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    1255 W Rio Salado Pkwy Tempe, AZ 85281

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    For Lease
    $24 SF/Yr ($11,446 /Mo)

    Modern tech office space near Tempe Town Lake.

    Property size:
    5,723 SF
    Lot size:
    0.12 Acres

    Property Features for 1255 W Rio Salado Pkwy

    General Information

    Size
    5,723 SF
    Lot size
    0.12 Acres

    Source: JLL | Phoenix Agent Mark Gustin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tempe Office Space for Rent

    This office space is located near the Tempe Center for the Arts and offers convenient access to Loops 202 and 101. It is situated approximately 1.4 miles from Phoenix Sky Harbor International Airport. The property overlooks the Rio Salado area and Tempe Town Lake. Several hotels are located nearby, including The Buttes, Mission Palms, Fiesta Inn, and Aloft Tempe. The location is near the Valley Metro Light Rail, Mill Avenue District, Downtown Tempe, ASU, and Tempe Marketplace. Fiber internet service is provided by Cox Communications. The property offers 5723 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Albert Bednar Physical Therapist HonorHealth Outpatient Therapy ... Medical Clinic Jana Kray Physical Therapist Matthew Wingate Orthopedic Surgeon Bryce Hilmo, PA-C Physician Assistant

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.956875
    Latitude
    33.4301254

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    FAQs

    What type of property is this?
    Office space - Modern tech office space near Tempe Town Lake.
    Where is this office space located?
    The property is located at 1255 W Rio Salado Pkwy Tempe, AZ.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Overlooks the scenic Rio Salado area and Tempe Town Lake; - Convenient access to Loops 202 & 101; - Just 1.4 miles from Phoenix Sky Harbor International Airport
    (602) 282-6300
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    1255 W Rio Salado Pkwy Tempe, AZ 85281
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1255 W Rio Salado Pkwy Tempe, AZ 85281
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