480-425-5516
, Tempe, AZ for Sale
Office - FOR SALE
1/2
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8530-8550 S Priest Dr
Tempe, AZ
South Tempe


OVERVIEW

Transwestern, as exclusive advisor, is pleased to present the opportunity to acquire two ±94,480 SF, well-maintained two-story office buildings located within Emerald Center, one of Tempe’s most prestigious business parks. Situated on ±25.29 acres, the property includes a two-level freestanding parking structure providing parking for 917 vehicles, including 626 covered spaces. Originally constructed in 2003 and renovated in 2019, the buildings offer secure card access, chilled water HVAC systems, full wet sprinkler coverage, multiple passenger elevators, loading docks, small warehouse areas, and come fully furnished. The campus is enclosed by a block wall for added security and controlled access. In addition to its strong fundamentals and quality construction, the asset offers significant future development potential, with approximately ±12.64 acres of vacant, undeveloped land on-site. This surplus land provides an investor the opportunity to expand with additional low-rise office buildings, industrial flex, or other compatible uses supported by GID zoning (General Industrial District). With strong utility infrastructure and a location in a thriving Metro Phoenix market where office rents have seen steady growth and demand for suburban product remains high, this offering represents an exceptional opportunity to create additional value and scale in one of the region’s most sought-after corporate hubs.

ASK ABOUT THIS PROPERTY

Paul BorgesenTranswestern Real Estate ServicesMore Info
480-425-5516

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Paul BorgesenTranswestern Real Estate ServicesMore Info
480-425-5516

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