Listed by Cushman & Wakefield - Phoenix, Arizona
$9,700,000
8333 S. River Parkway
Details
APN 301-53-318
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 97,686
Price per SqFt $99
Year Built 1995
Buildings 1
Stories 2
Acreage 13.790
Zoning AG
Parking Spaces 537 per 1,000 sq ft
Investment Type Owner/User
Ground Lease Yes
Value-Add and/or Owner/User office building located in the prestigious ASU Research Park | 97,686 SF
Investment highlights
- 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 Communications, Amkor, Fox Sports, Viasat, Cytec Engineered Materials, and soon Avnet.
- 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.
Listing Contacts
Listed by Cushman & Wakefield - Phoenix, Arizona
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