9885 S Priest Dr - Medical FOR SALE


Tempe, AZ 85284
$1,999,500 USD
602-561-1339
9885 S Priest Dr, Tempe, AZ for Sale
$1,999,500 USD
Medical - FOR SALE
1/15
null | 2.26% Cap Rate

9885 S Priest Dr
Tempe, AZ 85284


HIGHLIGHTS

  • Recently constructed in 2024 with a contemporary design.
  • Prime location in the heart of Tempe.
  • Ample parking for employees and clients.
  • High visibility with prominent street frontage.
  • Situated within close proximity to major transportation routes.
  • Surrounded by a thriving business community and serves as an excellent investment opportunity in growing market.

OVERVIEW

Located just east of the I-10 Freeway on Priest, this 5,800 SF multi-tenant office building offers a 2,700 SF move-in ready suite with in-place NOI of $45,276.01 to help build equity. The park offers ample parking, high visibility, and close proximity to major transportation routes. Surrounded by other businesses, retailers, and restaurants, this property represents an excellent opportunity for owner/users and investors seeking an investment in the dynamic Tempe market.

FOR SALE DETAILS

PRICE

$1,999,500 USD

PRICE/SF

$345 USD /SF

CAP RATE

2.26%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tempe Crossing II - Executive Suites

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

PCC-1, City of Tempe

APN/PARCEL ID

308-16-051

ASK ABOUT THIS PROPERTY

Matt ZaccardiCommercial Properties, Inc.More Info
602-561-1339

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Matt ZaccardiCommercial Properties, Inc.More Info
602-561-1339

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