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    1761 W University Dr Tempe, AZ 85281

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    For Lease
    $1.50 SF/Yr

    Industrial/Flex & Office space for rent with planned improvements.

    Property size:
    1,650 SF
    Lot size:
    13.10 Acres

    Property Features for 1761 W University Dr

    General Information

    Size
    1,650 SF
    Lot size
    13.10 Acres

    Source: Colliers | Phoenix Agent Keri Scott

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

    Overview

    Industrial/Flex & Office Space Available

    This property offers approximately 199,835 square feet of industrial, flex, and office space. Suites are available ranging from approximately 1,576 square feet to approximately 3,401 square feet and are ready for immediate occupancy. The suites feature varying percentages of office buildouts. The property includes both 100% HVAC and evaporative-cooled spaces. The landlord maintains the HVAC and evaporative cooling systems as part of the operating expenses. It also features 3-phase power, a parking ratio of 2.6 per 1,000 square feet, and grade-level loading. Extensive exterior improvements are planned for the property, which has frontage on University Drive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Canyon Records Recording Studio Breezing Co Health Consultant Breezing Health Consultant Fourt Industrial Supplies, ... Warehouse Lytle Racing Wholesaler

    Suggested Use

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

    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, Santa Barbara Catering Co

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9682297
    Latitude
    33.4209411

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    FAQs

    What type of property is this?
    Flex space - Industrial/Flex & Office space for rent with planned improvements.
    Where is this flex space located?
    The property is located at 1761 W University Dr Tempe, AZ.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    What are key features of this property?
    This property features: - Suites ready for immediate occupancy; - ±199,835 SF – Industrial/Flex & Office space; - 100% HVAC & Evap spaces maintained by Landlord as part of opex
    (602) 386-7153
    Request Owner's contact information
    1761 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
    1761 W University Dr Tempe, AZ 85281
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