The Reserve at Papago

Off Market

1050 West Washington Street, Tempe, AZ 85281

  • Office
  • General Office
  • 84,230 Sqft

The Reserve at Papago, Tempe, AZ 85281 - Office Space

The Reserve at Papago is located at 1050 West Washington Street in the Rio neighborhood, AZ, Tempe, 85281. The Class A Office building was completed in 2007 and features a total of 84,230 Sqft.

There are 18 office spaces for lease in the Rio neighborhood, totaling 193,768 Sqft of available office space. The office space availability for the 85281 zip code is 1,825,816 Sqft, in 121 office spaces. The average asking office rent per sq. ft. in Rio is $29.88/sqft/year. For Class A office buildings the average office rate is $33.25/sqft/year, for Class B office buildings the average office rate is $26.5/sqft/year.

In Rio, there are 9 class A office buildings. In Rio, there are a total of 1 LEED certified office buildings. In 2007, the same year The Reserve at Papago was built, 3 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Tempe, featuring 1,643,917 square feet of commercial space. At zip code level, there are 131 commercial properties, of which 81 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • City Tempe
  • Neighborhood Rio
  • Zip Code 85281
  • Market Phoenix
  • Property Type Office - General Office
  • Property Size 84,230 Sqft
  • Lot Size 9.03 Acre
  • Parking Spaces Avail. 421
  • Parking Ratio 5.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2007
  • Date Updated 07 Apr, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com

FREQUENTLY ASKED QUESTIONS

What is the total square footage of The Reserve at Papago?

The Reserve at Papago totals 84,230 square feet.

When was this property built?

The Reserve at Papago was built in 2007.

Rio Demographics

The average household income in zip code 85281 is $49,843, from a total of 23,822 households. In terms of employment, there are 86.17 % white-collar and 13.83 % blue-collar jobs in zip code 85281.

Population

  • Total Population65,283
  • Male Population(55.3 %) 36,112
  • Female Population(44.7 %) 29,171
  • Median Age24.20

Income/Financial

  • Average Household Income$49,843
  • Median Household Income$35,682
  • Median Income Under 25$14,464
  • Median Income 25-44$47,934
  • Median Income 45-64$44,331
  • Median Income Over 65$37,185