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Next-Generation Creative Office Building
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433 South Farmer Avenue, Tempe, AZ 85281

Sustainable, modern office space with advanced amenities and natural light.

Space Size36,091 SF - 42,687 SF
Days on Market136

Property Features for 433 South Farmer Avenue

General Information

Standard status Active
Size 36,091 SF - 42,687 SF
Property subtype Office

Spaces For Lease

at 433 South Farmer Avenue Contact us

2nd Floor

Size
36,091 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Third Floor

Size
42,687 SF
Type
Creative/Loft
Term
Negotiable
Contact us
Listing Agency:
Listed By: Brett Abramson
Source: Nmrk
Added: Apr 8 Changed: Aug 8 Last Checked: Aug 21 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 Brett Abramson

Investment Insights

Based on property information with market context.

The Beam is a next-generation creative office building that combines sustainability, wellness, and modern design. Constructed with cross-laminated timber (CLT), the building offers a warm, natural aesthetic while supporting LEED Silver and WELL certification standards. Arizona's first and only Cross-Laminated Timber (CLT) office building. Large, expansive window lines and 13.5’–15.5’ exposed ceilings flood the interiors with natural light, creating an inspiring and highly functional work environment. The property has flexible floor plates ideal for creative and modern office users. An advanced underfloor air distribution (UFAD) system enhances comfort, efficiency, and tenant control, positioning The Beam as one of the most forward-thinking office assets in the market. Sustainable design supports health, wellness, and productivity. Tenants also benefit from a curated amenity experience including a five-diamond lobby with Window Coffee Bar, an indoor/outdoor tenant lounge, conference and training center, state-of-the-art fitness center with lockers and showers, bike storage, and on-site concierge services designed to support productivity and workplace wellness. Mass timber construction provides a warm, natural aesthetic while reducing embodied carbon. The property's 13.5’ - 15.5' exposed ceilings create volume, openness, and architectural character. The property has a size of 78778 square feet.

Key Highlights

  • Arizona's first and only cross‑laminated timber (CLT) office building, offering a unique and sustainable design.
  • Designed to LEED Silver and WELL Certification standards, promoting sustainability, health, and wellness.
  • Abundant natural light throughout due to large, expansive window lines and 13.5’ - 15.5' exposed ceilings.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Storage Facility Pet Grooming Service

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

2,464
Businesses Nearby

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
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 - Sustainable, modern office space with advanced amenities and natural light.
Where is this office building located?
The property is located at 433 South Farmer Avenue Tempe, AZ.
What are key features of this property?
This property features: Arizona's first and only cross‑laminated timber (CLT) office building, offering a unique and sustainable design.; Designed to LEED Silver and WELL Certification standards, promoting sustainability, health, and wellness.; Abundant natural light throughout due to large, expansive window lines and 13.5’ - 15.5' exposed ceilings.
More about this property
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