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Flex Space

1505 West University Drive, Tempe, AZ 85281

For Lease
Contact for pricing

Located in Tempe near ASU, the property is offered for lease.

Space Size1,052 SF - 5,622 SF
Days on Market16

Property Features for 1505 West University Drive

General Information

Standard status Active
Size 1,052 SF - 5,622 SF
Property subtype Office, Industrial

Spaces For Lease

at 1505 West University Drive Contact us

Bldg 1525 - Suite 108 Active

Size 3,223 SF
Contact us

Bldg 1505 - Suite 105 Active

Size 1,829 SF
Contact us

Bldg 1505 - Suite 106 Active

Size 1,598 SF
Contact us

Bldg 1515 - Suite 104 Active

Size 5,622 SF
Contact us

Bldg 1525 - Suite 101 Active

Size 2,225 SF
Contact us

Bldg 1565 - Suite 104 Active

Size 3,900 SF
Contact us

Bldg 1575 - Suite 111 Active

Size 1,052 SF
Contact us
Listing Agency: CBRE - Phoenix
Listed By: Jamie Swirtz · License AZ SA625844000
Source: Crexi
Added: Oct 26 Changed: Nov 9 Last Checked: Nov 10 at 5:51AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex space is available for lease at 1505 West University Drive in Tempe, Arizona. The property is near ASU, placing it within reach of the university and the surrounding area.

Key Highlights

  • Tempe flex space offered for lease
  • Near ASU
  • 1505 West University Drive, Tempe, AZ 85281

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sportiqe Apparel Clothing Store Axt Software (Bike/Boat/Book/etc) Store Falcon Electronics & Wireless Store Hunter Design and Consulting Consultant Axt Media Group ... Advertising Agency

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Tempe, AZ

$18.87 /SF/Yr
Avg Asking Price
$12–$28.04 /SF/Yr
Price Range
31,210 SF
Avg Space Size

Properties on Market for Flex space in Tempe

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • AZ School Meals — 1235 S 48th St #4, Tempe, AZ 85281
  • AZ Inspirations Catering — 2400 W Medtronic Way #2, Tempe, AZ 85281
  • Arizona Party Wizards — 2400 W Medtronic Way # 2, Tempe, AZ 85281
  • Morrison Catering — 2235 W 1st St, Tempe, AZ 85281
  • Santa Barbara Catering Co — 1090 w 5th st, tempe, az 85281

Frequently Asked Questions

What type of property is this?
Flex space - Located in Tempe near ASU, the property is offered for lease.
Where is this flex space located?
The property is located at 1505 West University Drive Tempe, AZ.
What are key features of this property?
This property features: Tempe flex space offered for lease; Near ASU; 1505 West University Drive, Tempe, AZ 85281
(602) 735-5630 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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