Description

South Pier is a rare, institutional-grade land acquisition opportunity in the highly sought-after Tempe, Arizona market. The property encompasses 9.5 acres across four contiguous parcels, strategically located near the intersection of Rio Salado Parkway and Rural Road. Each parcel is entitled for development, offering flexibility for a variety of uses within one of the region’s most dynamic urban corridors.

Situated in proximity to Arizona State University and Tempe Town Lake, the location benefits from exceptional visibility, strong demographic growth, and robust demand drivers in a thriving submarket. The site provides direct access to major transportation routes and is surrounded by a mix of retail, office, and multifamily developments.

With no pricing guidance provided, South Pier represents an opportunity for investors to establish a footprint in a high-barrier-to-entry market, with potential to capitalize on future absorption trends and escalating land values.