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1101 W UNIVERSITY DR Tempe AZ 85281-5054

[Locked] • APN 12461159

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Details
Property Type Retail
Sub Type Storefront
Building SqFt 695
Lot SqFt 694
Acreage ******
Number of Units 8
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code MU-4
Year Built 2005
Building Count 1
Opportunity Zone No
Lease Type ******
Lease Term ******
Sold Price per Acre ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Storefront
Marketing Description

Discover an exceptional investment opportunity in the heart of Tempe, AZ!

Prime Retail Space

Located at 1101 W University Dr., Ste 101, this 695 sq. ft. retail space is currently leased to Yatai Ramen, a popular dining establishment that has signed a 5-year lease. With a rental rate of $34.54 per sq. ft., this property promises a reliable income stream.

Strategic Location

This property is strategically positioned near Arizona State University, ensuring a consistent flow of foot traffic from students and locals alike. Tempe's vibrant atmosphere, combined with its proximity to a major university, enhances the appeal of this investment.

Investment Potential

Built in 2005, this well-maintained space offers immediate cash flow and the potential for long-term appreciation in value. As Tempe continues to grow, driven by its robust economy and increasing demand for quality dining options, this property stands out as a sound investment choice.

Accessibility and Visibility

The property benefits from excellent visibility and accessibility, with street parking available for customers. Its location in a high-traffic area further enhances its attractiveness to potential tenants and patrons.

Why Invest in Tempe?

Tempe's real estate market is thriving, characterized by steady demand and moderate appreciation in property values. The city's dynamic economy, fueled by technology, education, and tourism, positions it as a prime location for investors seeking both short-term gains and long-term growth.

Don't miss out on this unique opportunity to secure a foothold in one of Arizona's most vibrant and rapidly growing markets. Invest in this prime retail space today and capitalize on the potential of Tempe's flourishing real estate landscape!

Investment Highlights

Discover an exceptional investment opportunity in the heart of Tempe, AZ!

Prime Retail Space

Located at 1101 W University Dr., Ste 101, this 695 sq. ft. retail space is currently leased to Yatai Ramen, a popular dining establishment that has signed a 5-year lease. With a rental rate of $34.54 per sq. ft., this property promises a reliable income stream.

Strategic Location

This property is strategically positioned near Arizona State University, ensuring a consistent flow of foot traffic from students and locals alike. Tempe's vibrant atmosphere, combined with its proximity to a major university, enhances the appeal of this investment.

Investment Potential

Built in 2005, this well-maintained space offers immediate cash flow and the potential for long-term appreciation in value. As Tempe continues to grow, driven by its robust economy and increasing demand for quality dining options, this property stands out as a sound investment choice.

Accessibility and Visibility

The property benefits from excellent visibility and accessibility, with street parking available for customers. Its location in a high-traffic area further enhances its attractiveness to potential tenants and patrons.

Why Invest in Tempe?

Tempe's real estate market is thriving, characterized by steady demand and moderate appreciation in property values. The city's dynamic economy, fueled by technology, education, and tourism, positions it as a prime location for investors seeking both short-term gains and long-term growth.

Don't miss out on this unique opportunity to secure a foothold in one of Arizona's most vibrant and rapidly growing markets. Invest in this prime retail space today and capitalize on the potential of Tempe's flourishing real estate landscape!

Sale Date
******
Sold Price
******
Sale Doc Number
******
Sale Document Type
******
Sold By
******
Sold To
******

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
JP
James Park PRO
•••.•••.5688
•••••7777@•••••.com
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