2535 E University Retail/Office Space Listing Details & Market Data

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.