Property profile

4 E University Dr Tempe, AZ 85281

FOR LEASE
Turn key restaurants
Property ID
US07-0731068
7,204 SF 0.24 ac lot Built 1995
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Construction CONCRETE
Total area 7,204 SF
Lot 0.24 ac (10,550 SF)
Zoning code C-C
APN 132-27-150A
UPID US07-0731068

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

4 E University Dr Tempe, AZ 85281
Tempe metro Census 318700 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.83M
Blend (final) Blend
$620k

Owner & transaction history

since 2015
7 recorded transactions
2015
Price N/A
2008
Price N/A
1995
Price N/A
1995
$175,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-C · Tempe, AZ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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