1950 E Southern Avenue, Tempe, AZ
Office for Sale - $3,562,175 - 22,568 Sq. Ft. on 3.05 acres
Property Info
| CIMLS# | 971200 |
| Location 1950 E Southern Avenue Tempe AZ 85282 | |
| Updated | April 16th, 2019 |
| Type | Office |
| Price | $3,562,175 |
| Building | 22,568 Sq. Ft. |
| Land | 3.05 acres |
Property Description
The property consists of 2-11,266 SF buildings, currently being anchored by Lab Corp. Excellent demographic location surrounded by residential, medical and retail with traffic counts exceeding 23,000 VPD on Southern Ave.
Shalimar Square is located just west of the Loop 101 on E Southern Avenue in Tempe. The property consists of 2-11,266 SF buildings and is currently being anchored by Lab Corp. Excellent demographic location surrounded by residential, medical and retail with traffic counts exceeding 23,000 VPD on Southern Ave. Transit stop is directly in front of Shalimar Square. Property is only minutes from Banner Desert Medical Center, Loop 101 and US-60 Freeways.
Shalimar Square for Sale for $3,562,175
Includes Two 11,266 SF Retail Medical / Office Buildings
8.0% Cap Rate
Anchored by Lap Corp and VibrantCare Rehabilitation, Minutes Access of Loop 101, US-60 and Banner Desert Medical Center
Strong Demographic Area with Traffic Exceeding 30,000 VPD at Intersection
Transit Stop Directly in Front of Shalimar Square
Financials
Shalimar Square for Sale for $3,562,175
8.0% Cap Rate
