8333 S River Pky - Loft/Creative Space FOR SALE


Tempe, AZ 85284
$14,650,000 USD
602-339-3131
8333 S River Pky, Tempe, AZ for Sale
$14,650,000 USD
Loft/Creative Space - FOR SALE
1/3
null | Request Cap Rate

8333 S River Pky
Tempe, AZ 85284


HIGHLIGHTS

  • Prestigious location within the prized Arizona State University (ASU) Research Park.
  • Attractive two-story lobby with expansive glass-curtain wall providing ample natural light and views of the adjacent lake.
  • Massive state-of-the-art commercial kitchen that was renovated in 2022 and features an extensive restaurant/dining area with lake views.
  • 200-person auditorium, a divisible lecture room, several large conference rooms, a combination of open office areas and classrooms throughout.
  • Immediate access to the Loop 101 to take advantage of the location at the midpoint between downtown Tempe and the Price Corridor.

OVERVIEW

- Two-story single-tenant office building totaling ±97,686 SF. - 100% available for an owner/user. - Attractive two-story lobby with expansive glass-curtain wall providing ample natural light and views of the adjacent lake. - Massive state-of-the-art commercial kitchen that was renovated in 2022 and features an extensive restaurant/dining area with lake views and an outdoor patio. - Additional amenities include a 200-person auditorium, a divisible lecture room, several large conference rooms, a combination of open office areas and classrooms throughout. - Prestigious location within the prized Arizona State University (ASU) Research Park. - ASU Research Park is filled with high profile companies such as Amazon, Walgreen’s, Iridium Satellite, GoDaddy, Amkor, Fox Sports, Viasat, Solvay, Tech Data, and U.S. Foods. - Situated on a large 13.79-acre parcel subject to a rent free and tax exempt ground lease until December 2079. - Situated in the Southeast Valley trade area—commonly referred to as the ‘Silicon Desert’—nationally known for its dense, youthful and highly educated population. - Immediate access to the Loop 101 to take advantage of the location at the midpoint between downtown Tempe and the Price Corridor.

FOR SALE DETAILS

PRICE

$14,650,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

8333 S River Parkway

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

537

LAND DETAILS

LAND ACRES

13.79 AC

LAND SF

600,780 SF

ZONING

AG, Tempe

APN/PARCEL ID

301-53-318

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.