Property profile

9280 S Kyrene Rd Tempe, AZ 85284

FOR LEASE
Office buildings
Property ID
US07-2295946
31,962 SF 1.26 ac lot Built 1998
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This single-story, 31,962 square foot Class B office building, constructed in 1998 and renovated in 2017, presents a unique leasing opportunity in Tempe, Arizona. Located at 9280 S Kyrene Rd, at the intersection of Kyrene and Warner Roads, this property boasts a modern architectural design with excellent Kyrene Road frontage and convenient access. Currently, 5,341 square feet of space is available for lease within this multi-tenant building. The building's prime location offers easy access to major transportation arteries, including Interstate 10 (¾ mile east) and Sky Harbor International Airport (10 minutes away). A wealth of amenities are within a five-minute radius, including the Pointe at South Mountain Resort, Arizona Mills Regional Mall, Ahwatukee Foothills Town Center, ASU Research Park, championship golf courses, hotels, restaurants, and entertainment venues. The area is also home to major employers such as Intel, Motorola, and Honeywell. The property's APN is 301-60-085-A, 301-60-069-A, and is situated in the Tempe submarket of Maricopa County. This is an exceptional opportunity to secure office space in a thriving and well-connected area. The building features one story and is located in the 85284 zip code.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction CONCRETE
Total area 31,962 SF
Lot 1.26 ac (55,000 SF)
Zoning code GID
APN 301-60-069A
UPID US07-2295946

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor
  • Real Estate Agency
  • Medical Billing Service
  • Real Estate Agency
  • Loan Service Bank

Location

9280 S Kyrene Rd Tempe, AZ 85284
Tempe metro Census 810000 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.70M
Blend (final) Blend
$6.03M

Owner & transaction history

since 2022
Last sale
$5.4M
6 recorded transactions
2022
$5.4M
2017
$4.3M
2015
$3.3M
2011
$2.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GID · Tempe, AZ
Zoning description

General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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