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    1950 Southern Ave Tempe, AZ 85282

    Sponsored
    For Lease
    $20 SF/Yr

    Prime Tempe Medical Office Space

    Lot size:
    22,229 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,462 square foot medical office suite is immediately available for lease in Tempe, Arizona. Located at 1950 E Southern Ave, 85282, this single-tenant space is situated within a desirable 22,229 square foot building offering convenient drive-up access. The property's strategic location provides unparalleled proximity to two major hospital campuses, ensuring high visibility and accessibility for medical professionals and patients alike. The suite is ideal for a variety of medical practices seeking a modern and functional workspace. The building itself boasts a contemporary design and is well-maintained, reflecting a commitment to providing a professional and comfortable environment. This is a rare opportunity to secure a prime medical office space in a thriving Tempe location with excellent access and visibility. The suite's 1,462 square feet offers ample room for patient care, administrative functions, and support staff. Interested parties are encouraged to inquire promptly to schedule a viewing and secure this exceptional opportunity. The property is classified as both a medical and traditional office space, offering flexibility for various uses. Its single-tenant occupancy ensures a private and controlled environment. Don't miss this chance to establish your practice in a highly sought-after Tempe location.

    Property Features for 1950 Southern Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,229 SF
    Total Rate
    37048.33

    Unit(s) available at that property

    Space
    Size
    1,462 SF
    Rate per SF
    $20
    Property Profile Location Intelligence

    Current Use by Public Records

    Premier MRI Clinics Mri Center Camelback Imaging Medical Diagnostic Imaging Center Desert Breast Center Doctor VibrantCare Rehabilitation, Inc Physical Therapy Clinic Labcorp Medical Laboratory

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9015266
    Latitude
    33.3932857

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    FAQs

    What type of property is this?
    Medical office - Prime Tempe Medical Office Space
    Where is this medical office located?
    The property is located at 1950 Southern Ave Tempe, AZ.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
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    1950 Southern Ave Tempe, AZ 85282
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    Tempe, AZ 85282
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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
    1950 Southern Ave Tempe, AZ 85282
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