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Rio Yards - Building A 1337 E Rio Salado Pky 147,495 SF Vacant 4-Star Office Building Tempe, AZ 85281 For Sale
INVESTMENT HIGHLIGHTS
- ±147,495 square foot 3-story trophy office
- Large, flexible ±49,000 floor plates flexible and divisible for tenants of various sizes
- Flexible floorplates across three stories for varied tenant needs
- Rio Salado Parkway frontage
- Newly built in September 2023 within Tempe’s premier submarket
- Located in a federal Opportunity Zone with tax incentives
EXECUTIVE SUMMARY
The building’s flexible floorplates are designed to accommodate a wide range of tenant sizes, making it ideal for both single-tenant headquarters or multi-tenant configurations. With zoning under MU-ED and designation within a federal Opportunity Zone, investors can benefit from significant tax advantages. The site also includes a planned four-level parking garage and surface parking, offering an exceptional 6.64:1,000 parking ratio.
Surrounding amenities include Tempe Marketplace, Mill Avenue Entertainment District, and Sloan Park, all within minutes. The property is also just 10 minutes from Phoenix Sky Harbor International Airport and Downtown Phoenix, with seamless access to Loops 101 and 202. Major employers in the area include ASU, State Farm, JP Morgan, and Waste Management, contributing to a daytime population exceeding 6,400 per square mile.
This is a rare chance to secure a premium office asset in a high-growth, innovation-driven district with long-term upside and immediate locational advantages.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Natural Light
- Air Conditioning
SUSTAINABILITY
SUSTAINABILITY
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Rio Yards, located in the Novus Innovation Corridor adjacent to Arizona State University in Tempe, is the next generation office campus. This ±450,000 square foot project is designed for the modern user looking to create a special place that will elevate the work environment and productivity of their employees. This creative campus focuses on natural light, outdoor areas and well building features.
Rio Yards, located in the Novus Innovation Corridor adjacent to Arizona State University in Tempe, is the next generation office campus. This ±450,000 square foot project is designed for the modern user looking to create a special place that will elevate the work environment and productivity of their employees. This creative campus focuses on natural light, outdoor areas and well building features.
Rio Yards, located in the Novus Innovation Corridor adjacent to Arizona State University in Tempe, is the next generation office campus. This ±450,000 square foot project is designed for the modern user looking to create a special place that will elevate the work environment and productivity of their employees. This creative campus focuses on natural light, outdoor areas and well building features.
Rio Yards, located in the Novus Innovation Corridor adjacent to Arizona State University in Tempe, is the next generation office campus. This ±450,000 square foot project is designed for the modern user looking to create a special place that will elevate the work environment and productivity of their employees. This creative campus focuses on natural light, outdoor areas and well building features.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 10,000-24,015 SF | Office | Shell Space | Now |
| 1st Fl-Ste 101 | 10,000-19,237 SF | Office | Shell Space | Now |
| 2nd Floor | 52,614 SF | Office | Shell Space | Now |
| 3rd Floor | 51,629 SF | Office | Shell Space | Now |
1st Fl-Ste 100
| Size |
| 10,000-24,015 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 101
| Size |
| 10,000-19,237 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Floor
| Size |
| 52,614 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
3rd Floor
| Size |
| 51,629 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 100
| Size | 10,000-24,015 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Rio Yards, located in the Novus Innovation Corridor adjacent to Arizona State University in Tempe, is the next generation office campus. This ±450,000 square foot project is designed for the modern user looking to create a special place that will elevate the work environment and productivity of their employees. This creative campus focuses on natural light, outdoor areas and well building features.
1st Fl-Ste 101
| Size | 10,000-19,237 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Rio Yards, located in the Novus Innovation Corridor adjacent to Arizona State University in Tempe, is the next generation office campus. This ±450,000 square foot project is designed for the modern user looking to create a special place that will elevate the work environment and productivity of their employees. This creative campus focuses on natural light, outdoor areas and well building features.
2nd Floor
| Size | 52,614 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Rio Yards, located in the Novus Innovation Corridor adjacent to Arizona State University in Tempe, is the next generation office campus. This ±450,000 square foot project is designed for the modern user looking to create a special place that will elevate the work environment and productivity of their employees. This creative campus focuses on natural light, outdoor areas and well building features.
3rd Floor
| Size | 51,629 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Rio Yards, located in the Novus Innovation Corridor adjacent to Arizona State University in Tempe, is the next generation office campus. This ±450,000 square foot project is designed for the modern user looking to create a special place that will elevate the work environment and productivity of their employees. This creative campus focuses on natural light, outdoor areas and well building features.
PROPERTY TAXES
| Parcel Number | 132-33-001B | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,438,031 |
PROPERTY TAXES
Presented by
Rio Yards - Building A | 1337 E Rio Salado Pky
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