7320 Price Rd - Parking Lots & Garages FOR SALE


Tempe, AZ 85283- South Tempe
$4,000,000 USD
602-875-5000
7320 Price Rd, Tempe, AZ for Sale
$4,000,000 USD
Parking Lots & Garages - FOR SALE
1/2
null | Request Cap Rate

7320 Price Rd
Tempe, AZ 85283
South Tempe


HIGHLIGHTS

  • 600-stall above-grade parking structure positioned in South Tempe.
  • Immediate access to Loop 101 and convenient connections to US-60 and I-10.
  • Surrounding area features major business parks, retail amenities, and institutional anchors.
  • Robust Tempe economy with strong employment centers driving parking demand.

OVERVIEW

7320 Price Rd in Tempe, Arizona, presents an investment opportunity in a substantial above-grade parking structure accommodating 600 parking stalls. Located in a well-connected area of South Tempe, this asset is positioned within reach of major arterial routes that provide quick access to Downtown Tempe, the Phoenix metro area, and surrounding employment centers. The property offers dependable long-term demand drivers due to the area's continuing business development and high vehicular traffic corridors. This parking facility can serve multiple end users, including corporate campuses, mixed-use developers, and institutional tenants needing substantial parking capacity in a dense market. Tempe benefits from a diverse economy and is home to Arizona State University, robust tech and business clusters, and strong hospitality demand, all supporting ongoing utilization of structured parking assets. Access to Loop 101 and US-60 enhances connectivity to Phoenix Sky Harbor International Airport and greater regional destinations.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$8 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

PARKING GRARAGE

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Parking Lots & Garages

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.72 AC

LAND SF

162,034 SF

ZONING

GID

APN/PARCEL ID

301-49-834

ASK ABOUT THIS PROPERTY

Daniel PostalWentworth Property CompanyMore Info
602-875-5000

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Daniel PostalWentworth Property CompanyMore Info
602-875-5000

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