Tempe Office Building For
1943 E Broadway Rd Tempe, AZ
1943 E Broadway Rd, Tempe, AZ, 00000
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For Sale
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4,664 SF office building with frontage on Broadway Road.
Property Size4,664 SF
Lot Size0.21 Acres
Price / SF$257.29
Days on Market238
Property Features for 1943 E Broadway Rd
General Information
- Standard status
- Active
- Size
- 4,664 SF
- Lot size
- 0.21 Acres
Listing agency
Cushman & Wakefield | Phoenix
(602) 229-5912
Listed by
Jerry Noble · License #SA625844000
Source
Moodyscre
Added: Nov 25, 2025 Updated: Jul 10 at 11:55AM Checked: Jul 21 at 4:05AM
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.
This is a 4,664 square foot office building situated on approximately 18,480 square feet of land. The property features frontage on Broadway Road. It is located in Tempe, in proximity to Arizona State University, shopping centers, dining, and entertainment venues.
Key Highlights
- Ideal Tempe location near ASU, shopping, dining and entertainment.
- Prominent Broadway Road frontage.
- 4,664 SF office building.
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 |
4,664 SF · lease $30.36/SF/yr · vacancy 21.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.39M
NOI $83,366 @ 7.0% cap · market cap 6.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,666 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - 4,664 SF office building with frontage on Broadway Road.
Where is this office building located?
The property is located at 1943 E Broadway Rd Tempe, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Ideal Tempe location near ASU, shopping, dining and entertainment.; Prominent Broadway Road frontage.; 4,664 SF office building.
