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Multi-Tenant Professional Office Building
For Sale
Contact for pricing
Pending

1553 W Todd Dr, Tempe, AZ 85283

Multi-tenant professional office building offered for sale, currently 81.7% occupied, with numerous on-site amenities.

Days on Market111

Property Features for 1553 W Todd Dr

General Information

Standard status Pending
Property subtype Office
Occupancy 82%

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Commercial Properties Inc Tempe
Listed By: Leroy Breinholt Team · License #AZ BR008760000
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 30 at 7:18AM

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 Commercial Properties Inc Tempe

Investment Insights

Based on property information with market context.

Grove Parkway Court is a multi-tenant, professional office building currently 81.7% occupied. The property is offered as a professional office asset with numerous amenities that existing tenants reportedly value.

Located at 1553 W Todd Dr in Tempe, Arizona, the building provides convenient access to Interstate 10, US 60, and Loop 202. Sky Harbor International Airport is approximately 13 minutes away, supporting connectivity for commuting and business travel.

The offering presents an opportunity to acquire an income-generating office building in a well-known Tempe submarket associated with technology and finance, with Arizona State University and Tempe Town Lake in the surrounding area.

Key Highlights

  • Multi‑tenant professional office building at 1553 W Todd Dr in Tempe, AZ
  • Currently 81.7% occupied
  • Convenient access to I‑10, US‑60, and Loop 202 freeways

Property Analytics

Current Use

Bay Equity Home ... Loan Service Western Arizona District ... Social Service Agency Dr. Sarah Stone, ... Alternative Medicine Practice Dr. Scott Maymon, ... Alternative Medicine Practice Pure Care Clinic, ... Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Restaurant Garden Center Nail Salon Grocery & Convenience Store Storage Facility

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

81.7%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,246
Businesses Nearby

Demographics for 85283, AZ

45,736
Population
20,620
Households
2.2
Avg Household Size
35
Median Age
44%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
5,197
Density / Sq Mi
$81,073
Median Household Income
$47,213
Median Earnings
$1,669
Median Rent
$409,800
Median Home Value

Market

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 building - Multi-tenant professional office building offered for sale, currently 81.7% occupied, with numerous on-site amenities.
Where is this office building located?
The property is located at 1553 W Todd Dr Tempe, AZ.
What are key features of this property?
This property features: Multi‑tenant professional office building at 1553 W Todd Dr in Tempe, AZ; Currently 81.7% occupied; Convenient access to I‑10, US‑60, and Loop 202 freeways
(480) 214-1105 Call to check price and availability
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