Entity Owned Property summary
This exceptional Class A office space, located at 2435 E University Dr, Tempe, AZ 85034, offers 240 square feet of dedicated office area within a larger 4,800 square foot building. Built in 2022 and renovated in 2023, the property boasts a contemporary design with a 12-foot ceiling height. The single-tenant occupancy provides privacy and control. The building features ample parking with 30 spaces available for tenants and guests. This location provides excellent visibility and accessibility, situated near the intersection of Hwy 101 and University Drive in Tempe, Arizona. In addition to the private office space, tenants have access to 1200 square feet of usable common area. Property taxes are $0 per square foot. The building is a single-story structure. This is an ideal opportunity for a small business seeking a modern, well-maintained office space in a prime Tempe location with convenient highway access.
Property profile
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significant amounts of heat, mechanical and chemical processing, large amounts of materials t…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
A-2 · Phoenix, AZThe purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significant amounts of heat, mechanical and chemical processing, large amounts of materials t…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significant amounts of heat, mechanical and chemical processing, large amounts of materials t…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for A-2 in Phoenix, AZ.
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