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Tempe Office Space Available
For Lease
$29 SF/Yr

303 West Elliot Road, Tempe, AZ 85284

Office space available for lease in Tempe, Arizona.

Space Size23,523 SF
Days on Market196

Property Features for 303 West Elliot Road

General Information

Standard status Active
Size 23,523 SF
Property subtype Office

Spaces For Lease

at 303 West Elliot Road
119 Available
Size 23,523 SF
Type Office
Contact us
Listing Agency: CBRE | Phoenix
Listed By: Mark Gustin
Source: Cbre
Added: Mar 25 Changed: Oct 5 Last Checked: Oct 5 at 3:31PM

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 CBRE | Phoenix

Investment Insights

Based on property information with market context.

This commercial real estate property, suitable for office use, offers 23,523 square feet of space. Located on West Elliot Road in Tempe, Arizona, the property is available for rent.

Key Highlights

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

Property Analytics

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Open Analytics

Current Use

Veeam Software (Bike/Boat/Book/etc) Store Qualcomm Technology Inc Industrial Manufacturer

Suggested Use

Top Pick Bakery Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Garden Center Daycare Center Parking Lot & Garage

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
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Tempe, AZ

$20.72 /SF/Yr
Avg Asking Price
$1.17–$44 /SF/Yr
Price Range
27,382 SF
Avg Space Size

This space is priced 40% above the average of $20.72 /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
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Frequently Asked Questions

What type of property is this?
Office space - Office space available for lease in Tempe, Arizona.
Where is this office space located?
The property is located at 303 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
More about this property
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