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    1850 Rio Salado Pkwy Tempe, AZ 85281

    For Lease
    $23 SF/Yr

    Class A Office, Tempe, AZ

    Lot size:
    37,398 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A office space, located at 1850 W Rio Salado Pkwy in Tempe, Arizona, 85281, offers 37,398 square feet currently available for lease. Built in 2014, the property boasts a LEED Gold Standard certification, reflecting its commitment to sustainability. The building features prominent building signage for excellent visibility and impressive 10-foot windows throughout, maximizing natural light and creating a bright, modern workspace. Tenants will enjoy convenient access with excellent ingress and egress, along with covered parking spaces. Its prime location offers unparalleled convenience, situated adjacent to the Tempe Center for the Arts. High-speed internet access is readily available, with Cox and CenturyLink services directly on Rio Salado Parkway and additional providers accessible on Priest Drive. Furthermore, the Salt River/Rio Salado Multi-Use Path runs along the north edge of the property, promoting a healthy and sustainable work environment. This multi-tenant building offers a variety of office configurations suitable for traditional, creative, and executive office needs. The property is a truly exceptional opportunity for businesses seeking a prestigious and functional office space in a vibrant Tempe location.

    Property Features for 1850 Rio Salado Pkwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,398 SF
    Class
    A

    Building Details

    Year Built
    2014

    Unit(s) available at that property

    Space
    West Wing
    Size
    37,398 SF
    Rate per SF
    $23

    HighLights

    • 37,398 square feet of Class A office space available for lease at 1850 W Rio Salado Pkwy, Tempe, AZ 85281.
    • Built in 2014, LEED Gold certified.
    • Prominent building signage, 10‑foot windows, and abundant natural light.
    • Convenient access, covered parking, and high‑speed internet access (Cox & CenturyLink).
    • Prime Tempe location adjacent to the Tempe Center for the Arts, near Salt River/Rio Salado Multi‑Use Path.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Centene Corporate Office Dr. Wendy Orm Family Practice Physician Curative COVID-19 Test ... Medical Laboratory Dean Franke Pharmacy Lpt Liberty Property ... Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Hair Salon Wholesale Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.96504367352
    Latitude
    33.431443601011

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    FAQs

    What type of property is this?
    Office space - Class A Office, Tempe, AZ
    Where is this office space located?
    The property is located at 1850 Rio Salado Pkwy Tempe, AZ.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 37,398 square feet of Class A office space available for lease at 1850 W Rio Salado Pkwy, Tempe, AZ 85281.; Built in 2014, LEED Gold certified.; Prominent building signage, 10-foot windows, and abundant natural light.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1850 Rio Salado Pkwy Tempe, AZ 85281
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