www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29524957
29524958

2309 E University Dr, Tempe, AZ 85288

NS
AZ SA7177620000
Matthews
CC
AZ SA710311000
Matthews
EM
AZ 704683000
Matthews
SA
AZ BR663663000
Matthews
Listed by Matthews
$3,600,000
121 days on market
Updated 9 days ago

2309 E University Dr

Details
Property Type Retail
Sub Type Gas Station
Year Built 1986
Acreage 0.860
Investment Type Owner/User

Owner-User Gas Station | Exceptional Traffic & Visibility | Strong and Expanding Population Base

Investment highlights

  • Exceptional Traffic & Visibility: Strategically positioned along the Loop 101 freeway near a high-traffic exit with approximately 119,000 vehicles per day (VPD), and directly fronting E University Drive with an additional ±34,600 VPD, delivering outstanding daily exposure within a major commercial corridor ideal for retail, convenience, or service-oriented uses.

  • Strong and Expanding Population Base: The surrounding trade area includes ±122,619 residents within a ±3-mile radius and ±307,165 within ±5 miles, offering strong consumer density for retail, QSR, or mixed-use redevelopment concepts.

  • Attractive Demographic Profile: Located within the dynamic Tempe submarket, the area features a young, well-educated population with a median household income of approximately $77,643—anchored by Arizona State University and a growing employment base.

  • Well-Maintained Site: Clean, functional layout with easy ingress/egress and ample on-site parking to support strong convenience store traffic.

  • NEW: Potential 100% Bonus Depreciation in Year One – Fee simple ownership of a gas station provides the landlord the opportunity to use the accelerated bonus depreciation model (consult with your CPA)

Listing Contacts

NS
AZ SA7177620000
Matthews
CC
AZ SA710311000
Matthews
EM
AZ 704683000
Matthews
SA
AZ BR663663000
Matthews
Listed by Matthews

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
David Harrington
License
CO701910000 (AZ)
Title
Broker of Record
Name
Nick Schmidt
License
SA7177620000
Name
Cole Cline
License
SA710311000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591