432 S Farmer Ave - Loft/Creative Space CONDO FOR SALE


Tempe, AZ 85281
$4,900,000 USD
602-339-3131
432 S Farmer Ave, Tempe, AZ for Sale
$4,900,000 USD
Loft/Creative Space CONDO - FOR SALE
1/12
null | Request Cap Rate

432 S Farmer Ave
Tempe, AZ 85281


OVERVIEW

• Ample restaurants available within walking distance from the property, including local favorite, Culinary Dropout—a concept restaurant serving classic American dishes with a twist. • Located within downtown Tempe and two blocks from Mill Avenue, a 24/7 live-work-play entertainment district full of locally owned bars, microbreweries, clubs, and restaurants. This explosive area is also home to an abundance of residential towers and high-profile office developments. Irreplaceable location in the heart of ‘The Silicon Desert’ which is known for having the highest concentration of major corporations of any submarket, a spectacular labor pool, and great housing. The Tempe Streetcar, which connects north and south downtown Tempe, has a stop at 5th St/Ash Ave—only a few steps from the property. • Transit-oriented location with ±2-mile access to Loop 202 and the Metro Light Rail’s Mill Ave/3rd Street stop, making the entire valley easily available within a short commute. • The Beam on Farmer, a high-profile office development, is located across the street from the property.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$465 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Farmer Studios

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Office Live/Work Unit

TOTAL BUILDING SIZE

10,548 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

MU-4

APN/PARCEL ID

124-33-447

ASK ABOUT THIS PROPERTY

Eric WichtermanCushman & WakefieldMore Info
602-339-3131

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Eric WichtermanCushman & WakefieldMore Info
602-339-3131

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.