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    950 Elliot Rd Tempe, AZ 85284

    Sponsored
    For Lease
    $27 SF/Yr

    Executive & Creative Office Suites Available

    Lot size:
    105,281 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Acacia Court offers 105,281 square feet of Class B office space in two, two-story buildings, situated on 950-960 W Elliot Rd, Tempe, AZ 85284. This multi-tenant complex boasts high-end finishes and an attractive central courtyard. The property features 6 available spaces ranging from 1,613 to 8,199 square feet, ideal for businesses seeking executive or creative office environments. Located in the desirable South Tempe/Ahwatukee submarket, Acacia Court benefits from exceptional access to major transportation arteries. Elliot Road, a primary east-west thoroughfare, provides convenient commutes throughout Tempe, Mesa, Gilbert, and Chandler. Furthermore, the property enjoys proximity to Interstate 10, US 60 Superstition Freeway, and Loop 101 Freeway, ensuring easy access to all of metropolitan Phoenix and Phoenix Sky Harbor International Airport. The property offers a generous 4.1/1,000 parking ratio, ensuring ample parking for tenants and their guests. Built in 2000, this Maricopa County property presents a compelling opportunity for businesses seeking a well-located, high-quality office space.

    Property Features for 950 Elliot Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    105,281 SF
    Class
    B
    Total Rate
    241268.96

    Building Details

    Year Built
    2000
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 122 - 950 W Elliot
    Size
    2,483 SF
    Rate per SF
    $27
    Space
    Suite 112 - 960 W Elliot
    Size
    1,613 SF
    Rate per SF
    $27
    Space
    Suite 206 - 950 W Elliot
    Size
    2,551 SF
    Rate per SF
    $27
    Space
    Suite 214 - 950 W Elliot
    Size
    2,257 SF
    Rate per SF
    $27
    Space
    Suite 212 - 950 W Elliot
    Size
    8,199 SF
    Rate per SF
    $27
    Space
    Suite 126 - 950 W Elliot
    Size
    2,942 SF
    Rate per SF
    $27

    HighLights

    • Excellent South Tempe/Ahwatukee location.
    • Less than one mile to I‑10, two miles to US 60, and four miles to Loop 101.
    • Over 7.8M SF of retail within a 3‑mile radius.
    • 2020 renovation.
    • Amenity‑rich area with over 7.8M SF of amenities within 3 miles.
    • Exceptional freeway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Volt Workforce Solutions Recruiter Lorber, Greenfield & Polito, ... Legal Services Lightolier Inc Lighting Store FedEx Drop Box Mailing Service Wilde Wealth Management ... Financial Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -111.953549
    Latitude
    33.350009

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    FAQs

    What type of property is this?
    Office space - Executive & Creative Office Suites Available
    Where is this office space located?
    The property is located at 950 Elliot Rd Tempe, AZ.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Excellent South Tempe/Ahwatukee location.; Less than one mile to I-10, two miles to US 60, and four miles to Loop 101.; Over 7.8M SF of retail within a 3-mile radius.
    Request Owner's contact information
    950 Elliot Rd Tempe, AZ 85284
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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
    950 Elliot Rd Tempe, AZ 85284
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