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Office Space in Mill Avenue
For Lease
$16.50 SF/Yr

40 West Baseline Road, Tempe, AZ 85283

Office space for rent with frontage on Mill Avenue.

Space Size1,279 SF - 3,861 SF
Days on Market280

Property Features for 40 West Baseline Road

General Information

Standard status Active
Size 1,279 SF - 3,861 SF
Property subtype Office

Spaces For Lease

at 40 West Baseline Road Contact us

Suite 105/107

Size
1,279 SF
Availability
Available
Contact us

Suite 109

Size
2,795 SF
Type
Office
Availability
Available
Contact us

Suite 120

Size
3,861 SF
Availability
Available
Contact us

Suite 210

Size
2,738 SF
Type
Office
Availability
Available
Contact us

Suite 216

Size
1,623 SF
Availability
Available
Contact us
Listing Agency: CBRE | Phoenix
Listed By: Jamie Swirtz · License #SA625844000
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 27 Last Checked: Aug 29 at 5:47AM

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

Investment Insights

Based on property information with market context.

This property offers office space within the Mill Avenue Business Park. The space measures 1940 square feet. The location provides frontage on Mill Avenue and offers convenient access to US-60, I-10, and Loop 101.

Key Highlights

  • Frontage on Mill Avenue
  • Excellent access to US‑60
  • Excellent access to I‑10

Property Analytics

Current Use

CSW Computer Simulations Charitable Organization Praveen Praveen Physician Innovative Minds Business Management Consultant Dr. Amish Purohit Pediatrician Law Office of Ronald ... Law Firm

Suggested Use

Top Pick Dental Office Food Market Bakery Pharmacy Grocery & Convenience Store Parking Lot & Garage

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
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,238
Businesses Nearby

Demographics for 85283, AZ

45,736
Population
20,620
Households
2.2
Avg Household Size
35
Median Age
44%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
5,197
Density / Sq Mi
$81,073
Median Household Income
$47,213
Median Earnings
$1,669
Median Rent
$409,800
Median Home Value

Market

Lease Benchmarks for Tempe, AZ

$18.31 /SF/Yr
Avg Asking Price
$1.17–$35.5 /SF/Yr
Price Range
20,015 SF
Avg Space Size

This space is priced 10% below the average of $18.31 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent with frontage on Mill Avenue.
Where is this office units located?
The property is located at 40 West Baseline Road Tempe, AZ.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Frontage on Mill Avenue; Excellent access to US‑60; Excellent access to I‑10
More about this property
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