8333 River Pkwy Tempe, AZ 85284

This exceptional 97,686 square foot, two-story office building presents a unique owner-user opportunity in Tempe's prestigious ASU Research Park. Located on a substantial 13.79-acre lot, this property boasts a stunning two-story lobby with an expansive glass curtain wall, offering abundant natural light and captivating lake views. A significant feature is the state-of-the-art commercial kitchen, renovated in 2022, complete with an extensive restaurant/dining area, also enjoying lake views and access to an outdoor patio. The building further includes a 200-person auditorium, a divisible lecture room, and several large conference rooms, complemented by a mix of open office areas and classrooms. The property benefits from a ground lease, rent-free and tax-exempt, extending until December 2079. Its strategic location within the ASU Research Park places it amongst high-profile companies like Amazon, Walgreens, and GoDaddy, within the thriving "Silicon Desert" and offers easy access to Loop 101, bridging downtown Tempe and the Price Corridor. The asking price is $14,650,000, with a price per square foot of $149.97. The building was constructed in 1995 and features ample parking (537 spaces per 1,000 sq ft), zoned AG. This is an unparalleled opportunity to acquire a substantial, well-appointed office building in a prime location.