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    323 E Veterans Way Tempe, AZ 85281

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    For Lease
    Contact for pricing

    Retail and restaurant spaces available near ASU and public transit.

    Property size:
    1,617 SF
    Lot size:
    1.62 Acres

    Property Features for 323 E Veterans Way

    General Information

    Size
    1,617 SF
    Lot size
    1.62 Acres

    Source: SRS Real Estate Partners | Phoenix Agent Scott Ellsworth

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

    Overview

    Tempe Retail & Restaurant Spaces

    Available for lease are several spaces, including a 1,617-square-foot former restaurant equipped with a hood and walk-in cooler, a 1,689-square-foot former ice cream restaurant, a 6,584-square-foot corner end cap fronting College Avenue and Veterans Way, and a 1,577-square-foot former digital tech office space. These spaces are located within University House, which comprises two residential towers with 423 units and 926 beds, and 22,000 square feet of first-floor retail and restaurant space. The property is adjacent to Sun Devil Stadium and Desert Financial Arena, with over 1,000 beds within walking distance. Conveniently situated along the Valley Metro light rail and across from the Tempe Transit Center, the location offers excellent accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fugen Apps Software Company Jaded Art Gallery University House Tempe Apartment Building Picboi LLC Media Company

    Suggested Use

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

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

    Similar Places Nearby

    ASU Catering Services, Aramark

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.933634
    Latitude
    33.424678

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    FAQs

    What type of property is this?
    Restaurant - Retail and restaurant spaces available near ASU and public transit.
    Where is this restaurant located?
    The property is located at 323 E Veterans Way Tempe, AZ.
    What are key features of this property?
    This property features: - High-traffic location adjacent to Sun Devil Stadium and Desert Financial Arena.; - Located within University House, a residential complex with 423 units (926 beds).; - **Corner end cap space available (6,584 SF) fronting College Avenue and Veterans Way.**
    (602) 369-1368
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    323 E Veterans Way 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
    323 E Veterans Way Tempe, AZ 85281
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