Parc Broadway

Where Professionals Come Home

324-unit institutional quality multifamily located at the heart of Tempe's Industrial Corridor with drive-by visibility along Broadway Road

Offering Summary

711 West Broadway Road | Tempe, Arizona

The Opportunity

Arts-Inspired, Mid-Rise Multifamily Asset Marked by Irreplaceable Location within the City of Tempe's Maker District Opportunity Zone

Highly educated population supported by ±47% of residents having attained a bachelor's degree or higher accompanied by notable citywide demographics with average and median household incomes of ±$86,800 and ±$62,600. Tempe is recognized as the No. 1 Best Suburbs for Young Professionals in Arizona.

Professionals

Highlights

The district has leveraged the city's strong economic standing to draw a combination of local business, creative manufacturing, and high-tech endeavors revitalizing the neighborhood and creating a common culture rooted within an artistic influence.

Parc Broadway has access to ±894,000 employees within a ±30-minute commute shed across major municipalities such as Tempe, Chandler, Phoenix, Mesa, Gilbert, and Scottsdale.

Parc Broadway has access to ±2,600 businesses, featuring international names such as State Farm, Deloitte, JPMorgan Chase, and Amazon, supported by an impressive talent base of ±77,100 professionals.

At Parc Broadway, comfort and convenience come standard. Our Tempe, AZ, pet-friendly apartments offer reserved covered parking, EV car charging stations, a dog park with a pet wash station, and a barbecue pavilion for outdoor gatherings. Explore the list of our amenities and schedule a tour today!

Amenities

Coffee Bar
Full Gym
Dog Park
Zoom Room

April 2022

Leasing Office Open

May 2022

First Move-Ins

March 2023

Final Certificate of Occupancy

Steve Gebing

Executive Managing Director
602.687.6771
sgebing@ipausa.com
License: AZ SA572944000

Cliff David

Executive Managing Director
602.687.6763
cdavid@ipausa.com
License: AZ SA537976000

Brian Eisendrath

Executive Managing Director
310.428.2571
beisendrath@ipausa.com
License: 01421681

Cameron Chalfant

Senior Managing Director
323.578.2738
cchalfant@ipausa.com
License: 01989920

2398 East Camelback Road, Suite 350
Phoenix, Arizona 85016

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Institutional Property Advisors, IPA, and Marcus & Millichap are service marks of Marcus & Millichap Real Estate Investment Services, Inc. © 2023 Marcus & Millichap. All rights reserved. ACT ID ZAE0070149