602-526-9499
1250 E Baseline Rd, Tempe, AZ for Sale
Office - FOR SALE
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1250 E Baseline Rd
Tempe, AZ 85283
The Lakes


HIGHLIGHTS

  • Multi-tenant office property with 45% occupancy and strong income potential.
  • Conveniently located on Baseline Road with easy access to US-60 and major Tempe thoroughfares.
  • Qualifies for SBA financing, ideal for owner-users seeking favorable loan terms.
  • Features two stories with elevator service, a well-maintained courtyard, and 20 covered parking spaces.
  • Recent capital improvements include new roof underlayment and parking lot resurfacing in 2022.
  • Each suite includes private restrooms; building suitable for both office and medical uses.

OVERVIEW

East Baseline Professional Plaza offers a compelling investment opportunity in the growing Tempe market. This well-maintained two-story, multi-tenant office building spans over 10,000 square feet and sits on an expansive ±32,670 SF parcel with a favorable parking ratio of 5/1,000 SF, including 20 covered spaces. The location provides excellent visibility along East Baseline Road, situated just a half-mile south of US-60 and near major arterials including Rural Road and McClintock Drive, ensuring strong connectivity to Tempe, Chandler, Mesa, and Phoenix. Designed for professional or medical office users, the property features wood frame and stucco construction, an elevator, and a professionally landscaped courtyard. Approximately 45% of the building is currently leased, creating immediate in-place income with additional upside potential through lease-up. SBA financing eligibility enhances acquisition accessibility for owner/users, while existing tenancy provides a foundation for stable cash flow. Recent upgrades, such as a new roof underlayment and parking lot coating completed in 2022, reduce near-term capital expenditures. With proximity to employment hubs, retail amenities, and Arizona State University, this property delivers both immediate income and long-term appreciation potential. Investors and owner-users alike will benefit from its prominent frontage, user flexibility, and strong East Valley location dynamics.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

East Baseline Professional Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

PCC-2

APN/PARCEL ID

133-38-003B

ASK ABOUT THIS PROPERTY

John HartCommercial Properties, Inc.More Info
602-526-9499

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John HartCommercial Properties, Inc.More Info
602-526-9499

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.