The Arroyo — Lease in Tempe, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Tempe, AZ 85288
  • Size: 3,432 SF

Description

The property is located at 1295 West Washington Street and is further described as The Arroyo with 3,432 RSF.

Market Context

This office in Tempe, AZ is listed for lease across 3,432 SF. It has been on the market for 54 days. Compare it against other office listings for lease in Tempe, AZ — view the full market.

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

Office market FAQ

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

Estimated Market Rate

$2.85/SF/mo – $3.85/SF/mo

Mid: $3.35/SF/mo

Estimated total for 3,432 SF: $11,497 per month

Cost-of-business estimate only; rate estimator unavailable.

Based on comparable properties in similar markets rather than local sales.

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