8950 South 52nd Street Tempe, AZ 85284

Listing agency Wentworth Property Company, LLC Phoenix

Listed by Dan Postal · License #AZ SA664720000

Source Crexi

Added: Apr 10 Updated: Jul 22 at 9:51AM Checked: Jul 22 at 9:51AM

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Investment Insights

Based on property information with market context.

One Agave Center is a four-story Class A office building that is currently 93% occupied. The property offers 77,432 rentable square feet and includes parking at a 4.8 per 1,000 parking ratio. The building was constructed in 2000 and sits on 4.56 net acres.

The address is 8950 South 52nd Street in Tempe, Arizona, located south of Warner Road and east of Interstate 10 at 52nd Street. The property is described as having exceptional freeway frontage and visibility from Interstate 10, with access via a full-diamond interchange at Warner Road.

The offering is presented with the property positioned as a stabilized office asset with below-market in-place rents, with projected Year 1 NOI cited as $951,905, subject to change due to free rent credits.

Key Highlights

• 93% occupied, four‑story Class A office building totaling 77,432 rentable SF
• Exceptional visibility and frontage from Interstate 10, with access from a full‑diamond interchange at Warner Road
• Located at 8950 South 52nd Street in Tempe, Arizona, south of Warner Road and east of I‑10 at 52nd Street

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FAQs

What type of property is this?

Office building - Four-story Class A office building with 93% occupancy and freeway visibility from Interstate 10 near a full-diamond interchange.

Where is this office building located?

The property is located at 8950 South 52nd Street Tempe, AZ.

What are key features of this property?

This property features: 93% occupied, four‑story Class A office building totaling 77,432 rentable SF; Exceptional visibility and frontage from Interstate 10, with access from a full‑diamond interchange at Warner Road; Located at 8950 South 52nd Street in Tempe, Arizona, south of Warner Road and east of I‑10 at 52nd Street