Multi-Office
1858 E Southern Ave, Tempe, AZ 85282
For Sale
Contact for pricing
The layout combines enclosed offices, shared work area, meeting space, and staff amenities.
Property Size4,056 SF
Price / SF$0.94
Days on Market8
Property Features for 1858 E Southern Ave
General Information
Standard status
Size
Additional Details
Highway Access
Building Details
Year Built
Listing Agency:
DA FA Realty & Investments
Listed By:
Shen-Yi Chang · License AZ BR557057000
(480) 234-2134
Source:
Anthony.viewalltucsonhomes
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 7:01AM
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 DA FA Realty & Investments
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Investment Insights
Based on property information with market context.
Suite 102 is on the south side of the building, with a layout of 6 private offices, a conference room, and a bullpen area. The suite also includes 2 ADA-compliant restrooms and a break room. Furnished options are available, and access is provided 24/7.
The property is just off Loop 101 and U.S. 60. The existing configuration accommodates professional or medical business use.
The property is just off Loop 101 and U.S. 60. The existing configuration accommodates professional or medical business use.
Key Highlights
- Six private offices, a conference room, and a bullpen
- Two ADA‑compliant restrooms and a break room
- 24/7 access; furnished options available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,499
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,449,980
$1.4M
Cap Rate 7%
$1,035,700
$1.0M
Cap Rate 9%
$805,544
$805.5K
Market Conditions
NOI Build-Up for 4,056 SF
Gross rent
$123.1K $30.36/SF
− Vacancy
−$26.5K −$6.53/SF
EGI
$96.7K $23.83/SF
− OpEx
−$24.2K −$5.96/SF
NOI
$72.5K $17.87/SF
Area
Tempe, AZ
Vacancy
21.50%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,449,980
Cap Rate 7%
$1,035,700
Cap Rate 9%
$805,544
Alternative Uses
Best Use
Office B
$1.04M
$906.2K – $1.21M
NOI $72,499 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,282 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,142
Businesses Nearby
Explore this area
Business Placement
Demographics for 85282, AZ
52,351
Population
25,667
Households
2
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
11.1 sq mi
ZIP Area
4,716
Density / Sq Mi
$79,084
Median Household Income
$43,863
Median Earnings
$1,627
Median Rent
$370,000
Median Home Value
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Market
Properties on Market for Office Units in Tempe
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The layout combines enclosed offices, shared work area, meeting space, and staff amenities.
Where is this office unit located?
The property is located at 1858 E Southern Ave Tempe, AZ.
What are key features of this property?
This property features: Six private offices, a conference room, and a bullpen; Two ADA‑compliant restrooms and a break room; 24/7 access; furnished options available
