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5054 South Price Road, Tempe, AZ 85282
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- Property Type Retail - Strip/Convenience
- Property Size 70,085 SF
- Lot Size 7.26 Acre
- Property Tenancy Multi-Tenant
- Year Built 1976
- City Tempe, AZ
- Neighborhood Shalimar
- Zip Code 85282
- Market Phoenix
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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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.
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 (SF) 638,684
Tempe Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $382.30
- Y-o-Y Avg. PpSF Change 35.25%
- 2020 Office Sales Volume $389.6M
- 2020 Number of Transactions 9
- Property Tax in 2021 $207,940
- Market Value* $14,525,000
- Assessed Value $14,525,000
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of Tempe Plaza?
Tempe Plaza totals 70,085 square feet.
When was this property built?
Tempe Plaza was built in 1976.
When was Tempe Plaza last sold?
Tempe Plaza was last sold on 08 Dec, 2021.
What is the property tax for Tempe Plaza?
The property tax for Tempe Plaza in 2021 was $207,940.
What is the market value for Tempe Plaza?
The market value* for Tempe Plaza in 2021 was $14,525,000.
*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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