• Trophy historical property with highly functional, modern improvements in an irreplaceable location. • Rare opportunity to acquire a 100% occupied building—listed on the National Register of Historic Places—in an exceptional and nationally-renown walkable/infill location. • Two thriving tenants occupy the building; Devil’s Hideaway, a bar/restaurant concept on the ground floor and Serenity Wellness on the second floor. • Located in Tempe’s Mill Avenue Entertainment District, one of the Valley’s hottest infill locations. • Adjacent to the nation’s largest university, Arizona State University (ASU). • The combination of this prime location at the center of Downtown Tempe’s walkable Mill Avenue Entertainment District, serving ASU, and coupled with its first-class status as a business address, provide unparalleled long-term investment viability. • North Tempe is a flourishing office market commands the 2nd highest rental rates in metro Phoenix and packed with major corporations such as State Farm, Microsoft, KPMG, Amazon, NortonLifeLock, Carvana, Deloitte and ADP. • Highly desirable ‘transit’ location within walking distance to a Metro Light Rail station and the Tempe Streetcar stop at 3rd Street and Mill Avenue. • Downtown Tempe is land locked with limited develop-able sites (most are planned for residential towers). Office and retail demand currently exceeds supply and upward pressure on lease rates is expected to persist long-term.