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Mixed-Use Urban Street Front Development
For Lease
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800 E University Dr, Tempe, AZ 85281

355-acre mixed-use development with retail, office, and multifamily spaces.

Space Size2,628 SF - 40,000 SF
Lot Size355.00 Acres
Days on Market158

Property Features for 800 E University Dr

General Information

Standard status Active
Size 2,628 SF - 40,000 SF
Lot size 355.00 Acres
Property subtype Retail - Street Retail

Spaces For Lease

at 800 E University Dr Contact us

Future Available | Creative Office / Retail / Event Building

Size
40,000 SF
Type
Retail
Rate
Contact for pricing
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Retail / Restaurants

Size
2,628 SF
Type
Retail
Rate
Contact for pricing
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Phoenix Commercial Advisors
Listed By: Teale Bloom
Source: Commercialcafe
Added: Apr 1 Changed: Sep 4 Last Checked: Sep 5 at 4:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Phoenix Commercial Advisors

Investment Insights

Based on property information with market context.

This is a 355-acre master-planned, mixed-use urban street front development. It includes 250,000 square feet of retail and restaurant space, 4.5 million square feet of office space, and 4,100 market-rate multifamily units.

Key Highlights

  • 355‑acre master‑planned, mixed‑use urban street front development
  • Boasts 4.5 Million SF of Office Space
  • Includes 4,100 Multi‑family Units (market rate)

Property Analytics

Current Use

Ceramics Grad. Studio University

Suggested Use

Top Pick Auto Parts Store Building Supply Storage Facility Electrical Service Dental Office Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,502
Businesses Nearby
272k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Groceries 16% Shops & Services 8% Hotels & Casinos 3%
Raising Cane's Chicken Fingers Dining
53,909 visits/mo 0.2 miles
Trader Joe's Groceries
43,746 visits/mo 0.1 miles
Dutch Bros. Coffee Dining
36,284 visits/mo 0.3 miles
Taco Bell Dining
21,591 visits/mo 0.5 miles
Buffalo Wild Wings Dining
20,124 visits/mo 0.2 miles

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value

Market

Lease Benchmarks for Tempe, AZ

$18.38 /SF/Yr
Avg Asking Price
$15–$26 /SF/Yr
Price Range
36,408 SF
Avg Space Size

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 355-acre mixed-use development with retail, office, and multifamily spaces.
Where is this retail space located?
The property is located at 800 E University Dr Tempe, AZ.
What are key features of this property?
This property features: 355‑acre master‑planned, mixed‑use urban street front development; Boasts 4.5 Million SF of Office Space; Includes 4,100 Multi‑family Units (market rate)
More about this property
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