Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Office buildings

    8950 S 52Nd St, Tempe, AZ 85284

    81,179 SF 4.56 ac lot Built 2000
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US07-1735171
    Property summary
    AI-generated overview

    This Class A medical office building, One Agave, offers 77,432 square feet of prime space in Maricopa County. Three suites are currently available, ranging from 2,830 to 4,356 contiguous square feet, with a total of 11,048 square feet currently vacant. The building boasts impressive features including monument signage, enhanced landscaping, energy-efficient construction with dual-pane high-performance glass, and fiber optic availability. The interior features a two-story vaulted lobby with upscale finishes like granite floors and wood detailing, a central column alignment for flexible layouts, and finished restrooms and floor lobbies. An energy management system regulates HVAC, and a card access system ensures building security. Enjoy spectacular views of South Mountain, convenient access to Sky Harbor International Airport (15 minutes) and Downtown Phoenix (20 minutes), and easy access to major roadways including I-10 via Warner Road. The location offers proximity to diverse housing options and over 3 million square feet of retail amenities within a 5-minute drive, as well as the Phoenix South Mountain Preserve with extensive hiking and biking trails. The building provides 6 parking spaces per 1,000 square feet.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2000
    Construction STEEL FRAME
    Total area 81,179 SF
    Lot 4.56 ac (198,565 SF)
    Zoning code GID
    APN 301-59-852
    UPID US07-1735171
    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
    Current use
    Occupant on record · Public records
    • Qwaltec Engineering Consultant
    • WEST Consultants Inc Engineering Consultant
    • Oncology Convergence, Inc. | Oncology Revenue Cycle Management | Oncology Consultants | Billing Consultant Medical Billing Service
    • Bremer Whyte Brown & O'Meara Law Firm
    • Scottsdale Real Estate Agent Steven Losey Berkshire Hathaway Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $30.12M
    Blend (final) Blend
    $30.12M
    Owner & transaction history
    Orsett Agave LLC · 7 yrs held
    Orsett Agave LLC
    since 2019
    4 recorded transactions
    2019
    2019
    $12.5M
    2014
    $9.8M
    1969
    Zoning & alternative use
    GID · Tempe, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Industrial (general) $42.9M +126.5%
    Retail stores $42.8M +125.6%
    Neighborhood: shopping center $40.8M +115.1%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message