Action Behavior Center | Tempe, AZ
Brand New 10-Year Lease | 2% Annual Rental Increases | Situated Within The ASU Research Park
Marketing description
The property is located directly across the street from Action Behavior Centers’ second corporate headquarters (“HQ 2.0”), underscoring the tenant’s operational commitment to this location. Positioned at the signalized, hard corner intersection of E. Elliot Road (33,700 VPD) and S. River Parkway (5,300 VPD), just off State Highway 101 (157,700 VPD), offering excellent visibility and access. As part of the ASU Research Park, home to 51 companies and over 6,700 employees, the site benefits from a professional, campus-like environment. Proximity to leading life sciences and behavioral health organizations fosters collaboration, referrals, and patient demand, strengthening tenant performance. The 5-mile trade area is supported by over 387,200 residents and 208,800 employees, with average household incomes exceeding $154,000 within one mile. Surrounded by established multifamily communities and located in the fast-growing Phoenix MSA, the property is well-positioned to benefit from continued population growth, economic expansion, and long-term demand for behavioral health services.
Investment highlights
Leasehold ownership with the right to lease extending 98 with option periods
New 10-year lease with 2 (5-year) renewal options
2% annual rental increases
Over $1.06M investments into the property through a combination of landlord and tenant improvements between 2024 to 2025
Located directly across the street from Action Behavior Centers’ second corporate headquarters (“HQ 2.0”)
Situated within the Arizona State University (ASU) Research Park with over 6,700 employees across 51 companies
Surrounded by established residential complexes like The Village at College Park (40 units), Tre Allagio (57 units), and Chandler Meadows (200 units)
Supported by over 387,200 residents (AHHI $112,272) and 208,800 employees in the 5-mile trade area
Sits at the signalized hard corner intersection of S. River Parkway (5,300 VPD) and E. Elliot Road (33,700 VPD)
Just steps from the signalized junction of Elliot Road and State Highway 101 (157,700 VPD)
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