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    2245 W University Dr Tempe, AZ 85281

    For Lease
    $1.20 SF/Yr

    Flex space with office and frontage on University Drive.

    Property size:
    2,100 SF
    Lot size:
    3.69 Acres

    Property Features for 2245 W University Dr

    General Information

    Size
    2,100 SF
    Lot size
    3.69 Acres

    Source: Commercial Properties Inc Agent Tyson Breinholt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tempe Flex Space Available

    This flex space property features a reception area, one office, a bullpen, and one restroom, with approximately 60% of the space designated as office area. The property is situated on approximately 2.86 acres of land and offers a clear height of 12 feet. It has frontage on University Drive and is located a quarter of a mile from the SR-143 Freeway, and is also located minutes from Sky Harbor International Airport. The property has a size of 2,100 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Miche Bag of Arizona Warehouse Pro-Surfacing Inc Flooring Contractor Institute For Drivers Safety Driving School Primerica Life Insurance Agency Pro Micro Computer Store

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    AZ School Meals, Morrison Catering, Arizona Party Wizards, AZ Inspirations Catering

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9725429
    Latitude
    33.4212257

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    FAQs

    What type of property is this?
    Flex space - Flex space with office and frontage on University Drive.
    Where is this flex space located?
    The property is located at 2245 W University Dr Tempe, AZ.
    What is the lease rate?
    The lease rate is $1.20 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location: Minutes from Sky Harbor International Airport and ¼ miles from SR-143 Freeway.; - Located on ±2.86 Acres of Land.; - Functional Office Space: Features a reception area, one private office, bullpen, and restroom; 60% office buildout.
    (602) 315-7131
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    2245 W University Dr Tempe, AZ 85281
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    Tempe, AZ 85281
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2245 W University Dr Tempe, AZ 85281
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