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Retail Suite with Private Restroom
For Lease
$1,300/Mo

2531 E University Drive, Tempe, AZ 85288

Open-format space in a strip center with separate electric and shared parking.

Space Size860 SF
Property Size10,450 SF
Days on Market144

Property Features for 2531 E University Drive

General Information

Standard status Active
Size 860 SF
Net Rentable 860 SF
Zoning [CSS] Commercia

Space & Availability

Available Space 860 SF
Contiguous Space 860 SF
Space Use Office
Available From Immediate

Site & Location

Anchor Co-Tenants Sunshine Convenience Market, El Tlacoyo restaurant
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $13,792

Amenities

private restroom
separate electric
shared parking
Tile flooring

Building Details

Building Size 10,450 SF
Year Built 1984
Buildings 1
Tenancy Multi
Listing Agency: LRA Real Estate Group, LLC
Listed By: Bryan Watkins · License #BR545459000
Source: Aznewhorizonrealty
Added: Mar 31 Changed: Aug 18 Last Checked: Aug 20 at 2:01PM

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 LRA Real Estate Group, LLC

Investment Insights

Based on property information with market context.

Suite 3 offers 860 square feet within a strip center at 2531 E University Drive in Tempe. The layout includes an open area, private restroom, tile flooring, and separate electric service, with shared parking available for the center.

The suite is positioned behind Sunshine Convenience Market and beside El Tlacoyo restaurant. The space has previously supported call center, office, and retail operations and is offered for rent.

Key Highlights

  • 860 SF suite in a strip center
  • Open layout with private restroom
  • Separate electric service

Property Analytics

Current Use

Sunshine Convenience Mart Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Nail Salon (Bike/Boat/Book/etc) Store Accounting Firm Hair Salon Veterinary Clinic

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

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby

Market

Lease Benchmarks for Tempe, AZ

$18.79 /SF/Yr
Avg Asking Price
$15–$26 /SF/Yr
Price Range
31,161 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Open-format space in a strip center with separate electric and shared parking.
Where is this retail space located?
The property is located at 2531 E University Drive Tempe, AZ.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: 860 SF suite in a strip center; Open layout with private restroom; Separate electric service
More about this property
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