2121 Mill Ave Tempe, AZ 85282
- Office buildings
- 1,064 SF
- 0.89 lot acres
Current Use by Public Records
- valor 4 vet / Veterinary Care
- CCR Transport / Trucking Company
- Nikao Performance and Rehab - Physical Therapy - Strength and Conditioning - Health and Wellness / Physical Fitness Program / Physical Therapy Clinic
- Taylored Counseling Substance Abuse Professional (SAP) Services / Counselor
- Right Path / Counselor
Property Details for 2121 Mill Ave
- Year built
- 1968
- Construction
- CONCRETE
- Lot size
- 0.89 lot acres
- Property size
- 1,064 SF
- Zone code
- R-4
- Property type
- Office buildings
- APN
- 133-23-020F
- APU
- 13323020F
Description
This exceptional two-story, 16,528-square-foot office building, constructed in 1968 and extensively renovated in 2020, presents a unique investment opportunity in the highly desirable Tempe submarket. Located at 2121 on Mill, with prominent Mill Avenue frontage, this Class B property boasts a classic mid-century modern design by renowned architect Thomas Montgomery. The building features 18 suites ranging from 550 to 1,452 square feet, many with private bathrooms, catering to a variety of business needs. Currently, 4,528 square feet are available for lease across multiple suites. The property offers a mix of small and moderate-sized spaces, perfect for professional services or creative businesses. Amenities include a gated courtyard with new landscaping, upgraded air conditioning, new common area flooring, new signage, ample surface and covered parking (86 spaces total, a 5.2/1000 ratio), and a single elevator. The building also benefits from a video camera system with real-time monitoring. Its strategic location near Arizona State University and downtown Tempe provides easy access to a vibrant 24/7 live-work-play environment. Convenient freeway access to Highways 60, 10, and 101, and proximity to Sky Harbor International Airport (a 5-minute drive via SR-143), further enhance its appeal. The property sits on a 38,921-square-foot lot and is zoned R4 Tempe (Maricopa County, APN 133-23-020F). Annual property taxes are $1 per square foot. The maximum contiguous space available is 2,590 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.939
- Latitude
- 33.4056
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
