8333 S River Parkway | 8333 S River Pky
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8333 S River Parkway 8333 S River Pky
127,916 SF Office Building Tempe, AZ 85284 $20,578,562 CAD ($161 CAD/SF)
Investment Highlights
- Prestigious location within the prized Arizona State University (ASU) Research Park.
- Massive state-of-the-art commercial kitchen that was renovated in 2022 and features an extensive restaurant/dining area with lake views.
- Immediate access to the Loop 101 to take advantage of the location at the midpoint between downtown Tempe and the Price Corridor.
- Attractive two-story lobby with expansive glass-curtain wall providing ample natural light and views of the adjacent lake.
- 200-person auditorium, a divisible lecture room, several large conference rooms, a combination of open office areas and classrooms throughout.
Executive Summary
- 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.
- 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.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
127,916 SF
Building Class
B
Year Built
1996
Price
$20,578,562 CAD
Price Per SF
$161 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
48,843 SF
Building FAR
0.21
Land Acres
13.79 AC
Zoning
AG, Tempe - Agricultural
Parking
537 Spaces (5.5 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 301-53-318 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,020,760 CAD |
PROPERTY TAXES
Parcel Number
301-53-318
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,020,760 CAD
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Eric Wichterman -
Peter Menna -
Michael Coover -
Stephanie Adams -
Diana Hernandez -
Cushman & Wakefield
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8333 S River Parkway | 8333 S River Pky
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