605 Broadway Rd, Tempe, AZ 85282-1407
This exceptional investment opportunity presents a В±4,233 square foot medical office building situated on a В±19,602 square foot lot at 605 E Broadway Road, Unit 605, Tempe, AZ. The property, encompassing parcels 133-25-070 and 133-25-071, boasts significant tenant improvements completed within the last five years, ensuring a modern and functional space. The building, constructed in 1977, benefits from a recently recoated roof (2020) and a fenced lot, providing security and peace of mind. Ample parking is available, with a ratio of approximately 4.66 spaces per 1,000 square feet. The property's prime location offers excellent visibility, enhanced by prominent monument signage on E. Broadway Road. Its proximity to Arizona State University, Downtown Tempe, and major transportation arteries like I-202 and Loop 101 ensures high traffic and accessibility. The property is zoned CSS and is offered at $1,300,000. Seller financing is available for qualified buyers, subject to seller approval, making this an attractive proposition for investors seeking a strong return on investment in a thriving Tempe location. This is a rare opportunity to acquire a well-maintained, strategically located medical office building with significant upside potential.
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Choices Pregnancy Center - Tempe Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
CSS · 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.