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Renovated Multi-Tenant Office Building
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9875 S Priest Dr, Tempe, AZ 85284

Fully leased office property with updated finishes and convenient access to I-10.

Property SizeContact for details
Days on Market143

Property Features for 9875 S Priest Dr

General Information

Standard status Active
Property subtype Office
Listing Agency: Realty Facts
Listed By: AASHISH PAREKH · License #br662321000
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:48PM

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 Realty Facts

Investment Insights

Based on property information with market context.

This multi-tenant office building is 100% leased to four tenants, providing an occupied commercial asset with staggered lease terms. One lease runs for 10 years, while two additional leases run for 5 years each. The property was built in 2004 and received 2020 improvements including new flooring, paint, modern carpet tile, and vinyl finishes.

The office property is located at the northeast corner of Priest Dr. and Ray Rd. in Tempe, with convenient access to I-10. McDonald's is positioned at the corner, Lowe's is across the street, and restaurants are located nearby. The setting places the building within an established commercial environment with multiple surrounding retail and service uses.

Key Highlights

  • 100% leased multi‑tenant office property
  • Four tenants with one 10‑year lease and two 5‑year leases
  • Built in 2004 and renovated in 2020

Property Analytics

Current Use

Back In Shape Alternative Medicine Practice Edward Jones - Financial ... Financial Advisor Edward Jones - Financial ... Financial Advisor Delightful Quality Produce Agricultural Supply My Arizona Short ... Real Estate Agency

Suggested Use

Top Pick Dental Office Law Firm Pharmacy Auto Parts Store Storage Facility Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby

Demographics for 85284, AZ

18,638
Population
7,589
Households
2.5
Avg Household Size
45
Median Age
69%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
2,389
Density / Sq Mi
$154,663
Median Household Income
$64,288
Median Earnings
$2,162
Median Rent
$646,300
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased office property with updated finishes and convenient access to I-10.
Where is this office building located?
The property is located at 9875 S Priest Dr Tempe, AZ.
What are key features of this property?
This property features: 100% leased multi‑tenant office property; Four tenants with one 10‑year lease and two 5‑year leases; Built in 2004 and renovated in 2020
More about this property
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