Dunmor Leases 9,365 SF Office Space At 1337 East Rio Salado Parkway In Tempe For $45/ft
1337 East Rio Salado Parkway
$45
$45/SF
Building Size
9,365 SF
Asset Type
Office
Closing
Oct 2, 2026
About this deal
AI
The property involved in this transaction is an office space located at 1337 East Rio Salado Parkway in Tempe. The asset features a full-service gross lease type with an asking rent of $45 per square foot. The total square footage of the property is 9,365. The landlord for this transaction is Silver Creek Development.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $45/ft
- Square Footage: 9,365
- Address: 1337 East Rio Salado Parkway
- Market: Tempe
- Landlord: Silver Creek Development
- Tenant: Dunmor
- Landlord's Representative: Lauren Lovell & Pat Boyle - CBRE
This deal includes the tenant Dunmor, who will be utilizing the office space provided by Silver Creek Development. Lauren Lovell and Pat Boyle from CBRE represent the landlord in this leasing transaction.
On the Map
$45
$45/SF
Office
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Players
Tempe Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93