$597
Tempe, AZ 85282
MLS# 6838404
Status: Closed
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Property Description
Under New Ownership and Renovations Underway! 1050 E. Southern Ave. is a quaint garden-style office complex in the heart of Tempe. Suite sizes range from 350 to 3,300 square feet, offering flexible options for a range of businesses, from financial services to real estate and medical offices. Enjoy the convenience of covered parking, high-speed internet, private restrooms, and beautifully landscaped surroundings with mature trees that create a serene and welcoming atmosphere. Ideally situated at Southern Avenue and Rural Road, the property has excellent accessibility. Located just 1/2 mile north of the US 60, 2 miles west of Loop 101, and under 10 minutes from Sky Harbor Airport. The property is also less than a 5-minute drive to Arizona State University and Downtown Tempe!
Details
Maps
Contract Info
Current Price: $597
Lease Price/HiSeason: 577
Status: Closed
List Date: 2025-03-20
Lease Type: Gross
Location Tax Legal
House Number: 1050
Compass: E
Street Name: SOUTHERN
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Zip4: 5403
County Code: Maricopa
Assessor Number: 133-32-002-U
Tax Year: 2024
General Property Description
Type of Property: Office/Medical
Ttl Apx SqFt Bldg: 27798
Ttl Apx Net Rnt Spc: 355
Year Built: 1973
Uncvrd Parking Spcs: 2
Zoning: RO
Remarks Misc
Cross Street: Rural & Southern
Directions: East of the North East Corner of Rural & Southern
Geo Lat: 33.393773
Geo Lon: -111.923407
Status Change Info
Off Market Date: 2025-04-17
Under Contract Date: 2025-04-17
Close of Escrow Date: 2025-04-17
Sold Price: $597
Legal Info
Township: 1N
Range: 4E
Section: 26
Lease Info
Suite Size Avail Max: 2500
Space Divisible: Yes
Annual Lease Price: 6900
Annual Lse Prc P/SF: 19.5
Base Rent Escalation: Yes
Lease Year (Min-Max): 1-10
Annual Exp Stop/SqFt: 5.93
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Building Type: Commercial; Office; Other (See Remarks)
Business Type: Barber/Beauty; Dental; Office Supply; Mixed; Service Business; Medical; Storage; Professional/Office; Wholesale
Type of Lease: Gross; Full Service
Stories: 1 Story
Construction: Block
Roofing: Foam
Floors: Vinyl; Carpet
Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet
Cooling: Central Air; Office A/C
Landlord Pays: Electric; Water; Sewer; Trash Collection; Bldg Liability Ins; Common Area Maintenance; Exterior Maintenance; Taxes; Management
Tenant Pays: Janitorial Service
Move in Costs: Last Months Rent; Deposit(s)
Interior Features: Finished; Private Restrooms
Exterior: Corner Lot; Landscaping; Monument Sign
Loading Facilities: None
Fencing: None
Parking Features: Free; Fee; Parking Lot; Private
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
Road Surface Type: Asphalt
Lease Includes: Building Only
Lease Conditions: Other (See Remarks)
Showing Notification Methods: Email; Phone Call
Lockbox Type: Combo; See Private Remarks
Environmental: None
Listing Office: Pillar Realty & Investments, LLC
Last Updated: April - 17 - 2025
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