Property summary
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
VerifiedCap rate & NOI
Current use
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Tattoo & Piercing Shop
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Tech Support Center (Bike/Boat/Book/etc) Store
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Computer & Electronic Repair
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Industrial Park Production Facility
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Plumbing Service General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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