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Multi-Asset Flex Portfolio
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8945 South Harl Avenue, Tempe, AZ 85283

Two occupied flex buildings offer diversified tenant exposure and staggered lease expirations.

Property Size141,816 SF
Days on Market10

Property Features for 8945 South Harl Avenue

General Information

Standard status Active
Size 141,816 SF
Class A
Property subtype Industrial, Office
Occupancy 92%
Investment Type Stabilized

Additional Details

Highway Access Yes

Building Details

Year Built 2000
Buildings 2
Tenancy Multi
Listing Agency: JLL - Phoenix, Arizona
Listed By: Will Mast · License #AZ SA636133000
Source: Crexi
Added: Aug 12 Changed: Aug 18 Last Checked: Aug 20 at 1:15PM

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 JLL - Phoenix, Arizona

Investment Insights

Based on property information with market context.

The Agave Portfolio comprises two flex properties totaling 141,816 square feet of rentable area. Agave Business Center is a 55,221-square-foot, single-story industrial/flex building at 8945 South Harl Avenue, while Agave Corporate Center is an 86,595-square-foot, two-story flex office property at 1711 West Greentree Drive. Both assets were built in 2000 and are offered individually or together as a leasehold interest.

The buildings are occupied by tenants in the healthcare, technology, construction, and engineering sectors, with staggered lease expirations across the portfolio. Agave Business Center is approximately 92.7% occupied, and Agave Corporate Center is approximately 92.6% occupied. The properties provide freeway access through Interstate 10, US Highway 60, and Loops 101 and 202, and are less than 15 minutes from Phoenix Sky Harbor International Airport. Agave Corporate Center is LEED Certified and Energy Star rated.

Key Highlights

  • 141,816 square feet of rentable area across two flex properties
  • Agave Business Center: 55,221‑square‑foot single‑story industrial/flex building
  • Agave Corporate Center: 86,595‑square‑foot two‑story flex office asset

Property Analytics

Current Use

Logicalis (Southwest Region) IT Consulting Firm No Ninja Left ... Charitable Organization Smart Systems Technologies Security Service Boon Inc Corporate Office SCP Distributors LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Nail Salon Dental Office Law Firm Kitchen & Bath Showroom Pharmacy Electrical 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby
Under-served
Demand for This Use

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

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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Two occupied flex buildings offer diversified tenant exposure and staggered lease expirations.
Where is this flex space located?
The property is located at 8945 South Harl Avenue Tempe, AZ.
What are key features of this property?
This property features: 141,816 square feet of rentable area across two flex properties; Agave Business Center: 55,221‑square‑foot single‑story industrial/flex building; Agave Corporate Center: 86,595‑square‑foot two‑story flex office asset
(602) 282-6300 Call to check price and availability
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