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2145 East Baseline Road - Availability Details

Off-Market

2145 East Baseline Road, Tempe, AZ 85283

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  • Property Type Office - Creative Office
  • Property Size 44,359 Sqft
  • Lot Size 5.17 Acre
  • Parking Spaces Avail. 341
  • Parking Ratio 7.70/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 2019

Location

  • City Tempe, AZ
  • Neighborhood Optimist Park
  • Zip Code 85283
  • Market Phoenix

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 15 Jan, 2021
  • Purchase Price $6,350,000
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Tempe

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Tempe Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $26.99
  • 2020 Office Vacancy Rate 10.86 %
  • 2020 Office Completions (Sqft) 638,684

Tempe Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $382.30
  • Y-o-Y Avg. PpSF Change 35.25 %
  • 2020 Office Sales Volume $389.6M
  • 2020 Number of Transactions 9
View more Tempe market trends

Tax

  • Property Tax in 2020 $100,010
  • Market Value $4,200,300
  • Assessed Value $4,200,300

Find more tax info, including assessment history and abatements, on CommercialEdge