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8700 S Price Rd 13,500 - 132,070 SF of Office Space Available in Tempe, AZ 85284

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HIGHLIGHTS

  • Located within the ASU Research Park
  • Solar panels on covered parking stalls and roof of building. Solar system rated at 970 KW
  • Flexible pricing structure
  • 5:1,000 parking with covered, reserved parking spaces
  • Full-service cafeteria with outdoor patio seating on the lake

ALL AVAILABLE SPACES(2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 13,500-66,035 SF
  • 3-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • 30 Days

1st floor office space located in within the ASU Research Park in Tempe.

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Partitioned Offices
  • Finished Ceilings: 10’
  • Central Air Conditioning
  • Security System
  • Bicycle Storage
  • Wheelchair Accessible
  • Fully Built-Out as Standard Office
  • Fits 34 - 529 People
  • Conference Rooms
  • Can be combined with additional space(s) for up to 132,070 SF of adjacent space
  • Private Restrooms
  • Exposed Ceiling
  • Open-Plan
  • Excellent access to major freeways
  • 2nd Floor
  • 25,000-66,035 SF
  • 3-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • 30 Days

1st floor office space located in within the ASU Research Park in Tempe.

  • Fully Built-Out as Standard Office
  • Fits 63 - 529 People
  • Can be combined with additional space(s) for up to 132,070 SF of adjacent space
  • Private Restrooms
  • Mostly Open Floor Plan Layout
  • Finished Ceilings: 10’
  • Central Air Conditioning
  • Excellent access to major freeways
Space Size Term Rental Rate Space Use Condition Available
1st Floor 13,500-66,035 SF 3-10 Years Upon Request Upon Request Upon Request Upon Request Office Full Build-Out 30 Days
2nd Floor 25,000-66,035 SF 3-10 Years Upon Request Upon Request Upon Request Upon Request Office Full Build-Out 30 Days

1st Floor

Size
13,500-66,035 SF
Term
3-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
30 Days

2nd Floor

Size
25,000-66,035 SF
Term
3-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 13,500-66,035 SF
Term 3-10 Years
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available 30 Days

1st floor office space located in within the ASU Research Park in Tempe.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Fits 34 - 529 People
  • Partitioned Offices
  • Conference Rooms
  • Finished Ceilings: 10’
  • Can be combined with additional space(s) for up to 132,070 SF of adjacent space
  • Central Air Conditioning
  • Private Restrooms
  • Security System
  • Exposed Ceiling
  • Bicycle Storage
  • Open-Plan
  • Wheelchair Accessible
  • Excellent access to major freeways

2nd Floor

Size 25,000-66,035 SF
Term 3-10 Years
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available 30 Days

1st floor office space located in within the ASU Research Park in Tempe.

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Fits 63 - 529 People
  • Finished Ceilings: 10’
  • Can be combined with additional space(s) for up to 132,070 SF of adjacent space
  • Central Air Conditioning
  • Private Restrooms
  • Excellent access to major freeways

PROPERTY OVERVIEW

8700 S Price Road offers a rare opportunity to lease premier office space in the heart of Tempe’s ASU Research Park, a 320-acre innovation hub known as the “Silicon Desert.” This Class A, two-story building spans ±132,070 RSF and is designed to accommodate both single-use and multi-tenant configurations, with minimum demising plans starting at ±13,500 RSF. The building features a robust infrastructure including reinforced concrete slab foundation, structural steel framing, and a sealed membrane roof. Interiors are finished with a mix of polished concrete, laminate wood plank, tile, and commercial-grade carpet, complemented by 2x2 acoustical tile ceilings and aluminum-framed glass windows. Tenants benefit from a full-service cafeteria with outdoor patio seating overlooking the lake, and a solar energy system rated at 970 KW installed on both the roof and covered parking canopies. Strategically located with immediate access to Loop 101, the property offers freeway visibility and connectivity to a population of nearly three million within a 30-minute commute. The surrounding area includes over 11 million SF of retail, dining, and entertainment options, as well as proximity to major employers such as Amazon, ASU, Amkor, and Honeywell. With a parking ratio of 5.47/1,000 SF (723 total spaces), including 435 covered stalls—321 of which are solar-covered—this site is ideal for companies seeking sustainability, visibility, and access to top-tier talent. The Southeast Valley’s reputation as a tech magnet makes this location especially attractive for firms in software, biotech, aerospace, and advanced manufacturing.

