Listing Agency: Lee & Associates | Phoenix g***@leearizona.com Show Phone

Listed By: Andrew Cheney Show Phone

Source: Moodyscre

Added: Mar 5, 2024 Changed: Jul 10 Last Checked: Jul 21 at 5:37AM

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Investment Insights

Based on property information with market context.

This is a brand new shell building located in ASU Research Park. The property features 135,000 rentable square feet of space within a 4-story building. It includes a self-contained parking garage with 250 stalls. The building offers unlimited lab potential, with an additional 800 square feet of lab space featuring 27-foot clear heights. Back-up generators are in place, and the property includes roll-up doors.

Key Highlights

• Brand new +135,000 RSF shell building in ASU Research Park.
• Self‑contained parking garage with 250 stalls.
• Unlimited lab potential with an additional 800 RSF of lab space.

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Auto Repair Shop Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

355

Businesses Nearby

Explore this area Business Placement

Market

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Brand new 135,000 RSF shell building with parking garage.

Where is this office building located?

The property is located at 8240 S River Pkwy Tempe, AZ.

What are key features of this property?

This property features: Brand new +135,000 RSF shell building in ASU Research Park.; Self‑contained parking garage with 250 stalls.; Unlimited lab potential with an additional 800 RSF of lab space.