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8530 S Priest Dr
Tempe, AZ 85284
Target Financial Center
Asset Class
Office
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Overview
Two ±94,480 SF
Class A
, two-story office buildings totaling
±188,960 SF
Located in
Emerald Center
, one of Tempe’s premier business parks, on a
±25.29-acre
site
Buildings were
renovated in 2019
with a
$8 million+ capital investment by Target
Property was
never re-occupied post-renovation
– interiors remain in
essentially brand-new condition
Fully furnished
, including open-plan workstations, private offices, and conference rooms
Constructed of
concrete and steel
, featuring
chilled water HVAC
, full wet sprinkler system, and secure
card-access control
Amenities include
loading docks
,
small warehouse areas
, and
two passenger elevators per building
Includes
a two-level parking garage
with
917 total parking stalls (4.85/1,000 SF ratio)
, including
626 covered spaces
GID zoning (General Industrial District)
allows for office, flex, and other commercial uses
Surplus land of ±12.64 acres
(offered separately) allows for
future development
potential
Served by
City of Tempe utilities
,
SRP power
, and
full 3,000-amp service per building
with
backup generators
Strategically located
steps from I-10
,
2.5 miles from Loop 202
, and
minutes to Sky Harbor International Airport
Ideal corporate HQ or back-office facility with
potential for repositioning, lease-up, or adaptive reuse
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8530 S Priest Dr
Tempe, AZ 85284
Sales Team
TW Phoenix Land & Investment Sales
Dylan Sproul
Vice President
(602) 296-6376
dylan.sproul@transwestern.com
Paul Borgesen III
Capital Markets | Investment Sales
(602) 296-6377
paul.borgesen@transwestern.com
Royden Hudnall
Senior Associate
(602) 296-6384
royden.hudnall@transwestern.com
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