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1705 W Ruby Dr - Building A 12,000 SF Office/Retail Condo Unit Offered at $3,495,000 in Tempe, AZ 85284
EXECUTIVE SUMMARY
This building was constructed in 2007 and is located in Emerald Center in Tempe, AZ. The building is located in a 160,000 SF retail and office development called Emerald Design Center. The building has a condominium layout and features RCC-1, City of Tempe (Retail Commercial Center) zoning. Among the tenants/owners in the project are Aveda Institute, C2 Tach Indoor Shooting Range, Barbeque Island, Brooklyn Bedding, Mattress RX, and Adair Custom Homes. The buildings were constructed by LGE Design Build and are concrete tilt construction. Ashley Home Furnishings and Main Event Entertainment are located just to the south and the only IKEA store in Arizona is directly across the street. Also located in Emerald Center nearby is Dicks Sporting Goods, Total Wine, Guitar Center, Lifetime Fitness, Texas Roadhouse Restaurant, Mattress Firm, Starbucks, and White Castle Hamburgers. Monument Signage is available on Interstate 10 with over 150,000 cars per day visibility. The current occupant of the building can relocate within six months after close of escrow.
PROPERTY FACTS
| Total Building Size | 31,256 SF | Typical Floor Size | 31,256 SF |
| Property Type | Retail (Condo) | Year Built | 2007 |
| Building Class | B | Lot Size | 0.68 AC |
| Floors | 1 | Parking Ratio | 2.24/1,000 SF |
| Zoning | RCC, Tempe - Regional Commercial Center | ||
| Total Building Size | 31,256 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 31,256 SF |
| Year Built | 2007 |
| Lot Size | 0.68 AC |
| Parking Ratio | 2.24/1,000 SF |
| Zoning | RCC, Tempe - Regional Commercial Center |
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
1 UNIT AVAILABLE
Unit 101
| Unit Size | 12,000 SF | Condo Use | Office/Retail |
| Price | $3,495,000 | Sale Type | Investment or Owner User |
| Price Per SF | $291.25 |
| Unit Size | 12,000 SF |
| Price | $3,495,000 |
| Price Per SF | $291.25 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
SALE NOTES
This 12,000 SF Condo Suite available sporting 10,000 SF of Office Showroom with a 2,000 SF Warehouse, 18’ Clear Height, 2 Roll Up Truck Doors, and a Community Truckwell. The unit is currently utilized as a furniture store and the current occupant of the building can relocate within six months after close of escrow.
Part of the Emerald Design Center sporting 160,000 SF of retail and office development. This unit is among a diverse tenant mix in the project including Aveda Institute, C2 Tach Indoor Shooting Range, Barbeque Island, Brooklyn Bedding, Mattress RX, and Adair Custom Homes. Ashley Home Furnishings and Main Event Entertainment are located just to the south and the only IKEA store in Arizona is directly across the street. Also located nearby Emerald Center is Dicks Sporting Goods, Total Wine, Guitar Center, Lifetime Fitness, Texas Roadhouse Restaurant, Mattress Firm, Starbucks, and White Castle Hamburgers.
Priced at $312/SF with total CAM charges at $3.50/SF, call for additional unit and sale details.
Interior Photo
NEARBY MAJOR RETAILERS
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1705 W Ruby Dr - Building A
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