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Anchored Strip Center Suite
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2535 E University Dr, Tempe, AZ 85281

Office and retail space within a neighborhood center anchored by a convenience store.

Space Size840 SF
Property Size6,991 SF
Days on Market200

Property Features for 2535 E University Dr

General Information

Standard status Active
Size 840 SF
Property subtype Strip Center

Site & Location

Corner Location Yes
Highway Access Yes
Public Transit Yes

Building Details

Building Size 6,991 SF
Year Built 1984

Spaces For Lease

at 2535 E University Dr Contact us

Suite 3

Size
840 SF
Lease Type
Modified Gross
Contact us
Listing Agency: LRA Real Estate Group
Listed By: Bryan Watkins · License ##BR545459000
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 7:07PM

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

Investment Insights

Based on property information with market context.

Suite 3 offers office and retail space within a neighborhood strip center constructed in 1984. A convenience store anchors the property, creating an established commercial setting for the available space.

The center occupies the southwest corner of University Drive and N Evergreen Road in Tempe, with exposure to commuter and local traffic along University Drive. The property provides access to Freeway 101 and is positioned near commercial services, public transportation, and community services. The Chicago Cubs spring training location is less than one mile away.

Key Highlights

  • Office and retail space identified as Suite 3
  • Neighborhood strip center anchored by a convenience store
  • Located at the southwest corner of University Drive and N Evergreen Road

Property Analytics

Current Use

El Tlacoyo Restaurant Turf and Truck Truck Farmer Fresco Deck & Patio ... Construction Company NAMA Gym & Fitness Center Cool Pergola, LLC. Building Supply

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
11,355 visits/mo 0.5 miles
U-Haul Shops & Services
2,245 visits/mo 0.5 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

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Office and retail space within a neighborhood center anchored by a convenience store.
Where is this strip mall located?
The property is located at 2535 E University Dr Tempe, AZ.
What are key features of this property?
This property features: Office and retail space identified as Suite 3; Neighborhood strip center anchored by a convenience store; Located at the southwest corner of University Drive and N Evergreen Road
More about this property
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