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34405581
34405584

1631 E Guadalupe Rd, Tempe, AZ 85283 For Sale

JS
AZ AZ SA625844000
CBRE - Phoenix
JP
AZ SA664020000
CBRE - Phoenix
Listed by CBRE - Phoenix
$1,618,890
3 days on market
Updated 3 days ago

Forbes Office Building

Details
APN 301-48-010R
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 8,302
NOI $79,692
Occupancy 81.42%
Tenancy Multi
Price per SqFt $195
Year Built 1987
Buildings 1
Stories 2
Acreage 0.520
Zoning C-0, Tempe
Parking Spaces 32 spaces
Parking per 1,000 SqFt 3.85
Investment Type Owner/User
Sale Condition For sale by owner

Office | 8,302 SqFt

Marketing description

Forbes Office Building located at 1631 E Guadalupe Rd is offering a unique owner/user or investment opportunity. User can occupy Suites 100/102 (±2,610 SF) and Suite 200 (±1,543 SF) for a total of ±4,153 SF. Suites are move in ready and include their own restroom.

Each office is well-maintained, with ample natural lighting and ergonomic furniture to ensure a conducive working environment. The building also includes shared spaces such as conference rooms, break areas, and a reception area to support collaboration and client interactions. The parking lot and landscaping have recently been updated.

The property is situated in a vibrant, accessible location close to major freeways I-10, SR 60 and Loop 101. It's strategically positioned near key infrastructure, making it convenient for commuting and daily activities.

Ideal for businesses looking to benefit from the area's vibrant economic environment surrounded by a variety of essential service-oriented amenities and businesses including shopping, dining, healthcare along with educational institutions such as Arizona State University.

Investment highlights

  • Business Expansion: The location's strategic positioning and high foot traffic make it suitable for businesses looking to expand.
  • Connectivity: Excellent road and highway access facilitate ease of transportation from I-10, SR 60 and Loop 101.
  • Commercial Activity: Surrounded by a variety of retail, dining, essential service-oriented amenities and businesses.
  • High Foot Traffic: The bustling neighborhood ensures a constant flow of potential customers.
  • Close Educational Institutions: In close proximity to Arizona State University which benefits from a large student and faculty population.
  • Highly visible monument signage
  • User can occupy Suites 100/102 (±2,610 SF) and Suite 200 (±1,543 SF) for a total of ±4,153 SF
  • Suites are move in ready and include their own restroom
  • Parking lot and landscaping have recently been updated
  • 32 total parking spaces (8 covered)
  • 2-story office building built in 1987

Listing Contacts

JS
AZ AZ SA625844000
CBRE - Phoenix
JP
AZ SA664020000
CBRE - Phoenix
Listed by CBRE - Phoenix

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,692.08
$6,641.01/mo

Valuation Metrics

0
DSCR
4.92%
Cap Rate
4.92%
ROI

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Additional Information

Name
Jamie Swirtz
License
AZ SA625844000
Brokerage
CBRE
Title
SVP
Name
Joe Pequeno
License
SA664020000
Brokerage
CBRE
Brokerage Phone
6025100003
Title
Broker
Brokerage Address
2575 East Camelback Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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