Search
Freestanding Retail Building For Lease
For Lease
Contact for pricing

1535 E University Dr, Mesa, AZ 85203

Newly renovated retail building with prominent signage on a major thoroughfare.

Space Size12,536 SF
Days on Market213

Property Features for 1535 E University Dr

General Information

Standard status Active
Size 12,536 SF
Property subtype Retail

Building Details

Building Size 12,536 SF
Year Built 1980

Spaces For Lease

at 1535 E University Dr Contact us

1535 E University Dr

Size
12,536 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Commercial Properties Inc.
Listed By: Dallin Pace, CCIM · License #BR676008000
Source: Cpiaz
Added: Jan 26 Changed: Aug 23 Last Checked: Aug 26 at 6:54AM

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 Commercial Properties Inc.

Investment Insights

Based on property information with market context.

This freestanding retail building, totaling 12,536 square feet, is available for lease with a 60-day notice. The property has been newly renovated, including a new roof, HVAC system, parking lot, landscaping, lighting, and paint. Situated on a major thoroughfare, the property benefits from excellent visibility and accessibility. It is located in a central location within easy reach of downtown Mesa and is surrounded by a diverse mix of residential neighborhoods, businesses, and educational institutions. Prominent monument signage is available on E University Dr. A substantial Tenant Improvement (T.I.) package is available for qualified tenants.

Key Highlights

  • Newly Renovated: Featuring a new roof, HVAC, parking lot, landscaping, lighting, and paint.
  • Excellent Visibility and Accessibility: Situated on a major thoroughfare for optimal exposure.
  • Central Location: Enjoy easy access to downtown Mesa and a diverse mix of neighborhoods, businesses, and educational institutions.

Property Analytics

Current Use

The Wallpaper Market (Bike/Boat/Book/etc) Store Iglesia Renovados en ... Church Templo Ebenezer Mesa Church Revolution Church Charitable Organization

Suggested Use

Top Pick Law Firm Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Home Appliance Store Bakery Travel Agency

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

1,072
Businesses Nearby
129k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 34% Dining 28% Groceries 23% Apparel 11%
Food City Arizona Groceries
30,161 visits/mo 0.5 miles
Circle K Shops & Services
16,684 visits/mo 0.4 miles
Wells Fargo Shops & Services
12,774 visits/mo 0.4 miles
Jack in the Box Dining
12,210 visits/mo 0.5 miles
Panda Express Dining
11,961 visits/mo 0.5 miles

Demographics for 85203, AZ

37,962
Population
14,020
Households
2.7
Avg Household Size
33
Median Age
29%
College-Educated
91%
High-School Grad
9.3 sq mi
ZIP Area
4,082
Density / Sq Mi
$72,851
Median Household Income
$40,524
Median Earnings
$1,388
Median Rent
$388,300
Median Home Value

Market

Lease Benchmarks for Mesa, AZ

$16.99 /SF/Yr
Avg Asking Price
$3.82–$29 /SF/Yr
Price Range
11,123 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail property - Newly renovated retail building with prominent signage on a major thoroughfare.
Where is this retail property located?
The property is located at 1535 E University Dr Mesa, AZ.
What are key features of this property?
This property features: Newly Renovated: Featuring a new roof, HVAC, parking lot, landscaping, lighting, and paint.; Excellent Visibility and Accessibility: Situated on a major thoroughfare for optimal exposure.; Central Location: Enjoy easy access to downtown Mesa and a diverse mix of neighborhoods, businesses, and educational institutions.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message