Office

Lakeshore Drive Office Complex

lakeshore drive office complex, tempe, AZ 85282

Price

Price on request

Price/Sq Ft

$18.00

Description

±1K - 22K SF Office Space for Lease in Lakeshore Drive Office Complex Multi-tenant office buildings.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

lakeshore drive office complex, tempe, AZ 85282

Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Market Context

As of Q1 2026, the Phoenix office market showed cap rates around 7.2%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence

Projected asking rent

$20.76–$21.38/SF/yr

Estimated sale value

$134–$179/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 investingincre com data (cap rate 7.2%, asking rent trend-adjusted to today).

View the full Phoenix Office market report →

Compare it against other office listings for lease in Tempe, AZ to benchmark pricing and space — view the full market.

Office market FAQ

What is the typical cap rate for office in Phoenix?: About 7.2% as of Q1 2026, per multiple brokerages.

Unified Estimate

Medium Confidence

$18.00/SF/mo-$21.10/SF/mo

Mid: $18.35/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Lease Rate & Market Trend

Market report quarterly trend fallbackFIPS 04013

Low Confidence

Avg Rent ($/SF/mo) (market data)

Market asking rent (quarterly avg)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.