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1850 W Rio Salado Pkwy, Tempe, AZ 85281

Move-in-ready office space with existing furniture and FF&E available for transfer.

Space Size38,081 SF
Days on Market1112

Property Features for 1850 W Rio Salado Pkwy

General Information

Standard status Active
Size 38,081 SF
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 1850 W Rio Salado Pkwy
1850 W Rio Salado Pkwy $19/SF/Yr
Floor 2
Size 38,081 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease Yes
• Suite 201/209: ±38,081 SF • Plug & Play • Furniture can be included, true turn key, move-in ready space • Sublease Expiration: January 2028 • Parking Ratio: 6.00/1,000 SF • All FF&E will remain and is available to be transferred to a prospective subtenant via $1.00 bill of sale.
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Listing Agency: Cushman & Wakefield | Phoenix
Listed By: Mike Beall
Source: Moodyscre
Added: Sep 29, 2023 Changed: Oct 11 Last Checked: Oct 12 at 10:31PM

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 Cushman & Wakefield | Phoenix

Investment Insights

Based on property information with market context.

Suites 201/209 comprise approximately 38,081 SF of plug-and-play office space configured for immediate occupancy. The premises are described as move-in ready, with furniture and other FF&E remaining in place and available for transfer to a prospective subtenant.

The sublease is scheduled to expire in January 2028. Parking is provided at a ratio of 6.00 spaces per 1,000 SF, supporting the large office footprint and day-to-day workplace operations.

Key Highlights

  • Suite 201/209: ±38,081 SF
  • Plug‑and‑play, move‑in‑ready office space
  • Furniture and all FF&E remain available for transfer

Property Analytics

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Current Use

Centene Corporate Office Dr. Wendy Orm Pediatrician Curative COVID-19 Test ... Medical Laboratory Dean Franke Pharmacy Lpt Liberty Property ... Real Estate Agency

Suggested Use

Top Pick Dental Office Law Firm Veterinary Clinic Daycare Center Garden Center (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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,099
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Tempe, AZ

$20.4 /SF/Yr
Avg Asking Price
$1.17–$44 /SF/Yr
Price Range
22,436 SF
Avg Space Size

This space is priced 7% below the average of $20.4 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Move-in-ready office space with existing furniture and FF&E available for transfer.
Where is this office units located?
The property is located at 1850 W Rio Salado Pkwy Tempe, AZ.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Suite 201/209: ±38,081 SF; Plug‑and‑play, move‑in‑ready office space; Furniture and all FF&E remain available for transfer
(602) 550-0120 Call to check price and availability
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