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Property profile & analytics
OFF-MARKET
Office Spaces

8240 River Pkwy Tempe, AZ 85284

135,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 135,000-square-foot office and industrial property, located at 8240 S River Pkwy in Tempe, Arizona, presents a unique investment opportunity. The building boasts a modern design, featuring four stories and a remarkable 27-foot ceiling height, providing ample space for a variety of uses. Currently vacant, this single-tenant space offers unparalleled flexibility for businesses seeking a large, adaptable footprint. The property's classification as both executive office and flex space caters to a wide range of potential tenants, from corporate headquarters to light industrial operations. A significant advantage is the inclusion of a self-contained parking garage with 250 stalls, ensuring convenient parking for employees and clients. Situated in Maricopa County, with easy access via S River Pkwy, this property benefits from a prime location in Tempe, AZ, zip code 85284. The building's brand-new shell condition allows for complete customization to meet specific tenant requirements. This is a rare opportunity to secure a substantial, high-quality space in a thriving Arizona market. The expansive square footage, coupled with the ample parking and flexible zoning, makes this property an ideal choice for businesses seeking significant growth and expansion. Contact us today to learn more about this exceptional offering.

Property profile
Verified
Property type Office Spaces
Total area 135,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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