Tempe Office Building For
For Sale
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9885 S Priest Dr, Tempe, AZ
5,800 SF office building in Tempe, Arizona.
Property Size5,800 SF
Lot Size0.59 Acres
Price / SF$344.83
Days on Market492
Property Features for 9885 S Priest Dr
General Information
Standard status
Active
Size
5,800 SF
Lot size
0.59 Acres
Property subtype
OFFICE
Listing Agency:
Kidder Mathews | Phoenix
(602) 513-5200
Listed By:
Kurt Kerner · License #SA704414000
(858) 964-8019
Source:
Moodyscre
Added: Jun 2, 2025
Changed: Aug 8
Last Checked: Apr 13 at 1:43PM
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 Kidder Mathews | Phoenix
Investment Insights
Based on property information with market context.
This is a 5,800 square foot office building located in Tempe, Arizona. The property is suitable for office use.
Key Highlights
- 5,800 SF office building
- Located in Tempe, Arizona
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,672
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,073,440
$2.1M
Cap Rate 7%
$1,481,029
$1.5M
Cap Rate 9%
$1,151,911
$1.2M
Market Conditions
NOI Build-Up for 5,800 SF
Gross rent
$176.1K $30.36/SF
− Vacancy
−$37.9K −$6.53/SF
EGI
$138.2K $23.83/SF
− OpEx
−$34.6K −$5.96/SF
NOI
$103.7K $17.87/SF
Area
Tempe, AZ
Vacancy
21.50%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,073,440
Cap Rate 7%
$1,481,029
Cap Rate 9%
$1,151,911
Alternative Uses
Best Use
Office B
$1.48M
$1.30M – $1.73M
NOI $103,672 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.60M – $2.13M
NOI $127,672 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 5,800 SF office building in Tempe, Arizona.
Where is this office building located?
The property is located at 9885 S Priest Dr Tempe, AZ.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 5,800 SF office building; Located in Tempe, Arizona
