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Mixed-Use Development in Tempe, AZ
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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
Property Size250,000 SF
Lot Size355.00 Acres
Days on Market760

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, Restaurant, Office

Building Details

Building Size 250,000 SF
Tenancy Multiple

Spaces For Lease

at 800 E University Dr Contact us

Available Space

Size
2,628 SF
Type
Restaurant, Retail
Availability
Active
Contact us

Creative Office / Retail / Event Building

Size
40,000 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Phoenix Commercial Advisors
Listed By: Teale Bloom · License #AZ
Source: Crexi
Added: Jul 12, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:35AM

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

Investment Insights

Based on property information with market context.

This 355-acre master-planned, mixed-use urban street front development is located where Scottsdale, Tempe, and Phoenix converge. The development 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. It is designed as a model for innovation and sustainable planning. The location offers opportunities for brand presence with cutting-edge concepts. Situated near four major highways, the development provides access to major cities. Rural Road experiences approximately 47,000 vehicles per day, and University Drive sees approximately 30,000 vehicles per day. This new world-class athletics district presents opportunities for best-in-class operators.

Key Highlights

  • 355‑acre master‑planned, mixed‑use development.
  • Located at the intersection of Scottsdale, Tempe, and Phoenix.
  • Features 250,000 SF of Retail/Restaurants, 4.5 million SF of Office space, and 4,100 Multifamily Units.

Property Analytics

Current Use

Ceramics Grad. Studio University

Suggested Use

Top Pick Auto Parts Store Building Supply Storage Facility Electrical Service Dental Office Furniture & Home Goods

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

2,237
Businesses Nearby
202k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 74% Apparel 9% Shops & Services 9% Leisure 6%
Chick-fil-A Dining
33,031 visits/mo 0.1 miles
Chili's Grill & Bar Dining
28,362 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
18,614 visits/mo 0.3 miles
Jack in the Box Dining
13,708 visits/mo 0.1 miles
AMC Centerpoint 11 Leisure
13,061 visits/mo 0.1 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 355-acre mixed-use development with retail, office, and multifamily spaces.
Where is this mixed-use property 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 development.; Located at the intersection of Scottsdale, Tempe, and Phoenix.; Features **250,000 SF of Retail/Restaurants, 4.5 million SF of Office space, and 4,100 Multifamily Units**.
(602) 735-5555 Call to check price and availability
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