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Tempe Office Space Available
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1950 E Southern Ave, Tempe, AZ 85282

Office space for lease in Tempe, Arizona.

Space Size1,462 SF - 1,499 SF
Property Size22,304 SF
Days on Market922

Property Features for 1950 E Southern Ave

General Information

Standard status Active
Size 1,462 SF - 1,499 SF
Property subtype Office
Lease Type NNN

Building Details

Building Size 22,304 SF
Tenancy Multiple

Spaces For Lease

at 1950 E Southern Ave Contact us

Suite 105 Active

Size 1,462 SF
Type Office
Lease Type NNN
Contact us

Suite 113 Active

Size 1,499 SF
Type Office
Lease Type NNN
Contact us
Listing Agency: Transwestern Phoenix
Listed By: Kathleen Morgan · License #AZ BR111492000
Source: Crexi
Added: Apr 5, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:40AM

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 Transwestern Phoenix

Investment Insights

Based on property information with market context.

This property, located at 1950 E Southern Ave in Tempe, Arizona, is available for lease. It is classified as office space and commercial real estate.

Key Highlights

  • For Lease

Property Analytics

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Open Analytics

Current Use

Premier MRI Clinics Medical Clinic Camelback Imaging Medical Clinic Desert Breast Center Physician VibrantCare Rehabilitation, Inc Medical Clinic Labcorp Medical Laboratory

Suggested Use

Top Pick Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Garden Center Bakery Grocery & Convenience Store

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

996
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85282, AZ

52,351
Population
25,667
Households
2
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
11.1 sq mi
ZIP Area
4,716
Density / Sq Mi
$79,084
Median Household Income
$43,863
Median Earnings
$1,627
Median Rent
$370,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Tempe, AZ

$21.14 /SF/Yr
Avg Asking Price
$1.17–$44 /SF/Yr
Price Range
27,380 SF
Avg Space Size

This space is priced 5% below the average of $21.14 /SF/Yr.

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
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Similar Off Market Nearby

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  • Foresight Technology — 1817 E Southern Ave, Tempe, AZ 85282

Frequently Asked Questions

What type of property is this?
Office space - Office space for lease in Tempe, Arizona.
Where is this office space located?
The property is located at 1950 E Southern Ave Tempe, AZ.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: For Lease
(602) 956-5000 Call to check price and availability
More about this property
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