1943 E Broadway Rd, Tempe, AZ
4,664 SF office building with frontage on Broadway Road.
- Added:
- Jun 2, 2025
- Days on Market:
- 383
- Last Refresh:
- May 19 at 10:39 pm
Property Features for 1943 E Broadway Rd
General Information
- Standard status
- Active
- Size
- 4,664 SF
- Lot size
- 0.21 Acres
- Property subtype
- OFFICE
Listing agent Joe Pequeno (602) 510-0003
Listing office CBRE | Phoenix (602) 735-5555
Listing date Jun 2, 2025
Source Moodyscre
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 CBRE | Phoenix
HighLights
- Ideal Tempe location near ASU, shopping, dining and entertainment.
- Prominent Broadway Road frontage.
- 4,664 SF office building.
- ±18,480 SF of land.
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 | $141.6k | $30.36 |
| − Vacancy | −$30.4k | −$6.53 |
| EGI | $111.2k | $23.83 |
| − OpEx | −$27.8k | −$5.96 |
| NOI | $83.4k | $17.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.902
- Latitude
- 33.4072
