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    1415 University Dr Tempe, AZ 85281

    For Lease
    $16 SF/Yr

    Manufacturing/Warehouse Space Available

    Lot size:
    20,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 20,150 square foot industrial property, located at 1415 E University Dr in Tempe, Maricopa County, offers a unique leasing opportunity. Built in 1986, the building boasts a variety of suite configurations, all featuring convenient rear loading overhead doors. The property benefits from high visibility, situated on University Drive with over 44,200 vehicles passing daily. Ample parking is available for tenants and their clients. Currently, 1,950 square feet of space is immediately available for lease, making it ideal for a smaller business looking to establish a presence in this thriving area. The I-1 zoning allows for a range of industrial uses. Its strategic location provides easy access to major transportation arteries, including US-60, Loop 101, and Loop 202, ensuring efficient logistics. The property is also less than one mile from Arizona State University, offering proximity to a large and diverse workforce. Additional features include double doors and drop ceilings throughout the available space. The cross streets are E University Dr & S McClintock Dr. This property presents a compelling opportunity for businesses seeking a well-located, functional, and versatile industrial space.

    Property Features for 1415 University Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,150 SF
    Total Rate
    27202.5

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    Suite A103
    Size
    1,950 SF
    Rate per SF
    $16

    HighLights

    • 20,150 square foot industrial building, multi‑tenant, with 1,950 square feet currently available for lease.
    • Building features various suite configurations, all with rear loading overhead doors.
    • High visibility location on University Drive, with over 44,200 vehicles per day.
    • Ample parking available.
    • I‑1 zoning.
    • Less than one mile from Arizona State University.
    Property Profile Location Intelligence

    Current Use by Public Records

    Think Pro Graphics ... Website Designer Think! Screen Printing Screen Printer Blue Horizon Investments ... Investment Service Fifth Ace Casino ... Training Centre Tempe Yarn & Fiber Yarn Store

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9462873
    Latitude
    33.4195602

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    FAQs

    What type of property is this?
    Distribution property - Manufacturing/Warehouse Space Available
    Where is this distribution property located?
    The property is located at 1415 University Dr Tempe, AZ.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 20,150 square foot industrial building, multi-tenant, with 1,950 square feet currently available for lease.; Building features various suite configurations, all with rear loading overhead doors.; High visibility location on University Drive, with over 44,200 vehicles per day.
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    1415 University Dr Tempe, AZ 85281
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1415 University Dr Tempe, AZ 85281
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