  • 24 Hour Access
  • Atrium
  • Conferencing Facility
  • Food Service
  • Pond
  • Security System
  • Signage
  • Waterfront
  • Car Charging Station
  • Plug & Play
  • Outdoor Seating
  • Air Conditioning

PROPERTY FACTS

Building Type
Office
Year Built
2000
Building Height
2 Stories
Building Size
132,070 SF
Building Class
B
Typical Floor Size
66,035 SF
Unfinished Ceiling Height
15’
Parking
695 Surface Parking Spaces
80 Covered Parking Spaces

MARKETING BROCHURE

Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

ABOUT SOUTH TEMPE & AHWATUKEE

Although a relatively small community, the South Tempe and Ahwatukee area is a premier location for top-tier office tenants looking to draw from the vast and highly educated labor pool of the Phoenix metropolitan area's East Valley. The neighborhood has become a hotbed for cutting-edge technology, financial and advanced manufacturing firms over the past several years. Its proximity to the I-10, Loop 101 and Loop 202 highways and Phoenix Sky Harbor International Airport makes it easily accessible and attractive to office renters. Prominent tenants include Amazon, Verizon Wireless, Allstate Insurance and Toyota Financial Services.

The area is also home to Arizona State University's Research Park and the Discovery Business Campus along Elliot Road and Loop 101 and includes a lineup of national companies such as Northern Trust, Amkor, Fox Media Center, Go Daddy, ViaSat and Edward Jones.

Large tenants choosing to plant roots here are making use of both the area's existing offices and the opportunity to build custom campuses. In early 2019, Northern Trust added 200,000 square feet to its build-to-suit Discovery Business Campus space, which houses more than 1,000 employees, while JPMorgan Chase moved 2,000 employees—many of whom relocated from the firm's downtown Phoenix office—to its new corporate campus in the neighborhood.

Rents are more affordable here than in neighboring Tempe. Robust demand and moderate levels of new supply have tightened vacancies well below South Tempe's long-term average, and steady compression of vacancies has given landlords leverage to push up rents.

LEASING TEAM

LEASING TEAM

Charles Miscio, Senior Vice President
Charles Miscio is a Senior Vice President with CBRE, specializing in office leasing across Metro Phoenix. He has been involved in the leasing, sale, development, repositioning, and marketing of some of the most iconic office properties in Midtown and Downtown Phoenix. Charles comes armed with 35 years of industry experience and he maintains long-standing relationships with some of the nation’s most distinguished commercial real estate owners. Through his innovative repositioning and marketing strategies, Charles creates exceptional added value to his clients, which results in increased occupancy levels and rental rates.

Charles started his career in commercial real estate in Washington D.C. before relocating to Phoenix in 1994. In 2001, he joined CBRE, but left to pursue other opportunities, one of which was at Colliers International where he spent 12 years. While at Colliers, Charles was involved in several notable projects, including the redevelopment of Park Central Mall and Sky Harbor Towers. He also served as a trusted advisor to several corporations as they purchased properties, one of which was to USAA during the acquisition of their corporate campus in Deer Valley. In 2019, Charles made a welcome return to CBRE.

Charles is a Level 4 hockey coach and has coached ±30 competitive hockey teams cross Metropolitan Phoenix. He serves as Head Coach/Director of Hockey at Notre Dame Preparatory in Scottsdale, AZ.
Luke Walker, Senior Vice President
Renowned for his enduring commitment to clients and loyal, long-standing relationships, Luke exceeds his reputation as one of the most tenacious professionals in the Phoenix metropolitan commercial market.  Luke’s overall success is a direct result of his undying determination and aggressive follow-up.    Together with CBRE Global Corporate Services, he is able to provide clients with unparalleled market knowledge when establishing a new presence in Phoenix or evaluating their relocation options in the market. Over time, these efforts have enabled Luke to sharpen his broad knowledge-base which has proven to be instrumental in leasing, underwriting, acquisitions, and dispositions of high profile properties. This has also allowed him to diversify his expertise working both the Agency and Tenant representation side, ultimately resulting in the opportunity to work with larger corporate users both nationally and locally, as well as smaller, local firms in his specialty markets.  A few of the clients Luke has assisted in this capacity include General Dynamics, Verizon, American Express, Cox Communications and Vanguard.
  • Listing ID: 31728986

  • Date on Market: 2024-05-07

  • Last Updated:

  • Address: 8700 S Price Rd, Tempe, AZ 85284

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