant acreage with frontage on Rio Salado Parkway