For Sale
$1,300,000

605 Broadway Rd Tempe, AZ 85282

Medical Office Building, Excellent Location, Seller Financing

Overview

Added:
Feb 3
Days on market:
84
This exceptional investment opportunity presents a В±4,233 square foot medical office building situated on a В±19,602 square foot lot at 605 E Broadway Road, Unit 605, Tempe, AZ. The property, encompassing parcels 133-25-070 and 133-25-071, boasts significant tenant improvements completed within the last five years, ensuring a modern and functional space. The building, constructed in 1977, benefits from a recently recoated roof (2020) and a fenced lot, providing security and peace of mind. Ample parking is available, with a ratio of approximately 4.66 spaces per 1,000 square feet. The property's prime location offers excellent visibility, enhanced by prominent monument signage on E. Broadway Road. Its proximity to Arizona State University, Downtown Tempe, and major transportation arteries like I-202 and Loop 101 ensures high traffic and accessibility. The property is zoned CSS and is offered at $1,300,000. Seller financing is available for qualified buyers, subject to seller approval, making this an attractive proposition for investors seeking a strong return on investment in a thriving Tempe location. This is a rare opportunity to acquire a well-maintained, strategically located medical office building with significant upside potential.

Property Details for 605 Broadway Rd

Property type
Commercial real estate
Year Built
1977
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Tempe
County
Maricopa
State
Arizona
Latitude
33.40727
Longitude
-111.9286

FAQs

What type of property is this?
Commercial real estate - Medical Office Building, Excellent Location, Seller Financing
Where is the commercial real estate located?
The property is located at 605 Broadway Rd Tempe, AZ.
What is the asking price?
The asking price for this property is $1,300,000.
How can I contact the broker?
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605 Broadway Rd
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