Renovated Tempe Office
For Sale
Contact for pricing
1208-1232-1270 E Broadway Road, Tempe, AZ 85282
Move-in ready office suites with recent upgrades and ample parking.
Property Size29,542 SF
Price / SF$0.00
Days on Market345
Property Features for 1208-1232-1270 E Broadway Road
General Information
Standard status
Active
Size
29,542 SF
Class
B
Property subtype
Office
Lease Term
FSG
Site & Location
Neighborhood
University Estates
Building Details
Building Size
29,542 SF
Year Built
1981
Properties For Sale
at 1208-1232-1270 E Broadway Road Contact us| Name | Size | Type | Rate | Availability | |
|---|---|---|---|---|---|
| 1208 E Broadway, Suite 105 | 2,195 SF | Office Building | — | — | Contact us |
| 1208 E Broadway, Suite 106 | 2,195 SF | Office Building | — | — | Contact us |
| 1208 E Broadway, Suite 112 | 1,259 SF | Office Building | — | — | Contact us |
| 1208 E Broadway, Suite 215 | 4,631 SF | Office Building | — | — | Contact us |
| 1208 E Broadway, Suite 217 | 1,614 SF | Office Building | — | — | Contact us |
| 1232 E Broadway, Suite 120 | 10,778 SF | Office Building | — | — | Contact us |
| 1232 E Broadway, Suite 202 | 1,498 SF | Office Building | — | — | Contact us |
| 1232 E Broadway, Suite 204 | 1,165 SF | Office Building | — | — | Contact us |
| 1232 E Broadway, Suite 205 | 1,199 SF | Office Building | — | — | Contact us |
| 1232 E Broadway, Suite 218 | 1,588 SF | Office Building | — | — | Contact us |
| 1232 E Broadway, Suite 220 | 5,528 SF | Office Building | — | — | Contact us |
| 1270 E Broadway, Suite 109 | 1,495 SF | Office Building | — | — | Contact us |
| 1270 E Broadway, Suite 200 | 1,217 SF | Office Building | — | — | Contact us |
| 1270 E Broadway, Suite 215 | 918 SF | Office Building | — | — | Contact us |
Show all 14 spaces
Listing Agency:
NAI Horizon - Phoenix
Listed By:
Don Morrow · License #AZ BR016257000
(602) 639-0747
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Oct 25
Last Checked: Nov 1 at 3:57AM
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 NAI Horizon - Phoenix
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Tempe office property, located at Broadway Road & Dorsey Lane, has undergone over $1.2 million in upgrades and renovations. The property features on-site property management and dedicated building maintenance personnel, ensuring quick response to tenant needs. Parking is available at a ratio of 4.8 per 1,000 square feet, with ample covered parking spaces. Monument signage is available. Tenant suites are move-in ready, featuring fresh paint and new carpet. LED lighting is installed in the tenant suites. The property contains 29,542 square feet and is suitable for office use.
Key Highlights
- Move‑in ready suites with fresh paint and new carpet.
- Recently renovated with over $1.2 million in upgrades.
- Benefit from on‑site property management and dedicated maintenance with same‑day response.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$528,047
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,560,940
$10.6M
Cap Rate 7%
$7,543,529
$7.5M
Cap Rate 9%
$5,867,189
$5.9M
Market Conditions
NOI Build-Up for 29,542 SF
Gross rent
$896.9K $30.36/SF
− Vacancy
−$192.8K −$6.53/SF
EGI
$704.1K $23.83/SF
− OpEx
−$176.0K −$5.96/SF
NOI
$528.0K $17.87/SF
Area
Tempe, AZ
Vacancy
21.50%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,560,940
Cap Rate 7%
$7,543,529
Cap Rate 9%
$5,867,189
Alternative Uses
Best Use
Office B
$7.54M
$6.60M – $8.80M
NOI $528,047 @ 7.0% cap · market cap 2,779,194.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.29M
$8.13M – $10.84M
NOI $650,291 @ 7.0% cap · market cap 3,422,584.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,168
Businesses Nearby
Explore this area
Business Placement
Demographics for 85282, AZ
52,351
Population
25,667
Households
2
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
11.1 sq mi
ZIP Area
4,716
Density / Sq Mi
$79,084
Median Household Income
$43,863
Median Earnings
$1,627
Median Rent
$370,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Move-in ready office suites with recent upgrades and ample parking.
Where is this office building located?
The property is located at 1208-1232-1270 E Broadway Road Tempe, AZ.
What are key features of this property?
This property features: Move‑in ready suites with fresh paint and new carpet.; Recently renovated with over $1.2 million in upgrades.; Benefit from on‑site property management and dedicated maintenance with same‑day response.
