1705-1725 W Ruby Dr, Tempe, AZ
12,000 SF condo suite featuring office, showroom, and warehouse.
- Added:
- Jun 17, 2025
- Days on Market:
- 359
- Last Refresh:
- May 20 at 8:42 pm
Property Features for 1705-1725 W Ruby Dr
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 2.14 Acres
- Property subtype
- RETAIL
Properties For Sale
at 1705-1725 W Ruby Dr Contact usListing agent Rick Robertson
Listing office Lee & Associates | Phoenix (602) 956-7777
Listing date Jun 17, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Phoenix
HighLights
- 12,000 SF Condo Suite with 10,000 SF Office Showroom and 2,000 SF Warehouse space.
- Ample Parking: 48 Car Parking spaces available.
- Convenient Loading: Features 2 Roll Up Truck Doors and a Community Truckwell.
- High Ceiling: 18’ Clear Height suitable for various uses.
- Strategic Zoning: RCC Zoning in the City of Tempe.
- Attractive Landscaping
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $364.3k | $30.36 |
| − Vacancy | −$78.3k | −$6.53 |
| EGI | $286.0k | $23.83 |
| − OpEx | −$71.5k | −$5.96 |
| NOI | $214.5k | $17.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.967
- Latitude
- 33.3389