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Mixed-Use Urban Street Front Development
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800 E University Dr, Tempe, AZ 85281

355-acre mixed-use development with retail, office, and multifamily spaces.

Space Size2,628 SF - 40,000 SF
Lot Size355.00 Acres
Days on Market204

Property Features for 800 E University Dr

General Information

Standard status Active
Size 2,628 SF - 40,000 SF
Lot size 355.00 Acres
Property subtype Retail - Street Retail

Spaces For Lease

at 800 E University Dr Contact us

Future Available | Creative Office / Retail / Event Building Immediate

Size 40,000 SF
Type Retail
Rate Contact for pricing
Sublease No
Renewal Option Yes
Contact us

Retail / Restaurants Immediate

Size 2,628 SF
Type Retail
Rate Contact for pricing
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Phoenix Commercial Advisors
Listed By: Teale Bloom
Source: Commercialcafe
Added: Apr 1 Changed: Oct 20 Last Checked: Oct 20 at 5:17PM

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 Phoenix Commercial Advisors

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Investment Insights

Based on property information with market context.

This is a 355-acre master-planned, mixed-use urban street front development. It includes 250,000 square feet of retail and restaurant space, 4.5 million square feet of office space, and 4,100 market-rate multifamily units.

Key Highlights

  • 355‑acre master‑planned, mixed‑use urban street front development
  • Boasts 4.5 Million SF of Office Space
  • Includes 4,100 Multi‑family Units (market rate)

Property Analytics

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Current Use

Ceramics Grad. Studio University

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Locksmith Pet Store Pet Store & Service Fish Market

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

1,502
Businesses Nearby
272k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Groceries 16% Shops & Services 8% Hotels & Casinos 3%
Raising Cane's Chicken Fingers Dining
53,909 visits/mo 0.2 miles
Trader Joe's Groceries
43,746 visits/mo 0.1 miles
Dutch Bros. Coffee Dining
36,284 visits/mo 0.3 miles
Taco Bell Dining
21,591 visits/mo 0.5 miles
Buffalo Wild Wings Dining
20,124 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Tempe, AZ

$15.79 /SF/Yr
Avg Asking Price
$2.69–$26 /SF/Yr
Price Range
33,415 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

Frequently Asked Questions

What type of property is this?
Retail space - 355-acre mixed-use development with retail, office, and multifamily spaces.
Where is this retail space located?
The property is located at 800 E University Dr Tempe, AZ.
What are key features of this property?
This property features: 355‑acre master‑planned, mixed‑use urban street front development; Boasts 4.5 Million SF of Office Space; Includes 4,100 Multi‑family Units (market rate)
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