Multi-StoryOffice Projects

South Tempe / AhwatukeeAugust 17, 2016

Ref. No. / Building Photo / Property Name/ Address
Year Built / Total SF / Total Avail. SF
Suite Size / Occupancy / Asking Rate/SF / Parking Ratio / Last Sale / Ownership / Brokerage / Comments
/ Piedmont Place
9633 S. 48th Street
Phoenix, AZ
1999 / 69,000 / 18,582
1,637 - 1,847
2,269 - 2,525
2,572 - 2,699
5,033 / 73.1% / $17.90-$19.50
FSG / 3.3:1000 / February 2006
94.2% Leased
$11,550,000
($167.39/SF) / 48 Piedmont Place, LLC
Charles Meyer / /
  • Difficult Parking Ratio for Office
  • Set Back Among Larger Back Office Buildings

/ Ten Corporate Center
10201 & 10235 S. 51st Street
Phoenix, AZ
1987 (Renovated in 2015) / 71,112
(2 Buildings) / 30,573
655 – 1,345
1,670 - 2,218
2,456
13,189 / 57% / $16.00
FSG
+Electric / 4:1000 / March 2012
34%Leased
$4,025,000
($56.60/SF) / SSM Props II LLC
Richard Macleod / /
  • Complete Renovation in 2015
  • Freeway Exposure
  • Spec Suites

/ Freeway Executive Center I
10429 S. 51st Street
Phoenix, AZ
2001 / 42,000 / 4,919
4,919 / 75.8% / $21.00
FSG / 4:1000 / August 2002
91% Leased
$6,900,000
($164.29/SF) / AJ Chandler Freeway Center LLC / /
  • Second Floor – Executive Suites
  • Freeway Exposure

/ Grove Parkway Court
1553 W. Todd Drive
Tempe, AZ
1999 / 31,323 / 15,488
1,266 - 1,595
1,658
2,147
3,119
5,703 / 50.6% / $14.95
FSG / 4.1:1000 / January 2000
81% Leased
$3,525,000
($112.54/SF) / Donald G. Lyon Trust / /
  • No Visibility from Major Arterials
  • Tucked Back Among Industrial Buildings

/ Acacia Court
950 & 960 W. Elliot Road
Tempe, AZ
2000 / 104,300
(2 Buildings) / 14,022
1,428 - 1,466
2,033
3,514
5,581 / 86.5% / $23.00
FSG / 4.2:1000 / July 2011
77% Leased
(Distress Sale)
$9,500,000
($91.08/SF) / / /
  • One Building 100% Leased

/ Elliot Center
875 W. Elliot Road
Tempe, AZ
1998 (Under Renovation) / 215,320 / 182,920
28,923-107,660
28,000 -75,260 / 15.1% / $16.50 NNN / 6:1000
Expandable to 7:1000 / September 2013
87% Leased
$23,500,000
($105.00/SF) / / /
  • Building Undergoing Complete Overhaul
  • Creating Open Two Story Atrium Lobby
  • Updated Exterior

/ One Agave Center
8950 S. 52nd Street
Tempe, AZ
2000 / 77,432 / 23,719
3,835
4,395
2,500 – 6,688
3,500 – 8,840 / 69.4% / $23.50
FSG / 4:1000 / February 2014
60% Leased
$9,800,000
($126.56/SF) /
/ /
  • Freeway Frontage
  • Class “A” Building

/ Agave Corporate Center
1711 W. Greentree Drive
Tempe, AZ
1998 / 86,115 / 29,750
1,300 – 2,801
1,711
2,643
3,233
3,416
3,489
3,740
3,959
4,758 / 68.7% / $24.00
FSG / 5:1000 / February 2014
98% Leased
$29,593,000
($134.67/SF)
5 Building Portfolio / / /
  • One of Five Buildings -Agave Center
  • Two-Story Office Building
  • New Spec Suites

/ Kyrene Office Suites
605 West Knox Road
Tempe, AZ
2006 / 20,573 / 15,200
1,318
2,882
2,882 – 11,100 / 26% / $24.00
FSG / 3.5:1000 / November 2006
100% Leased
$3,312,020
($160.99/SF) / Kyrene Office Suites LLC / /
  • Difficult Parking Ratio for Office
  • Entire Second Floor Available

/ Chandler Midway
Bldg. I & J
5670- 5710 W. Chandler Blvd.
Chandler, AZ
2007 / 111,800 / 12,497
7,431
5,066 / 89% / $24.00
FSG / 5.5:1000 / December 2012
71% & 0% Leased
$10,100,000
($90.17/SF)
Portfolio Sale* / / /
  • Two +/-55,000 SF Two Story Bldgs.
  • Sale Included Both Buildings and a 30,000 SF Office Condo*
  • Sprint, NXP Semiconductor and QBE Insurance are Anchor Tenants

/ Chandler Pavilions
N. 56th & Galveston Street
Chandler, AZ
(PLANNED) / 360,000 / 360,000 / 0% / N/A / 6:1000 / N/A / Sunbelt Investment Holdings Inc. / /
  • Three Planned Buildings
  • (2) 2-story – 120,000 SF
  • 3-story – 120,000 SF

/ Foothills Gateway Corp Ctr.
4505 E. Chandler Boulevard
Phoenix, AZ
1998 / 67,466 / 17,057
2,365 - 2,820
2,281 - 4,761
3,224
3,887 / 74.7% / $22.00
FSG / 4:1000 / November 2013
48.2% Leased
$6,500,000
($96.34/SF)
REO Sale* / / /
  • Garden Style Office Building
  • Good Exposure on Chandler Blvd.

/ 4435 East Chandler Blvd.
4435 E. Chandler Blvd.
Phoenix, AZ
1996 / 29,835 / 12,581
2,211
3,195
7,175 / 57.8% / $18.00
FSG
+Electric / 4.56:1000 / April 1997
100% Leased
$4,350,000
($145.80/SF) / / /
  • Good Exposure on Chandler Blvd.

/ Foothills Center
3930 E. Ray Rd.
Phoenix, AZ
1998 / 43,030 / 20,915
1,372
2,316
17,227 / 96.7% / $17.00
FSG / 4:1000 / FOR SALE
$5,350,000
($129.84/SF) / / /
  • 17,227 SF Sublease Available
-Expires 10/2018
  • 2,316 SF Sublease Available
-Expires 5/2017
  • Located Among Retail & Residential

/ Chandler Corporate Center B
500 N. Juniper Drive
Chandler, AZ
2009 / 67,139 / 0 / 100% / $24.50
FSG / 7:1000 / July 2014
91.5% Leased
$13,914,000
($205.95/SF) / / /
  • Not Shown on Map (West)
  • Currently on Market

/ Chandler Corporate Center A
585 N. Juniper Drive
Chandler, AZ
2008 / 67,561 / 14,617
5,747
8,870 / 91.5% / $24.50
FSG / 6:1000 / December 2014
100% Leased
$14,500,000
($211.86/SF) / / /
  • Spectrasoft Subleasing 8,870 SF
-Expires 3/2020 – Asking $22.00/SF
  • Not Shown on Map (West)
  • Currently on Market

TOTALS:

Information contained herein has been obtained from the owner of the property or from other sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.Page 1 of 3