8700 S Price Road offers a rare opportunity to lease premier office space in the heart of Tempe’s ASU Research Park, a 320-acre innovation hub known as the “Silicon Desert.” This Class A, two-story building spans ±132,070 RSF and is designed to accommodate both single-use and multi-tenant configurations, with minimum demising plans starting at ±13,500 RSF.
The building features a robust infrastructure including reinforced concrete slab foundation, structural steel framing, and a sealed membrane roof. Interiors are finished with a mix of polished concrete, laminate wood plank, tile, and commercial-grade carpet, complemented by 2x2 acoustical tile ceilings and aluminum-framed glass windows. Tenants benefit from a full-service cafeteria with outdoor patio seating overlooking the lake, and a solar energy system rated at 970 KW installed on both the roof and covered parking canopies.
Strategically located with immediate access to Loop 101, the property offers freeway visibility and connectivity to a population of nearly three million within a 30-minute commute. The surrounding area includes over 11 million SF of retail, dining, and entertainment options, as well as proximity to major employers such as Amazon, ASU, Amkor, and Honeywell.
With a parking ratio of 5.47/1,000 SF (723 total spaces), including 435 covered stalls—321 of which are solar-covered—this site is ideal for companies seeking sustainability, visibility, and access to top-tier talent. The Southeast Valley’s reputation as a tech magnet makes this location especially attractive for firms in software, biotech, aerospace, and advanced manufacturing.