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425 S Mill Ave
Tempe, AZ 85281
Downtown Tempe Loft Offices · Office Property For Sale
Investment Highlights
- Ideal Owner-User, Creative Loft Office Opportunity - With ground floor retail/restaurant amenities
- Walking Distance to Arizona State University
- Signage and Branding - High-visibility storefront 30,000+ pedestrians/day
- High Quality Development - Utilizing institutional quality building materials and design
Executive Summary
Newmark is pleased to present the fee simple interest in 425 South Mill Avenue (the "Property", a rare four-story mixed-use asset in Downtown Tempe offering an owner-user the chance to establish a branded office presence in one of Metro Phoenix's most supply-constrained urban submarkets.?
The Property's creative loft-style office improvements provide an ideal headquarters environment with strong branding potential and a dynamic, urban feel.? An owner-user has the ability to occupy a premier office presence while activating the ground floor retail space, creating both income generation and long-term value.?
The Property's creative loft-style office improvements provide an ideal headquarters environment with strong branding potential and a dynamic, urban feel.? An owner-user has the ability to occupy a premier office presence while activating the ground floor retail space, creating both income generation and long-term value.?
Property Facts
Sale Type
Owner User
Property Type
Building Size
22,704 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,676 SF
Building FAR
1.86
Lot Size
0.28 AC
Zoning
CC - CC; Commercial
Amenities
- Roof Terrace
Property Taxes
| Parcel Number | 132-28-931 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $957,650 CAD |
Property Taxes
Parcel Number
132-28-931
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$957,650 CAD
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