Newly Remodeled NNN Office
For Sale
Contact for pricing
Pending
7665 S Research Dr, Tempe, AZ 85284
Leasehold in a NNN office property within ASU Research Park, with HVAC replacement and interior remodel.
Property SizeContact for details
Days on Market189
Property Features for 7665 S Research Dr
General Information
Standard status
Pending
Property subtype
Office
Building Details
Tenancy
Single
Listing Agency:
The Menlo Group Commercial Real Estate LLC
Listed By:
Grafton Milne · License #AZ BR584594000
Source:
Crexi
Added: Mar 3
Changed: Sep 8
Last Checked: Jul 22 at 10:48PM
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 The Menlo Group Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
SRS Real Estate Partners presents the opportunity to acquire a leasehold interest in a newly leased NNN investment property located within the Arizona State University Research Park in Tempe, Arizona. The current tenant, Action Behavior Centers Therapy LLC, recently executed a new 10-year lease with two additional 5-year renewal options.
The lease includes 2% annual rental increases throughout the primary term and options. Between 2024 and 2025, $1.06M+ was invested in landlord and tenant improvements, including an HVAC replacement and a full interior remodel to Action Behavior Centers’ brand specifications.
The offering is structured with limited landlord responsibilities, designed for lower-management ownership. The property is listed for sale at 7665 S Research Dr, Tempe, AZ 85284.
The lease includes 2% annual rental increases throughout the primary term and options. Between 2024 and 2025, $1.06M+ was invested in landlord and tenant improvements, including an HVAC replacement and a full interior remodel to Action Behavior Centers’ brand specifications.
The offering is structured with limited landlord responsibilities, designed for lower-management ownership. The property is listed for sale at 7665 S Research Dr, Tempe, AZ 85284.
Key Highlights
- Leasehold interest in a newly leased NNN office property in Arizona State University Research Park (Tempe, AZ)
- Action Behavior Centers Therapy LLC recently signed a new 10‑year lease with two (2) additional 5‑year renewal options
- Lease includes 2% annual rental increases throughout the primary term and options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Explore this area
Business Placement
Demographics for 85284, AZ
18,638
Population
7,589
Households
2.5
Avg Household Size
45
Median Age
69%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
2,389
Density / Sq Mi
$154,663
Median Household Income
$64,288
Median Earnings
$2,162
Median Rent
$646,300
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Leasehold in a NNN office property within ASU Research Park, with HVAC replacement and interior remodel.
Where is this office building located?
The property is located at 7665 S Research Dr Tempe, AZ.
What are key features of this property?
This property features: Leasehold interest in a newly leased NNN office property in Arizona State University Research Park (Tempe, AZ); Action Behavior Centers Therapy LLC recently signed a new 10‑year lease with two (2) additional 5‑year renewal options; Lease includes 2% annual rental increases throughout the primary term and options
