7665 S Research Dr - Office FOR SALE


Tempe, AZ 85284- South Tempe
$5,250,000 USD
480-221-4221
7665 S Research Dr, Tempe, AZ for Sale
$5,250,000 USD
Office - FOR SALE
1/11
null | 7.5% Cap Rate

7665 S Research Dr
Tempe, AZ 85284
South Tempe


HIGHLIGHTS

  • Brand New 10-Year Lease | Options to Extend | 2% Annual Rental Increases | Corporate Signature
  • Significant Improvements Completed 2024-2025 | $1.06M+ Total Investment
  • Leasehold Interest | NNN Lease Structure | Minimal Landlord Responsibilities
  • Adjacent To Action Behavior Centers HQ 2.0
  • Situated Within The Arizona State University Research Park
  • Direct Residential Base | Strong Demographics In Trade Area

OVERVIEW

The property is located directly across the street from Action Behavior Centers’ second corporate headquarters (“HQ 2.0”), underscoring the tenant’s operational commitment to this location. Positioned at the signalized, hard corner intersection of E. Elliot Road (33,700 VPD) and S. River Parkway (5,300 VPD), just off State Highway 101 (157,700 VPD), offering excellent visibility and access. As part of the ASU Research Park, home to 51 companies and over 6,700 employees, the site benefits from a professional, campus-like environment. Proximity to leading life sciences and behavioral health organizations fosters collaboration, referrals, and patient demand, strengthening tenant performance. The 5-mile trade area is supported by over 387,200 residents and 208,800 employees, with average household incomes exceeding $154,000 within one mile. Surrounded by established multifamily communities and located in the fast-growing Phoenix MSA, the property is well-positioned to benefit from continued population growth, economic expansion, and long-term demand for behavioral health services.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$505 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Action Behavior Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

AG

APN/PARCEL ID

301-53-306

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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