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8700 S Price Rd 13,500 - 132,070 SF of Office Space Available in Tempe, AZ 85284
HIGHLIGHTS
- Within the renowned Arizona State University Research Park, surrounded by industry leaders such as Amazon, Amko, and Arizona State University.
- Tenants can take advantage of a full-service cafeteria with outdoor patio seating overlooking a scenic lakefront view.
- Ample on-site parking with reserved parking spaces and 970 kW solar panels on covered parking stalls and the roof of the building.
- Immediate access to Loop 101 provides excellent freeway visibility and connectivity, as well as access to nearly 3 million residents.
ALL AVAILABLE SPACES(2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
First-floor office space located within the ASU Research Park in Tempe.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Partitioned Offices
- Finished Ceilings: 10’
- Central Air Conditioning
- Security System
- Bicycle Storage
- Wheelchair Accessible
- Fully Built-Out as Standard Office
- Fits 34 - 529 People
- Conference Rooms
- Can be combined with additional space(s) for up to 132,070 SF of adjacent space
- Private Restrooms
- Exposed Ceiling
- Open-Plan
- Excellent access to major freeways
First-floor office space located within the ASU Research Park in Tempe.
- Fully Built-Out as Standard Office
- Fits 63 - 529 People
- Can be combined with additional space(s) for up to 132,070 SF of adjacent space
- Private Restrooms
- Mostly Open Floor Plan Layout
- Finished Ceilings: 10’
- Central Air Conditioning
- Excellent access to major freeways
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 13,500-66,035 SF | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | Office | Full Build-Out | 30 Days |
| 2nd Floor | 25,000-66,035 SF | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | Office | Full Build-Out | 30 Days |
1st Floor
| Size |
| 13,500-66,035 SF |
| Term |
| 3-10 Years |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size |
| 25,000-66,035 SF |
| Term |
| 3-10 Years |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 13,500-66,035 SF |
| Term | 3-10 Years |
| Rental Rate | Upon Request |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
First-floor office space located within the ASU Research Park in Tempe.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 34 - 529 People
- Partitioned Offices
- Conference Rooms
- Finished Ceilings: 10’
- Can be combined with additional space(s) for up to 132,070 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Security System
- Exposed Ceiling
- Bicycle Storage
- Open-Plan
- Wheelchair Accessible
- Excellent access to major freeways
2nd Floor
| Size | 25,000-66,035 SF |
| Term | 3-10 Years |
| Rental Rate | Upon Request |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
First-floor office space located within the ASU Research Park in Tempe.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 63 - 529 People
- Finished Ceilings: 10’
- Can be combined with additional space(s) for up to 132,070 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Excellent access to major freeways
PROPERTY OVERVIEW
Located within the prestigious 320-acre Arizona State University Research Park, often recognized as the Silicon Desert, 8700 South Price Road offers an outstanding opportunity to lease top-tier Class A office space. This modern two-story building features approximately 132,070 rentable square feet, with flexible layouts that can accommodate both single and multiple tenants. Suite sizes begin at 13,500 square feet and are designed for flexibility. The facility boasts robust infrastructure, combining durability with contemporary design elements such as polished concrete, laminate wood plank and tile flooring, commercial-grade carpet, acoustical tile ceilings, and aluminum-framed glass windows. Sustainability is a highlight, as tenants benefit from a powerful 970-kilowatt rooftop solar energy system and a resilient electrical setup, which includes two service entrance sections, dual 3,000-amp SRP 277/480-volt/3-phase lines, and two 1,500 kVA transformers. The property provides ample parking with 723 spaces, 435 of which are covered, including 321 solar-shaded stalls. Tenants enjoy immediate access to Loop 101, offering prime freeway visibility and connectivity to nearly 3 million residents within a 30-minute drive. The area is home to more than 11 million square feet of nearby retail, dining, and entertainment, and neighbors industry leaders such as Amazon, Arizona State University, and Amkor. Situated in a beautifully landscaped setting, the property features three lakes, 6 miles of jogging trails, and picnic ramadas, creating an attractive work environment. The location delivers easy access to major freeways and retail amenities, making it a top choice for significant corporate employers in the Phoenix metro area. The Southeast Valley is renowned as a technology hub, attracting companies in software, biotech, aerospace, and advanced manufacturing. Companies here benefit from a constant pipeline of highly educated talent thanks to Arizona State University, which fosters innovation and business growth in a dynamic, business-friendly environment.
- 24 Hour Access
- Atrium
- Conferencing Facility
- Food Service
- Pond
- Security System
- Signage
- Waterfront
- Car Charging Station
- Plug & Play
- Outdoor Seating
- Air Conditioning
PROPERTY FACTS
MARKETING BROCHURE
NEARBY AMENITIES
HOTELS |
|
|---|---|
| Home2 Suites by Hilton |
108 rooms
6 min drive
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| Cambria Hotels |
136 rooms
7 min drive
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| Hyatt Place |
129 rooms
6 min drive
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| Hilton |
197 rooms
7 min drive
|
| Marriott |
264 rooms
8 min drive
|
| Drury Inn & Suites |
210 rooms
8 min drive
|
| Embassy Suites by Hilton |
224 rooms
11 min drive
|
| Crowne Plaza |
249 rooms
11 min drive
|
| DoubleTree by Hilton |
266 rooms
11 min drive
|
ABOUT SOUTH TEMPE & AHWATUKEE
Although a relatively small community, the South Tempe and Ahwatukee area is a premier location for top-tier office tenants looking to draw from the vast and highly educated labor pool of the Phoenix metropolitan area's East Valley. The neighborhood has become a hotbed for cutting-edge technology, financial and advanced manufacturing firms over the past several years. Its proximity to the I-10, Loop 101 and Loop 202 highways and Phoenix Sky Harbor International Airport makes it easily accessible and attractive to office renters. Prominent tenants include Amazon, Verizon Wireless, Allstate Insurance and Toyota Financial Services.
The area is also home to Arizona State University's Research Park and the Discovery Business Campus along Elliot Road and Loop 101 and includes a lineup of national companies such as Northern Trust, Amkor, Fox Media Center, Go Daddy, ViaSat and Edward Jones.
Large tenants choosing to plant roots here are making use of both the area's existing offices and the opportunity to build custom campuses. In early 2019, Northern Trust added 200,000 square feet to its build-to-suit Discovery Business Campus space, which houses more than 1,000 employees, while JPMorgan Chase moved 2,000 employees—many of whom relocated from the firm's downtown Phoenix office—to its new corporate campus in the neighborhood.
Rents are more affordable here than in neighboring Tempe. Robust demand and moderate levels of new supply have tightened vacancies well below South Tempe's long-term average, and steady compression of vacancies has given landlords leverage to push up rents.
LEASING TEAM
LEASING TEAM
Charles Miscio, Senior Vice President
Charles started his career in commercial real estate in Washington D.C. before relocating to Phoenix in 1994. In 2001, he joined CBRE, but left to pursue other opportunities, one of which was at Colliers International where he spent 12 years. While at Colliers, Charles was involved in several notable projects, including the redevelopment of Park Central Mall and Sky Harbor Towers. He also served as a trusted advisor to several corporations as they purchased properties, one of which was to USAA during the acquisition of their corporate campus in Deer Valley. In 2019, Charles made a welcome return to CBRE.
Charles is a Level 4 hockey coach and has coached ±30 competitive hockey teams cross Metropolitan Phoenix. He serves as Head Coach/Director of Hockey at Notre Dame Preparatory in Scottsdale, AZ.
Luke Walker, Senior Vice President
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8700 S Price Rd
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