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Investment Highlights

  • High-end finishes throughout the space.
  • Conveniently located in South Tempe on Priest just north of Warner.

1 Unit Available

Unit 101

Unit Size 3,000 SF
Price $1,528,663 CAD
Price Per SF $509.55 CAD
Condo Use Office
Sale Type Investment
Cap Rate 5.48%
NOI $83,829.63 CAD
Sale Conditions 1031 Exchange
APN/Parcel ID 301-53-233
Description

APN: 301-53-233

Sale Notes

State Farm 5 year lease in place and expires 3/31/2027. Buyer must participate in an open ended 1031 Exchange.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 6,001 SF
Property Type Office (Condo)
Building Class B
Floors 1
Typical Floor Size 3,062 SF
Year Built 2008
Lot Size 0.14 AC
Parking Ratio 6.53/1,000 SF
Zoning PCC-1, Tempe - PCC-1, Tempe - Planned Community Center

Amenities

  • Kitchen
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 37371502

  • Date on Market: 2025-08-21

  • Last Updated:

  • Address: 8601 S Priest Dr, Tempe, AZ 85284

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