Listing Agency: CBRE | Phoenix m***@cbre.com Show Phone

Listed By: Mark Gustin Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 9 Last Checked: Aug 20 at 11:55AM

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Investment Insights

Based on property information with market context.

Available for lease is an office space encompassing 9,772 square feet. The property is located in Tempe, Arizona.

Key Highlights

• Office space available for lease
• Located in Tempe, Arizona

Property Analytics

Property Profile

Current Use

Institute for Supply Management Charitable Organization CAPS Research Charitable Organization Univar Solutions Distribution Center CGI Business Management Consultant Aurelus Edna Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Garden Center Parking Lot & Garage Grocery & Convenience Store Daycare Center

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

$4.35 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

771

Businesses Nearby

Explore this area Business Placement

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

Market

Lease Benchmarks for Tempe, AZ

$20.3 /SF/Yr

Avg Asking Price

$1.17–$35.5 /SF/Yr

Price Range

19,416 SF

Avg Space Size

This space is priced 43% above the average of $20.3 /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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space available for lease in Tempe, Arizona.

Where is this office units located?

The property is located at 309 West Elliot Road Tempe, AZ.

What is the lease rate?

The lease rate is $29 SF/Yr.

What are key features of this property?

This property features: Office space available for lease; Located in Tempe, Arizona