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    4 E University Dr Tempe, AZ 85281

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    For Lease
    Contact for pricing

    Restaurant build out with patio and potential retail space.

    Property size:
    5,765 SF
    Lot size:
    0.24 Acres

    Property Features for 4 E University Dr

    General Information

    Size
    5,765 SF
    Lot size
    0.24 Acres

    Source: De Rito Partners Inc Agent Randy Schoch

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

    Overview

    Restaurant Build Out with Patio

    This property offers a restaurant build out with a patio and potential retail space. The property size is 5765 square feet. It is suitable for restaurants, retail properties, and other restaurant businesses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pita Jungle Mediterranean Restaurant

    Suggested Use

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

    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
    -111.9396137
    Latitude
    33.4221941

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    FAQs

    What type of property is this?
    Restaurant - Restaurant build out with patio and potential retail space.
    Where is this restaurant located?
    The property is located at 4 E University Dr Tempe, AZ.
    What are key features of this property?
    This property features: - Restaurant build-out already in place.; - Includes a patio.; - Potential for retail space.
    (480) 834-8500
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    4 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
    4 E University Dr Tempe, AZ 85281
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