9280 Kyrene RdTempe, AZ 85284

Property Details for 9280 Kyrene Rd

Year built

1998

Construction

CONCRETE

Lot size

1.26 AC

Property size (Sq ft)

31,962 SF

Zone code

GID

Property type

Office buildings

APN

301-60-069A

APU

30160069A

Description

This single-story, 31,962 square foot Class B office building, constructed in 1998 and renovated in 2017, presents a unique leasing opportunity in Tempe, Arizona. Located at 9280 S Kyrene Rd, at the intersection of Kyrene and Warner Roads, this property boasts a modern architectural design with excellent Kyrene Road frontage and convenient access. Currently, 5,341 square feet of space is available for lease within this multi-tenant building. The building's prime location offers easy access to major transportation arteries, including Interstate 10 (¾ mile east) and Sky Harbor International Airport (10 minutes away). A wealth of amenities are within a five-minute radius, including the Pointe at South Mountain Resort, Arizona Mills Regional Mall, Ahwatukee Foothills Town Center, ASU Research Park, championship golf courses, hotels, restaurants, and entertainment venues. The area is also home to major employers such as Intel, Motorola, and Honeywell. The property's APN is 301-60-085-A, 301-60-069-A, and is situated in the Tempe submarket of Maricopa County. This is an exceptional opportunity to secure office space in a thriving and well-connected area. The building features one story and is located in the 85284 zip code.

• CAP approach

  CAP return

  Valuation

  6%

  $4,973,502

  6.5%

  $4,590,925

  7%

  $4,263,002

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,926,942

  Geo Method

  $4,926,942

• Alternative Use

  Use

  Valuation

  Residential

  $5,692,747

  Hospitality

  $5,214,526

  Educational

  $4,338,424

  Medical

  $4,487,629

  Retail

  $6,748,660

Location Insight

City

Tempe

County

Maricopa

State

Arizona

Latitude

33.3293

Longitude

-111.946

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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