Tempe Gateway — Lease in Tempe, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Tempe, AZ 85281

Photos

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Tempe Gateway — Lease in Tempe, AZ, photo 2 of 4
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Description

Tempe Gateway is a Class A office building, located in the heart of the Mill Avenue District in Downtown Tempe. The project is surrounded by best-in-class amenities, many of which are local. Tempe Gateway has unmatched accessibility, with the Tempe Street Car and Valley Metro Light Rail just steps away and ASU and Sky Harbor International Airport minutes away. In addition, Tempe Gateway has excellent freeway access connecting commuters to the entire Phoenix Metro Area.

Market Context

This office in Tempe, AZ is listed for lease. Compare it against other office listings for lease in Tempe, AZ — view the full market.

As of Q2 2026, the Phoenix office market showed a 23.4% vacancy rate, average asking rents near $31.67/SF/yr, and rents up 2.2% year over year. Source: multiple brokerage reports, Q2 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

Is the Phoenix office market tightening or softening?
Vacancy is around 23.4%, with asking rents rising year over year (Q2 2026).

Estimated Market Rate

$2.36/SF/mo – $3.21/SF/mo

Mid: $2.79/SF/mo

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

First seen on CREHunt: Aug 30, 2026

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