Riverside Office Plaza Trades Off-Market

January 23, 2024

The ICRE Investment team at ORION Investment Real Estate is pleased to have represented the Buyer, in this off-market acquisition. Riverside Office Plaza in Tempe, Arizona offers various options for office space across multiple buildings, each with its unique characteristics. The Riverside Office Plaza II at 1255 West Rio Salado Pkwy is a Class A property, the property was completed in 2008. It offers approximately 16,362 square feet of office space. This building also offers 372 parking spaces with a parking ratio of 4.0 per 1,000 square feet.

These properties collectively offer a range of options for different business sizes and preferences, all within a vibrant and accessible area of Tempe, Arizona and is conveniently located near the Loop 202 &c 101 freeways and only 1.4 miles from Phoenix Sky Harbor Airport.


Offering Summary

  • $1,100,750 ($336 PSF)
  • Owner/User
  • Off-Market
  • Office/Medical Condo
  • 3,275 SF
  • Close Date 01/11/2024
  • 42-day Escrow