1323-1325 University Dr Tempe, AZ 85281
- Retail properties
- 3,446 SF
Current Use by Public Records
- Retail properties
Property Details for 1323-1325 University Dr
- Property size
- 3,446 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional owner-user investment opportunity presents a 3,446 square foot retail building situated on a 9,984 square foot lot in Tempe, Arizona. Located at 1323-1325 W University Dr, 85281, this property boasts excellent visibility and accessibility, with ample parking for 16 vehicles. The building features a large glass storefront, enhancing its appeal and maximizing natural light. Inside, you'll find three private restrooms and newer HVAC units, ensuring comfort and efficiency. Currently occupied by a bakery and catering business, the lease expires January 31, 2025, presenting a unique opportunity for an owner-occupier or investor seeking a strong tenant in place. The property's strategic location near Arizona State University, Sky Harbor Airport, and major freeways guarantees high foot traffic and convenient access for both employees and customers. This is an ideal investment for a business seeking a prominent location with significant potential for growth. The asking price is $1,200,000.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.96
- Latitude
- 33.4217
