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940 S Park Ln, Tempe, AZ 85281

Lease opportunity in a commercial property constructed in 1992.

Space Size1,300 SF - 5,472 SF
Property Size10,660 SF
Days on Market8

Property Features for 940 S Park Ln

General Information

Standard status Active
Size 1,300 SF - 5,472 SF
Property subtype Industrial
Lease Term Gross

Building Details

Building Size 10,660 SF
Year Built 1992

Spaces For Lease

at 940 S Park Ln Contact us

940 S Park Lane, Ste 2-3 $1.40/SF/Mo

Size
5,472 SF
Term
Negotiable
Contact us

940 S Park Lane, Ste 5 $1.40/SF/Mo

Size
1,300 SF
Term
Negotiable
Contact us

940 S Park Lane, Ste 6 $1.40/SF/Mo

Size
1,300 SF
Term
Negotiable
Contact us

940 S Park Lane, Ste 7 $1.40/SF/Mo

Size
1,317 SF
Term
Negotiable
Contact us
Listing Agency: Commercial Properties Inc
Listed By: David Bean · License #AZ #BR627726000
Source: Cpiaz
Added: Aug 14 Changed: Aug 21 Last Checked: Aug 21 at 4:24AM

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 Commercial Properties Inc

Investment Insights

Based on property information with market context.

This office property at 940 S Park Ln includes office units available for lease. The building was constructed in 1992, providing an established commercial setting for office occupancy.

Located in Tempe, Arizona, the property is positioned at 940 S Park Ln. Lease terms and additional building specifications are not provided.

Key Highlights

  • Office units available for lease
  • Built in 1992
  • 940 S Park Ln address

Property Analytics

Current Use

Maverik Manufacturing Industrial Manufacturer Pools Per Click Construction Company Aqualabz (Bike/Boat/Book/etc) Store Majestic Water Spouts Metal Fabrication Plant

Suggested Use

Top Pick Dental Office Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Food Market Nail Salon

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

Location Intelligence

Trade Area within ½ mile

1,568
Businesses Nearby

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value

Market

Lease Benchmarks for Tempe, AZ

$20.3 /SF/Yr
Avg Asking Price
$1.17–$35.5 /SF/Yr
Price Range
19,416 SF
Avg Space Size

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Lease opportunity in a commercial property constructed in 1992.
Where is this office units located?
The property is located at 940 S Park Ln Tempe, AZ.
What are key features of this property?
This property features: Office units available for lease; Built in 1992; 940 S Park Ln address
More about this property
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