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Move-In Ready Flex Space
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1505-1575 W University Dr, Tempe, AZ 85281

Move-in ready flex space with university frontage, extensive built-out, above-standard window coverage, and covered parking available.

Property Size4,736 SF
Days on Market86

Property Features for 1505-1575 W University Dr

General Information

Standard status Active
Size 4,736 SF
Property subtype FLEX_R_AND_D

Amenities

building signage
covered parking
lush landscaping
garden courtyard environment
extensive high-quality built-out with above-standard window coverage
Listing Agency: CBRE | Phoenix
Listed By: Andrew Brigham · License #AZ SA564300000
Source: Moodyscre
Added: May 8 Changed: Jul 25 Last Checked: Jul 31 at 12:06PM

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 CBRE | Phoenix

Investment Insights

Based on property information with market context.

Move-in ready flex space featuring extensive, high-quality built-out and above-standard window coverage. The property also includes a garden courtyard environment with lush landscaping, and building signage is available with the university frontage.

Parking is supported by a 4-5 per 1,000 SF parking ratio, with covered parking available. The location offers convenient access, with Sky Harbor International Airport approximately 5 minutes away and Arizona State University approximately 3 minutes away.

Key Highlights

  • Move‑in ready flex space with university frontage and building signage available
  • 4‑5 per 1,000 SF parking ratio, with covered parking available
  • Extensive, high‑quality built‑out with above‑standard window coverage

Property Analytics

Current Use

Work space tempe Business Service Center

Suggested Use

Top Pick Dental Office Hair Salon (Bike/Boat/Book/etc) Store Barber Shop Food Market Grocery & Convenience Store

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

1,379
Businesses Nearby
Balanced
Demand for This Use

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

$79.24 /SF/Yr
Avg Asking Price
$13.5–$141 /SF/Yr
Price Range
9,501 SF
Avg Space Size

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Move-in ready flex space with university frontage, extensive built-out, above-standard window coverage, and covered parking available.
Where is this flex space located?
The property is located at 1505-1575 W University Dr Tempe, AZ.
What are key features of this property?
This property features: Move‑in ready flex space with university frontage and building signage available; 4‑5 per 1,000 SF parking ratio, with covered parking available; Extensive, high‑quality built‑out with above‑standard window coverage
(602) 228-1331 Call to check price and availability
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