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4625 Wendler Drive

Updated Dec 19, 2025

Rocket Lister Acquires Office Building In Tempe From Batch Leads For $5.7M
SOLDOffice

Rocket Lister Acquires Office Building In Tempe From Batch Leads For $5.7M

4625 Wendler Drive

$5,700,000

$121/SF

Building Size

46,804 SF

Asset Type

Office

Closing

Dec 19, 2025

About this deal

AI

The property involved in the transaction is a two-story office building located at 4625 Wendler Drive in Tempe, AZ. It encompasses a total area of 46,804 square feet and was sold for $5,700,000, resulting in a price per square foot of $122. Rocket Lister has acquired the building with plans to use part of it as its headquarters while leasing out the remaining space.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $5,700,000
  • Property Address: 4625 Wendler Drive
  • Market: Tempe, AZ
  • Square Footage: 46,804
  • Price per Square Foot: $122
  • Buyer: Rocket Lister
  • Seller: Batch Leads
  • Brokers: Kurt Kerner & Connor Maloney - Kidder Mathews

Kurt Kerner and Connor Maloney represented the buyer, Rocket Lister, in this transaction. The seller, Batch Leads, engaged in this deal with the purpose of transferring ownership of the office asset to the buyer.

Players

Kurt Kerner

Kidder Mathews

Broker

$5.7M

vol

1 deal

Broker

Tempe Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $121 per square foot on a published $5.7M for 46,804 square feet (2025).

Visit Kidder Mathews to view all their deals.

Browse Tempe office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.78%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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