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Forbes Office Bldg 1631 E Guadalupe Rd 8,302 SF 63% Leased Office Building Tempe, AZ 85283 $1,618,890 ($195/SF) 3.44% Cap Rate
Investment Highlights
- Highly visible monument signage.
- The bustling neighborhood ensures a constant flow of potential customers.
- The parking lot has recently been updated.
- Excellent highway access.
- Close proximity to Arizona State University.
- The landscaping has recently been updated.
Executive Summary
Forbes Office Building located at 1631 E Guadalupe Rd is offering a unique owner/user or investment opportunity. User can occupy Suites 100/102 (±2,610 SF), Suite 200 (±1,543 SF) and Suite 202 (±1,543 SF) for a total of ±5,696 SF. Suites are move in ready and include their own restroom.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,302 SF
Building Class
C
Year Built
1987
Price
$1,618,890
Price Per SF
$195
Cap Rate
3.44%
NOI
$55,692
Percent Leased
63%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,141 SF
Building FAR
0.37
Lot Size
0.52 AC
Zoning
C-O, Tempe - C-O, Commercial Office
Parking
32 Spaces (3.9 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Courtyard
- Fitness Center
- Signage
- Skylights
- Reception
- Storage Space
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Tenant pays electric and janitorial. Walk up access to suites
Tenant pays electric and janitorial
Tenant pays electric and janitorial
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100/102 | 2,610 SF | Office | Full Build-Out | Dec 2027 |
| 2nd Fl-Ste 200 | 1,543 SF | Office | - | Now |
| 2nd Fl-Ste 202 | 1,543 SF | Office | Full Build-Out | Now |
1st Fl-Ste 100/102
| Size |
| 2,610 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Dec 2027 |
2nd Fl-Ste 200
| Size |
| 1,543 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 202
| Size |
| 1,543 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 100/102
| Size | 2,610 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Dec 2027 |
Tenant pays electric and janitorial. Walk up access to suites
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 200
| Size | 1,543 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Tenant pays electric and janitorial
2nd Fl-Ste 202
| Size | 1,543 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Tenant pays electric and janitorial
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 301-48-010R | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $118,551 |
Property Taxes
Parcel Number
301-48-010R
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$118,551
1 of 29
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
