1140-1150 South Priest Drive

Off-Market

1140 South Priest Drive, Tempe, AZ 85281

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 32,114 SF
  • Lot Size 3.15 Acre
  • Parking Spaces Avail. 160
  • Parking Ratio 5.01 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1981

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 29 Oct, 2004
  • Purchase Price
  • Arm's Length True
  • 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.

  • 2022 Avg. Asking Rent $27.62
  • 2022 Office Vacancy Rate 17.50%
  • 2022 Office Completions (SF) 739,253

Tempe Office Sales Trends

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

  • 2022 Avg. Price per SF $188.17
  • Y-o-Y Avg. PpSF Change -22.32%
  • 2022 Office Sales Volume $194.2M
  • 2022 Number of Transactions 22
View more Tempe market trends

Location

Getting Around

  • Walk Score ®

    53/100 Somewhat Walkable

  • Transit Score ®

    45/100 Some Transit

  • Bike Score ®

    75/100 Very Bikeable
Powered by Walk Score ®
  • City Tempe, AZ
  • Neighborhood Peterson Park
  • Zip Code 85281
  • Market Phoenix

Points of Interest

  • University Dr / Ash Ave

    1.17 miles

  • 5th St / Ash Ave

    1.21 miles

  • 11th St / Mill Ave

    1.25 miles

  • 9th St / Mill Ave

    1.28 miles

  • 3rd St / Ash Ave

    1.31 miles

  • 6th St / Mill Ave

    1.38 miles

  • Mill Ave/ 3rd St

    1.43 miles

  • Tempe Beach Park / Rio Salado Pkwy

    1.47 miles

  • 3rd St / Mill Ave

    1.48 miles

  • College Ave / Apache Blvd

    1.51 miles

  • Shell

    0.37 miles

  • Circle K

    0.59 miles

  • QuikTrip

    0.61 miles

  • Arco

    0.70 miles

  • Blink

    0.74 miles

  • Circle K

    0.79 miles

  • Circle K

    1.09 miles

  • Chevron

    1.20 miles

  • Circle K

    1.64 miles

  • QuikTrip

    1.87 miles

  • Centerpoint

    1.22 miles

  • CVS Parking Lot

    1.26 miles

  • Gammage Auditorium Parking

    1.31 miles

  • 10th St. Parking Structure

    1.39 miles

  • City Hall Visitor's Parking

    1.43 miles

  • University Towers Parking Structure

    1.57 miles

  • Fulton Center Parking Structure

    1.63 miles

  • Hayden Ferry Lakeside Parking Garage

    1.65 miles

  • East Overflow Lot

    1.68 miles

  • Parking Lot 27

    1.74 miles

  • Motel 6 Tempe, AZ - Phoenix - Priest Dr

    0.48 miles

  • Hampton Inn & Suites Tempe - Phoenix Airport

    0.58 miles

  • Comfort Suites Phoenix Airport

    0.60 miles

  • Ambery Phoenix Airport Hotel Tempe

    0.63 miles

  • Red Roof Inn Tempe - Phoenix Airport

    0.67 miles

  • DoubleTree by Hilton Phoenix Tempe

    0.69 miles

  • Extended Stay America - Phoenix - Airport - Tempe

    0.70 miles

  • Fairfield Inn & Suites by Marriott Phoenix Tempe/Airport

    0.84 miles

  • Hyatt Place Tempe/Phoenix Airport

    0.87 miles

  • SpringHill Suites Phoenix/Tempe Airport

    0.87 miles

  • Dunkin'

    0.35 miles

  • Tokyo Stop

    0.35 miles

  • Taco Bell

    0.41 miles

  • Rally's

    0.42 miles

  • Arizona Sandwich Company & Catering

    0.57 miles

  • Jack in the Box

    0.60 miles

  • Harlow's Cafe

    0.60 miles

  • Denny's

    0.64 miles

  • McDonald's

    0.66 miles

  • Cafe Lalibella

    0.66 miles

  • Gililland Middle School

    0.38 miles

  • Holdeman Elementary School

    0.44 miles

  • Scales Professional Development School

    0.69 miles

  • Rio Salado College

    0.75 miles

  • Tempe High School

    1.21 miles

  • Arizona State University - Tempe Campus

    1.50 miles

  • Global Institute of Sustainability

    1.55 miles

  • Student Pavilion

    1.61 miles

  • Tempe Academy for International Studies--McKemy Campus

    1.72 miles

  • Westmark High School

    1.72 miles

  • Little Rascals Learning Center

    1.99 miles

  • Little Rascals Learning Center

    2.19 miles

  • Mill Avenue Preschool

    2.54 miles

  • Sunrise Preschool Tempe

    3.05 miles

  • Valley Child Care & Learning Center

    3.84 miles

  • Calvary Christian Preschool & Daycare

    4.42 miles

  • Best Friends Preschool

    4.88 miles

  • Today’s Tomorrow Learning Center

    5.31 miles

  • Tutor Time

    5.60 miles

  • Kiddie Kampus

    5.63 miles

Frequently Asked Questions

What is the total square footage of 1140-1150 South Priest Drive?

1140-1150 South Priest Drive totals 32,114 square feet.

When was this property built?

1140-1150 South Priest Drive was built in 1981.

When was 1140-1150 South Priest Drive last sold?

1140-1150 South Priest Drive was last sold on 29 Oct, 2004.

What is the property tax for 1140-1150 South Priest Drive?

The property tax for 1140-1150 South Priest Drive in 2022 was $54,684.

What is the market value for 1140-1150 South Priest Drive?

The market value* for 1140-1150 South Priest Drive in 2022 was $2,905,200.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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