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    777 South Novus Pl Tempe, AZ 85281

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    For Lease
    $45 SF/Yr

    170,000 square foot office space for lease.

    Property size:
    170,000 SF
    Lot size:
    170,000 SF

    Property Features for 777 South Novus Pl

    General Information

    Size
    170,000 SF

    Building Details

    Year built
    2020

    Source: Craig Coppola, CCIM, CRE, SIOR Agent Craig Coppola, CCIM, CRE, SIOR

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

    Overview

    Tempe Office Space Available

    Available for lease is an office space encompassing 170,000 square feet. The property is located in Tempe, Arizona.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.929
    Latitude
    33.4203

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    FAQs

    What type of property is this?
    Office building - 170,000 square foot office space for lease.
    Where is this office building located?
    The property is located at 777 South Novus Pl Tempe, AZ.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: - 170,000 square foot office space available for lease; - Built in 2020; - Office space
    (602) 694-5500
    Request Owner's contact information
    777 South Novus Pl Tempe, AZ 85281
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    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
    777 South Novus Pl Tempe, AZ 85281
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