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Street-Level Retail Space with Parking
For Lease
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965 E University Dr, Tempe, AZ 85288

Street-level retail space within a new multi-tower development with access to substantial parking.

Space Size5,500 SF - 8,800 SF
Days on Market223

Property Features for 965 E University Dr

General Information

Standard status Active
Size 5,500 SF - 8,800 SF
Total Parking Spaces 475
Property subtype RETAIL

Additional Details

Floor Ground

Spaces For Lease

at 965 E University Dr Contact us

965 E University Dr AVAILABLE, Completion

Floor 1 & 2
Size 5,500 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Revelry: A new luxury, multi-tower development delivering high-visibility, street-level retail below two Class A residential towers - Ideal for coffee, restaurant, boutique fitness, beauty & wellness, medical retail or service concepts - Immediate access to an active resident base, plus strong daytime population from Arizona State University and professional offices nearby - Strong parking access with 475 spaces
Contact us

965 E University Dr AVAILABLE, Completion

Floor 2
Size 8,800 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Revelry: A new luxury, multi-tower development delivering high-visibility, street-level retail below two Class A residential towers - Ideal for coffee, restaurant, boutique fitness, beauty & wellness, medical retail or service concepts - Immediate access to an active resident base, plus strong daytime population from Arizona State University and professional offices nearby - Strong parking access with 475 spaces
Contact us
Listing Agency: Diversified Partners LLC
Listed By: Marti Weinstein · License #SA678882000
Source: Moodyscre
Added: Mar 13 Changed: Oct 7 Last Checked: Oct 20 at 11:00PM

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 Diversified Partners LLC

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Investment Insights

Based on property information with market context.

This 10,800-square-foot retail space is positioned at street level within a new multi-tower development at 965 E University Dr in Tempe. The project includes retail beneath two Class A residential towers and provides 475 parking spaces for the development.

The property is near Arizona State University and professional offices, placing the space within a setting that includes both residential and daytime activity. Its retail format may accommodate a range of commercial concepts, subject to applicable approvals and tenant requirements.

Key Highlights

  • 10,800‑square‑foot retail space
  • Street‑level position beneath two Class A residential towers
  • New multi‑tower development

Property Analytics

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Open Analytics

Current Use

U-Haul Neighborhood Dealer Car Rental Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Veterinary Clinic Pet Grooming Service Dental Office Carpet & Flooring Store

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

1,259
Businesses Nearby
264k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Groceries 17% Shops & Services 8% Hotels & Casinos 4%
Raising Cane's Chicken Fingers Dining
53,909 visits/mo 0.1 miles
Trader Joe's Groceries
43,746 visits/mo 0.1 miles
Dutch Bros. Coffee Dining
36,284 visits/mo 0.4 miles
Taco Bell Dining
21,591 visits/mo 0.5 miles
Buffalo Wild Wings Dining
20,124 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Street-level retail space within a new multi-tower development with access to substantial parking.
Where is this retail space located?
The property is located at 965 E University Dr Tempe, AZ.
What are key features of this property?
This property features: 10,800‑square‑foot retail space; Street‑level position beneath two Class A residential towers; New multi‑tower development
(224) 612-2332 Call to check price and availability
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