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.