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Mid-Century Modern Office Building
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2121 S Mill Ave, Tempe, AZ 85282

Multi-tenant office building with Mill Avenue frontage near ASU.

Space Size1,357 SF
Property Size16,528 SF
Days on Market2118

Property Features for 2121 S Mill Ave

General Information

Standard status Active
Size 1,357 SF
Class B
Total Parking Spaces 86
Property subtype Office

Building Details

Building Size 16,528 SF
Year Built 1968
Tenancy Multiple

Spaces For Lease

at 2121 S Mill Ave Contact us

204

Size
1,357 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Civic Asset Management Inc
Listed By: Tom Kuffler · License #BR104779000
Source: Crexi
Added: Nov 2, 2020 Changed: Aug 11 Last Checked: Aug 20 at 12:21AM

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 Civic Asset Management Inc

Investment Insights

Based on property information with market context.

2121onMill is a multi-tenant office building with Mill Avenue frontage, designed in the Mid-century Modern style by architect Thomas Montgomery. Located south of ASU and Downtown Tempe, the property benefits from a thriving live, work, and play environment. The building features decorative masonry and a podium-style construction, offering both surface and covered parking. Recent upgrades include exterior landscaping, new signage, new common area flooring, an AC upgrade, and a new gated courtyard. The property offers a mix of small and moderate-sized suites, many with ensuite bathrooms, suitable for the professional services industry. The location provides convenient access to major metropolitan Phoenix freeway systems, including Highway 60, Interstate 10, and Highway 101. Phoenix’s Sky Harbor Airport is located 3 miles to the west, approximately a 5-minute commute via Hohokam Expressway (SR-143).

Key Highlights

  • Prime Mill Avenue frontage location, south of ASU and Downtown Tempe, in a thriving live/work/play environment.
  • Mid‑century Modern office building designed by acclaimed architect Thomas Montgomery.
  • Extensive upgrades including landscaping, signage, common area flooring, AC, and gated courtyard.

Property Analytics

Current Use

valor 4 vet Veterinary Clinic CCR Transport Trucking Company Nikao Performance and Rehab ... Physician Taylored Counseling Substance ... Counselor Right Path Counselor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Butcher Restaurant Pet Grooming Service Bed & Breakfast

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

Location Intelligence

Trade Area within ½ mile

1,108
Businesses Nearby

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

Market

Lease Benchmarks for Tempe, AZ

$19.67 /SF/Yr
Avg Asking Price
$1.17–$45 /SF/Yr
Price Range
52,191 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office building with Mill Avenue frontage near ASU.
Where is this office building located?
The property is located at 2121 S Mill Ave Tempe, AZ.
What are key features of this property?
This property features: Prime Mill Avenue frontage location, south of ASU and Downtown Tempe, in a thriving live/work/play environment.; Mid‑century Modern office building designed by acclaimed architect Thomas Montgomery.; Extensive upgrades including landscaping, signage, common area flooring, AC, and gated courtyard.
More about this property
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