2535 E University Retail/Office Space

For Lease

2535 E University Dr, Tempe, AZ 85281

You can currently find 1 retail space(s) available for lease at 2535 E University Retail/Office Space. Designated use type for space listed here includes general office. Current retail listings at this property total 840 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at 2535 E University Retail/Office Space.

Space Available For Lease 1

Contacts

broker

Bryan Watkins

LRA Real Estate Group

(480) 734-7878

Property Details

  • Property Type Retail - Strip
  • Property Size 6,991 SF
  • Units 5
  • Lot Size 0.85 Acre
  • Parking Spaces Avail. 35
  • Property Tenancy Multi-Tenant
  • Year Built 1984
  • Year Renovated 2017
  • Date Updated Apr 5, 2024
The subject property is located at 2531 E University Dr in the City of Tempe, Maricopa County, Arizona. The subject property is in the East Valley and East Tempe, and is a very good location with respect to commercial services, thoroughfares, public transportation and community services. Appeal of the area is very good and in redevelopment in terms of retail, commercial and residential use. The subject benefits from busy commuter and local traffic along University Drive. It is less than one mile from the new Chicago Cubs spring training location. Metro Phoenix Location The Metro Phoenix area is among the fastest-growing metropolitan areas in the country with an estimated 4.3 million residents. It has an accessible location, excellent lifestyle amenities, a pro-business Governor with a growing business and entrepreneurial climate. The area has a predictable 320+ days of sunshine each year with mild winter temps and summer months of dry heat. Phoenix is the epicenter of the Southwest and proves to be particularly desirable to aerospace, nanotechnology, bioscience, advanced business services, high-tech and healthcare. Phoenix is home to major sports franchises: Arizona Diamondback baseball, Phoenix SUNS basketball, and Arizona Cardinals football and Arizona Coyotes hockey.Convenient space on the SWC corner of University & N Evergreen Rd. The property contains a convenience store which anchors the site, with a neighborhood Strip Center with space available.

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Highlights

  • Retail/Office Strip Center
  • Next to Convenience Store
  • Easy access to Freeway 101

Attachments

Getting around

  • 56/100

    Walk Score ®

  • 51/100

    Transit Score ®

  • 81/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tempe, AZ
  • Neighborhood Hughes Acres
  • Zip Code 85281
  • Market Phoenix

Points of Interest

  • Price-101 Fwy/ Apache Blvd

    0.53 miles

  • Sycamore/ Main St

    0.85 miles

  • Smith-Martin/ Apache Blvd

    1.10 miles

  • McClintock/ Apache Blvd

    1.49 miles

  • Alma School/ Main St

    1.69 miles

  • Dorsey/ Apache Blvd

    1.98 miles

  • Dorsey / Apache Bvd

    1.99 miles

  • American Liberty Transportation

    2.32 miles

  • Rural Rd / Apache Blvd

    2.45 miles

  • University Drive/Rural

    2.50 miles

  • 76

    0.34 miles

  • Circle K

    0.52 miles

  • Circle K

    0.56 miles

  • QuikTrip

    0.61 miles

  • Circle K

    0.67 miles

  • Circle K

    0.91 miles

  • QuikTrip

    1.02 miles

  • Mobil

    1.06 miles

  • Shell

    1.09 miles

  • Shell

    1.10 miles

  • Valley Metro Light Rail Park-and-Ride

    0.73 miles

  • Dorsey & Apache Park and Ride

    1.98 miles

  • Green 4

    2.02 miles

  • Purple 3

    2.05 miles

  • Green 5

    2.07 miles

  • Yellow 2

    2.08 miles

  • Purple 2

    2.10 miles

  • Purple 1

    2.10 miles

  • Northwest Parking Lot

    2.12 miles

  • Blue 3

    2.12 miles

  • Waffle House

    0.50 miles

  • Jack in the Box

    0.59 miles

  • Stats Sports Grill at Wrigley West

    0.73 miles

  • Jack in the Box

    0.73 miles

  • Unphogettable

    0.74 miles

  • Nan Zhou Hand Drawn Noodle House

    0.84 miles

  • BoSa Donuts

    0.85 miles

  • Peter Piper Pizza

    0.89 miles

  • Panda Express

    0.93 miles

  • Princess Market

    0.94 miles

  • Safeway

    0.69 miles

  • Burlington

    0.99 miles

  • AZ International Marketplace

    1.06 miles

  • Marshalls

    1.14 miles

  • JCPenney

    1.28 miles

  • Walmart Supercenter

    1.29 miles

  • Target

    1.41 miles

  • Tempe Marketplace

    1.48 miles

  • Fry's Food and Drug

    1.57 miles

  • Ross

    1.60 miles

2535 E University Dr 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.

    2535 E University Dr is located in Hughes Acres, which is home to a total of 49 listing(s). Retail space at 2535 E University Retail/Office Space asks $1,000.00/MO per square foot.

  • The property includes 840 square feet of retail space for lease. Of this total, 840 square feet are General Office.

    Lease agreement conditions for the availability at this property include Modified Gross.

    In addition to retail space, the property also includes 1 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.

    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.

    2535 E University Dr was last renovated in 2017.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Hughes Acres is 29. The average household income here is $56,678 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

Bryan Watkins

LRA Real Estate Group

(480) 734-7878

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