150 Ash Ave 2, Tempe, AZ 85281-2832
This exceptional 1,080-square-foot freestanding office building presents a unique opportunity in the desirable Tempe submarket. Located at the intersection of Rio Salado Parkway and Ash Avenue, this property boasts a prime location within Old Towne Square, offering unparalleled convenience and accessibility. The building is currently vacant and available for immediate occupancy, presenting a turnkey solution for businesses seeking a move-in ready space. The interior features spacious private offices, perfectly suited for a variety of professional uses, including traditional office settings, executive suites, coworking spaces, medical offices, or creative studios. The building's single-tenant configuration provides privacy and control, while its location offers easy access to a wide array of restaurants and the scenic Tempe Town Lake. The property's 1,080 square feet provide ample space for a growing business or a team seeking a comfortable and productive work environment. This is a rare opportunity to secure a freestanding office building in a highly sought-after Tempe location. The property is available on a month-to-month lease. Please note that the current tenant should not be disturbed.
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Focus Employment Services Employment Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CC · Tempe, AZTempe. Always verify with local authorities before improvements.
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.