1415 University Dr Tempe, AZ 85281
This exceptional 20,150 square foot industrial property, located at 1415 E University Dr in Tempe, Maricopa County, offers a unique leasing opportunity. Built in 1986, the building boasts a variety of suite configurations, all featuring convenient rear loading overhead doors. The property benefits from high visibility, situated on University Drive with over 44,200 vehicles passing daily. Ample parking is available for tenants and their clients. Currently, 1,950 square feet of space is immediately available for lease, making it ideal for a smaller business looking to establish a presence in this thriving area. The I-1 zoning allows for a range of industrial uses. Its strategic location provides easy access to major transportation arteries, including US-60, Loop 101, and Loop 202, ensuring efficient logistics. The property is also less than one mile from Arizona State University, offering proximity to a large and diverse workforce. Additional features include double doors and drop ceilings throughout the available space. The cross streets are E University Dr & S McClintock Dr. This property presents a compelling opportunity for businesses seeking a well-located, functional, and versatile industrial space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.