0 Innovation Cir Tempe, AZ 85284
This exceptional two-story office building, situated in Maricopa County's ASU Research Park, offers ±55,000 square feet of versatile space ideal for traditional, executive, or creative office uses. The property features a dedicated grand entrance off Warner Road, providing excellent visibility and accessibility. The building boasts ample surface parking with 285 spaces, exceeding the standard 5/1000 ratio, and offers the potential for future expansion with a planned parking structure. The ±15.46-acre lot includes approximately 2,000 square feet of premium covered outdoor amenity space, perfect for employee relaxation or informal meetings. The building's design incorporates north/south solar exposure, optimizing natural light and energy efficiency. Currently, one space is available within this brand-new, multi-tenant building, presenting a unique opportunity for businesses seeking a modern and well-appointed office environment in a thriving research park setting. Direct access to Warner Road ensures convenient commutes and excellent connectivity. This property offers a combination of functionality, modern amenities, and a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.