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Single-Story Back Office Building
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1616 W 17th St, Tempe, AZ 85281

Single-story back office building totaling 111,349 SF with 724+ parking spaces available for immediate occupancy.

Space Size111,349 SF
Days on Market1400

Property Features for 1616 W 17th St

General Information

Standard status Active
Size 111,349 SF
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 1616 W 17th St Contact us

1616 W 17th St $19.50/SF/Yr

Floor
Bldg
Size
111,349 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
Yes
• Address: 1616 W. 17th Street, Tempe, Arizona 85281 • Total Size: +111,349...
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Listing Agency: Lee & Associates | Phoenix
Listed By: Conner Lee
Source: Moodyscre
Added: Nov 8, 2022 Changed: Aug 25 Last Checked: Sep 7 at 9:13AM

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 Lee & Associates | Phoenix

Investment Insights

Based on property information with market context.

This single-story back office building offers a total size of approximately 111,349 square feet. The property was completed in 1979, with all new improvements completed in 2015. Immediate occupancy is available, with a lease expiration of 10/31/2027.

The site spans approximately 8.84 acres and includes parking at roughly 7 spaces per 1,000 square feet, totaling approximately 724 spaces.

For prospective tenants, the building’s existing office configuration and on-site parking support day-to-day operations within a dedicated back office environment.

Key Highlights

  • Single‑story back office building totaling +111,349 SF
  • +8.84 acres (385,076 SF) site at 1616 W. 17th Street, Tempe, AZ 85281
  • On‑site parking: 7/1,000 SF - +724 spaces

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Nail Salon Hair Salon (Bike/Boat/Book/etc) Store

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
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,289
Businesses Nearby

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value

Market

Lease Benchmarks for Tempe, AZ

$21.77 /SF/Yr
Avg Asking Price
$14.89–$35.5 /SF/Yr
Price Range
48,309 SF
Avg Space Size

This space is priced 10% below the average of $21.77 /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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Single-story back office building totaling 111,349 SF with 724+ parking spaces available for immediate occupancy.
Where is this office building located?
The property is located at 1616 W 17th St Tempe, AZ.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: Single‑story back office building totaling +111,349 SF; +8.84 acres (385,076 SF) site at 1616 W. 17th Street, Tempe, AZ 85281; On‑site parking: 7/1,000 SF - +724 spaces
(602) 369-2308 Call to check price and availability
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