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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1323-1325 University Dr Tempe, AZ 85281

3,446 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,446 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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