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    1932 E University Dr Tempe, AZ 85281

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    For Lease
    Contact for pricing

    1,167 SF restaurant space for lease near ASU.

    Property size:
    1,167 SF
    Lot size:
    1.20 Acres

    Property Features for 1932 E University Dr

    General Information

    Size
    1,167 SF
    Lot size
    1.20 Acres

    Source: GPS Retail Advisors Agent Jennifer Hill

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

    Overview

    Restaurant Space Near ASU Campus

    This 1,167 square-foot second-generation restaurant space is available for lease in a vibrant retail center. The property is located approximately half a mile from the Loop 101 freeway on University Drive, offering excellent frontage and easy access with over 32,000 cars per day. Building and monument signage are available. Ample parking is provided. The property is near the ASU main campus, Loop 202, and Valley Metro Light Rail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Original Geno's - Best ... Pizza Restaurant Mediterranean Cuisine Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Similar Places Nearby

    The Chicken Coop AZ, Phx Lechon Roasters, Diamond Caddy, LoFi's CryoMarket // Premium. Frozen. Eats., NURISH fresh eats.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9031692
    Latitude
    33.4224707

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    FAQs

    What type of property is this?
    Restaurant - 1,167 SF restaurant space for lease near ASU.
    Where is this restaurant located?
    The property is located at 1932 E University Dr Tempe, AZ.
    What are key features of this property?
    This property features: - Excellent frontage on University Drive with high traffic volume.; - Located in a vibrant retail center near Loop 101 freeway.; - Ample parking available.
    (602) 616-4477
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    1932 E University Dr 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
    1932 E University Dr Tempe, AZ 85281
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