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Move-In Ready Office Floor
For Lease
$25 SF/Yr

4940 S Wendler Dr, Tempe, AZ 85282

Entire 2nd floor office space is plug-and-play with 275+ cubes and a newly renovated lobby and common areas.

Space Size17,114 SF
Days on Market120

Property Features for 4940 S Wendler Dr

General Information

Standard status Active
Size 17,114 SF
Class B
Property subtype office

Site & Location

Neighborhood Tempe South Mountain

Additional Details

Furnished Yes

Amenities

newly renovated lobby and common areas

Spaces For Lease

at 4940 S Wendler Dr
Available Space Immediate
Floor 2nd
Size 17,114 SF
Type Office
Term Negotiable
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Listing Agency: Phoenix
Listed By: William Mask · License #SA698855000
Source: Property.jll
Added: Jun 28 Changed: Oct 2 Last Checked: Oct 24 at 1:39PM

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 Phoenix

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The entire 2nd floor is available immediately, offering 37,883 RSF that can be divided to approximately 18,896 RSF. The space is set up as plug-and-play with more than 275 office cubes already in place, supporting a faster occupancy timeline.

The building features a newly renovated lobby and common areas, adding to the day-one usability of the office environment. Parking is available at a 6:1,000 ratio.

A sublease term is available through November 30, 2027.

Key Highlights

  • Entire 2nd floor available immediately
  • 37,883 RSF available, divisible to 18,896 RSF
  • Sublease term through November 30, 2027

Property Analytics

Current Use

Conn's homeplus Corporate Office

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

910
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

$20.12 /SF/Yr
Avg Asking Price
$1.17–$44 /SF/Yr
Price Range
22,630 SF
Avg Space Size

This space is priced 24% above the average of $20.12 /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

Frequently Asked Questions

What type of property is this?
Office unit - Entire 2nd floor office space is plug-and-play with 275+ cubes and a newly renovated lobby and common areas.
Where is this office unit located?
The property is located at 4940 S Wendler Dr Tempe, AZ.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Entire 2nd floor available immediately; 37,883 RSF available, divisible to 18,896 RSF; Sublease term through November 30, 2027
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