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    2343 W University Dr Tempe, AZ 85281

    For Lease
    $19 SF/Yr ($6,890 /Mo)

    Remodeled office with private offices, conference rooms, and convenient location.

    Property size:
    4,352 SF
    Lot size:
    5.13 Acres

    Property Features for 2343 W University Dr

    General Information

    Size
    4,352 SF
    Lot size
    5.13 Acres

    Source: Commercial Properties Inc Agent David C Bean

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

    Overview

    Remodeled Office Space Near University

    This 4,352-square-foot office space features a remodeled interior with a reception area, nine private offices, two conference rooms, two restrooms, a bullpen, and a break room. Interior details include granite floors, full glass conference room walls, carpet and tile flooring, and built-in elements. The reception desk features a granite counter and high-efficiency lighting. Located at University Drive and Hohokam 143, the property is situated minutes from Sky Harbor Airport, Arizona State University (ASU), and Mill Avenue. It also offers convenient access to I-10, US-60, and Loop 202. The property includes six reserved, covered parking spaces, with a parking ratio of 4/1,000. The building features Founders Block construction.
    Insight Report Location Intelligence

    Current Use by Public Records

    Broadcast Rentals Audiovisual Equipment Rental Service Ki Inc Interior Designer EyeSite Surveillance Security Service

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9734798
    Latitude
    33.4207286

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    FAQs

    What type of property is this?
    Office space - Remodeled office with private offices, conference rooms, and convenient location.
    Where is this office space located?
    The property is located at 2343 W University Dr Tempe, AZ.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Minutes from Sky Harbor Airport, ASU, and Mill Ave; close proximity to I-10, US-60 & Loop 202.; - Turn-Key Ready: Beautifully remodeled with reception area, 9 private offices, 2 conference rooms, bull pen, and break room.; - High-End Finishes: Granite floors, full glass conference room walls, reception desk with granite counter, and high-efficiency lighting.
    (480) 299-5964
    Request Owner's contact information
    2343 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
    2343 W University Dr Tempe, AZ 85281
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