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    Warehouses

    1605 University Dr, Tempe, AZ 85281

    64,072 SF
    Property ID
    Property summary
    AI-generated overview

    Gateway University Park II, located at 1605 W University Dr, Tempe, AZ 85281, offers ±64,072 square feet of flexible commercial space. This Maricopa County property features a mix of office and industrial-flex units, ideal for various businesses. Currently, there are two available spaces ranging from approximately 1,728 to 1,750 contiguous square feet, with a minimum divisible space of 1,728 square feet. The building boasts three-phase power and ample parking (3.46 spaces per 1,000 square feet). The property is zoned GID and enjoys a prime location near Sky Harbor Airport, offering excellent visibility on University Drive. Units feature solar-tinted glass storefronts and individual suite signage. The lease structure is an industrial gross lease with a base year, including HVAC and evaporative cooler maintenance as part of the base year operating expenses. This is a fantastic opportunity to secure versatile, well-located commercial space in a thriving Tempe market. The property is easily accessible and benefits from high visibility, making it an attractive option for businesses seeking a prominent location.

    Property profile
    Verified
    Property type Warehouses
    Total area 64,072 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
    Current use
    Occupant on record · Public records
    • Cookies From Home Tattoo & Piercing Shop
    • SuperCru Tech Support Center (Bike/Boat/Book/etc) Store
    • Desert Computer Solutions Computer & Electronic Repair
    • जीवराजसिहनगर बालेसर सत्ता Industrial Park Production Facility
    • Holtzman Home Improvement Plumbing Plumbing Service General Contractor
    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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