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432 S Farmer Ave
Tempe, AZ 85281

$4,900,000 USD

Loft Creative Space Condo For Sale  •  10,548 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 10,548 SF
  • Lot Size 1.05 AC
  • Building Class B
  • Year Built 2012
  • Tenancy Multiple
  • Zoning MU-4
67 Transit Score
80 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 2nd & 3rd Office 10,548 SF $4,900,000 USD
  • Unit Size: 10,548 SF
  • Condo Use: Office
  • Price: $4,900,000 USD
  • Sale Type: Owner User
  • Price/SF: $464.54 USD
Description
• High-quality, two-story, ±10,548 SF podium-style office building.
• 100% available for an owner/user.
Modern Bauhaus architecture characterized by an asymmetric rectangular building envelope, a flat
roof, smooth concrete façade, and steel accents creates an excellent curb appeal for image conscious
buyers.
• Generous ±4.0/1,000 SF on-site parking ratio provided by podium parking underneath the building
and the surrounding multifamily developments.

Sale Notes
• Ample restaurants available within walking distance from the property, including local favorite,
Culinary Dropout—a concept restaurant serving classic American dishes with a twist.
• Located within downtown Tempe and two blocks from Mill Avenue, a 24/7 live-work-play
entertainment district full of locally owned bars, microbreweries, clubs, and restaurants. This explosive
area is also home to an abundance of residential towers and high-profile office developments.
Irreplaceable location in the heart of ‘The Silicon Desert’ which is known for having the highest
concentration of major corporations of any submarket, a spectacular labor pool, and great housing.
The Tempe Streetcar, which connects north and south downtown Tempe, has a stop at 5th St/Ash Ave—only a
few steps from the property.
• Transit-oriented location with ±2-mile access to Loop 202 and the Metro Light Rail’s Mill Ave/3rd Street stop, making the entire valley easily available within a short commute.
• The Beam on Farmer, a high-profile office  development, is located across the street from the property.

Amenities

  • Air Conditioning

Public Transportation

Transit/SubwayDriveWalkDistance
Fifth St/Ash (Valley Metro Streetcar - Valley Metro (Phoenix Light Rail)) 0 min 2 min 0.1 mi
Third St/Ash (Valley Metro Streetcar - Valley Metro (Phoenix Light Rail)) 0 min 4 min 0.2 mi
University Dr/Ash (Valley Metro Streetcar - Valley Metro (Phoenix Light Rail)) 1 min 6 min 0.3 mi
Sixth St/Mill (Valley Metro Streetcar - Valley Metro (Phoenix Light Rail)) 1 min 6 min 0.3 mi
Mill Ave/3Rd St (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 1 min 7 min 0.4 mi
AirportDriveWalkDistance
Phoenix Sky Harbor International 11 min - 4.8 mi
Phoenix-Mesa Gateway 36 min - 24.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Eric Wichterman 602-339-3131 Cushman & Wakefield
Eric Wichterman 602-339-3131 Cushman & Wakefield