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432 S Farmer Ave - Farmer Studios

10,548 SF Office Condo Unit Offered at $4,900,000 in Tempe, AZ 85281

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Property Facts

Price	$4,900,000	Building Class	B
Unit Size	10,548 SF	Floors	2
No. Units	1	Typical Floor Size	5,274 SF
Total Building Size	10,548 SF	Year Built	2012
Property Type	Office (Condo)	Lot Size	1.05 AC
Property Subtype	Loft/Creative Space Office Office Live Work Unit	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Type	Owner User

Price	$4,900,000
Unit Size	10,548 SF
No. Units	1
Total Building Size	10,548 SF
Property Type	Office (Condo)
Property Subtype	Loft/Creative Space Office Office Live Work Unit
Sale Type	Owner User
Building Class	B
Floors	2
Typical Floor Size	5,274 SF
Year Built	2012
Lot Size	1.05 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Unit Available

Unit 2nd & 3rd

Unit Size	10,548 SF	Condo Use	Office
Price	$4,900,000	Sale Type	Owner User
Price Per SF	$464.54	APN/Parcel ID	124-33-447

Unit Size	10,548 SF
Price	$4,900,000
Price Per SF	$464.54
Condo Use	Office
Sale Type	Owner User
APN/Parcel ID	124-33-447

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.