1324 W University

For Lease

1324 W. University Drive, Tempe, AZ 85281

You can currently find 5 retail space(s) available for lease at 1324 W University. Designated use type for space listed here includes street retail. Current retail listings at this property total 3,700 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 1324 W University.

Space Available For Lease 5

Contacts

broker
Matt Harper

NAI Horizon

Property Details

  • Property Type Retail - Street Retail
  • Property Size 4,740 SF
  • Lot Size 0.5 Acre
  • Property Tenancy Single Tenant
  • Year Built 1962
  • Year Renovated 2025
  • Date Updated May 7, 2025
Priest & UniversityGreat owner/user or investment/redevelopment opportunity in Tempe.Prime Retail For Lease | 700 SF - 2,100 SF
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Excellent visibility on University Drive
  • Near large employers
  • Surrounded by apartments and residential
  • Great daytime population
  • Monument signage
  • High traffic counts
  • 1 Mile West of ASU Campus
  • 150’ of frontage on University Drive
  • Close proximity to Loop 202
  • E/NEC Priest Dr & University Dr
  • Hard to Find Small Suites will Roll Up Doors

Getting around

  • 68/100

    Walk Score ®

  • 46/100

    Transit Score ®

  • 89/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tempe, AZ
  • Neighborhood Peterson Park
  • Zip Code 85281
  • Market Phoenix

Points of Interest

  • 5th St / Ash Ave

    0.95 miles

  • University Dr / Ash Ave

    0.98 miles

  • 3rd St / Ash Ave

    1.01 miles

  • 9th St / Mill Ave

    1.13 miles

  • 6th St / Mill Ave

    1.14 miles

  • Mill Ave/ 3rd St

    1.14 miles

  • Tempe Beach Park / Rio Salado Pkwy

    1.15 miles

  • 11th St / Mill Ave

    1.17 miles

  • 3rd St / Mill Ave

    1.19 miles

  • Center Pkwy/ Washington

    1.32 miles

  • Circle K

    0.06 miles

  • chargepoint

    0.81 miles

  • Blink

    1.04 miles

  • Shell

    1.51 miles

  • Chevron

    1.54 miles

  • Phoenix Fuel

    1.81 miles

  • ChargePoint

    1.90 miles

  • Wallbox

    1.91 miles

  • Watermark Visitor Parking

    2.04 miles

  • Tesla Destination Charger

    2.21 miles

  • Centerpoint

    1.01 miles

  • CVS Parking Lot

    1.11 miles

  • City Hall Visitor's Parking

    1.19 miles

  • The Parking Spot South

    1.24 miles

  • Lot 3

    1.25 miles

  • 10th St. Parking Structure

    1.26 miles

  • Hayden Ferry Lakeside Parking Garage

    1.34 miles

  • University Towers Parking Structure

    1.35 miles

  • Fulton Center Parking Structure

    1.45 miles

  • Taco Bell

    0.03 miles

  • Original Hoagie Shop

    0.06 miles

  • Tokyo Stop

    0.08 miles

  • Dunkin'

    0.09 miles

  • Rally's

    0.13 miles

  • Subway

    0.14 miles

  • Munch A Lunch

    0.39 miles

  • Cornish Pasty Co.

    0.45 miles

  • Cafe Lalibella

    0.46 miles

  • So Good Kitchen

    0.48 miles

  • Whole Foods Market

    0.97 miles

  • 5th Street Deli and Market

    1.33 miles

  • P.O.D. Warehouse

    1.83 miles

  • Amigos Foods

    1.87 miles

  • Bharat Bazaar

    2.00 miles

  • Trader Joe's

    2.01 miles

  • Safeway

    2.18 miles

  • Fry's Food and Drug

    2.23 miles

  • Food City

    2.58 miles

  • American Freight

    2.64 miles

1324 W. University Drive Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    1324 W. University Drive is located in Peterson Park, which is home to a total of 21 listing(s). Retail space at 1324 W University asks $2,500.00/SF/MO per square foot.

  • The property includes 3,700 square feet of retail space for lease. Of this total, 3,700 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    1324 W. University Drive was last renovated in 2025.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Peterson Park is 28. The average household income here is $69,084 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Matt Harper

NAI Horizon

  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.