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Second-Generation Restaurant Space

1932-1956 E University Dr, Tempe, AZ 85281

For Lease
Contact for pricing

The center has building and monument signs, parking, and frontage along University Drive.

Space Size1,167 SF
Days on Market45

Property Features for 1932-1956 E University Dr

General Information

Standard status Active
Size 1,167 SF
Net Rentable 1,167 SF
Property subtype Retail, Restaurant

Space & Availability

Available Space 1,167 SF
Contiguous Space 1,167 SF
Space Use Restaurant

Site & Location

End Cap No
Pylon Signage Yes
Anchor Co-Tenants Geno's Pizza, Avasa Pan Asian Cuisine, Whisper Wax Bar, Cactus Smoke Shop, Urban Bloom, 360 Physical Therapy
Traffic Count 32,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Second-Generation Restaurant Yes

Amenities

building signage
monument signage

Building Details

Tenancy Multi

Spaces For Lease

at 1932-1956 E University Dr
Suite 1934 Active
Size 1,167 SF
Contact us
Listing Agency: GPS Commercial Advisors
Listed By: JENNIFER HILL · License AZ BR540315000
Source: Crexi
Added: Sep 26 Changed: Nov 8 Last Checked: Nov 8 at 5:56PM

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 GPS Commercial Advisors

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.

A 1,167 SF inline restaurant suite is available within Fort Knox Plaza. The space has a second-generation restaurant layout, and the retail center provides building and monument signage along with parking.

The property is at 1932-1956 E University Drive in Tempe, where University Drive carries over 32,000 cars per day. The Loop 101 is about half a mile away; Arizona State University's main campus, the Loop 202, and Valley Metro light rail are also nearby.

Center occupants include Geno's Pizza, Avasa Pan Asian Cuisine, Whisper Wax Bar, Cactus Smoke Shop, Urban Bloom, and 360 Physical Therapy. The five-mile trade area has roughly 357,000 residents and a daytime population above 456,000.

Key Highlights

  • 1,167 SF inline suite configured for a second‑generation restaurant
  • University Drive frontage; the roadway carries over 32,000 cars per day
  • Building and monument signage at the center, with parking

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Dental Office Accounting Firm Veterinary Clinic Garden Center Daycare Center

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

32,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,681
Businesses Nearby
80k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 34% Home Improvements & Furnishings 1%
McDonald's Dining
34,434 visits/mo 0.4 miles
Circle K Shops & Services
18,683 visits/mo 0.3 miles
Wienerschnitzel Dining
7,524 visits/mo 0.3 miles
White Castle Dining
4,545 visits/mo 0.3 miles
7-Eleven Shops & Services
4,155 visits/mo 0.4 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

Properties on Market for Conventional restaurants in Maricopa County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The center has building and monument signs, parking, and frontage along University Drive.
Where is this conventional restaurant located?
The property is located at 1932-1956 E University Dr Tempe, AZ.
What are key features of this property?
This property features: 1,167 SF inline suite configured for a second‑generation restaurant; University Drive frontage; the roadway carries over 32,000 cars per day; Building and monument signage at the center, with parking
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