Other

Workspace Tempe

workspace tempe, tempe, AZ 85281

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence

Low

$3.18/SF/mo

Mid

$3.98/SF/mo

High

$4.77/SF/mo

Tier Used

tax_cap_reverse

Estimated from market cap rate (7.2%), property tax rate (0.01%), and NYC PLUTO (37 parcels, assessed $/SF = 194).

Tier Resolution Trace

Tier 1insufficient_data

Tier 2successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$3.98/SF/mo	—	tax_cap_reverse
Utilities	—	17.0¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1413/wk	BLS QCEW

Source Provenance (3)

Source	Type	Count	Year	Freshness	Peer
Market Reports	cap_rate	—	—	quarterly	—
API Ninjas	property_tax	—	—	annual	—
NYC PLUTO	assessed_value_psf	—	—	annual	—

Data sources used

market_reportsproperty_taxnyc_pluto

Description

Flex Business Park

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

Location

workspace tempe, tempe, AZ 85281

Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeModified Gross

Market Context

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

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

Other market FAQ

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

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.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.