170 Ash Ave 4, Tempe, AZ 85281-2832
This exceptional 1,271 square foot freestanding office building presents a unique opportunity in the heart of Downtown Tempe. Situated at 170 S Ash Ave, near the intersection of Rio Salado Pkwy and Ash Ave, this property boasts a prime location steps away from a diverse array of restaurants and across from Tempe Town Lake. The building, constructed in 1990 and extensively renovated in 2020, offers a single-tenant occupancy in a turnkey condition. The space is currently vacant and ready for immediate occupancy. The property features spacious private offices, making it suitable for a variety of professional uses, including traditional office, executive office, creative office, medical office, or even coworking space. The building is a single-story structure, providing convenient and efficient access throughout. This is a rare opportunity to acquire a well-maintained, modern office building in a highly desirable Tempe location. The property's convenient access to major thoroughfares and its proximity to amenities make it an attractive option for businesses seeking a vibrant and accessible workspace. The address is 170 S Ash Ave, Tempe, AZ 85281. Please note that the current month-to-month tenant should not be disturbed.
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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.