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Tempe Industrial Flex Space
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2245 W University Dr, Tempe, AZ 85281

Industrial flex space for lease in Tempe, Arizona.

Space Size3,089 SF
Property Size52,577 SF
Lot Size2.86 Acres
Days on Market268

Property Features for 2245 W University Dr

General Information

Standard status Active
Size 3,089 SF
Lot size 2.86 Acres
Property subtype Industrial
Lease Term MG

Building Details

Building Size 52,577 SF

Spaces For Lease

at 2245 W University Dr
2245 W University Dr, Ste 7 $1.20/SF/Mo
Size 3,089 SF
Term Negotiable
Contact us
Listing Agency: Commercial Properties Inc
Listed By: Tyson Breinholt · License #BR517298000
Source: Cpiaz
Added: Jan 26 Changed: Oct 11 Last Checked: Oct 20 at 6:54PM

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

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Investment Insights

Based on property information with market context.

This industrial flex space is available for lease in Tempe, Arizona. The property is situated on approximately 2.86 acres of land and features 12-foot clear heights. It has frontage on University Drive and is located a quarter of a mile from the SR-143 Freeway. The property is also located minutes from Sky Harbor International Airport. The space will be available starting February 15, 2025.

Key Highlights

  • Minutes from Sky Harbor International Airport
  • Just 1/4 miles from SR‑143 Freeway
  • Frontage on University Dr

Property Analytics

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Open Analytics

Current Use

Miche Bag of Arizona Warehouse & Storage Pro-Surfacing Inc General Contractor Institute For Drivers Safety Training Center Primerica Insurance Agency Pro Micro Electronics & Wireless Store

Suggested Use

Top Pick Law Firm Dental Office Nail Salon Hair Salon Accounting Firm (Bike/Boat/Book/etc) 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

1,781
Businesses Nearby
Well-served
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
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Market

Lease Benchmarks for Tempe, AZ

$18.87 /SF/Yr
Avg Asking Price
$12–$28.04 /SF/Yr
Price Range
30,512 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

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

Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex space for lease in Tempe, Arizona.
Where is this flex space located?
The property is located at 2245 W University Dr Tempe, AZ.
What are key features of this property?
This property features: Minutes from Sky Harbor International Airport; Just 1/4 miles from SR‑143 Freeway; Frontage on University Dr
More about this property
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