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4 E University Dr 5,765 SF of Retail Space Available in Tempe, AZ 85281
HIGHLIGHTS
- Downtown Events & Tempe Town Lake attract around ±1.1 million people annually
- Located less than a mile from Loop 202 with over 163,000 vpd & easy access to Phoenix Sky Harbor International Airport
- Near Arizona State University with over 56,600 Students in Downtown Tempe
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,765 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Restaurant Build Out with Patio | Potential Retail Space
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- NEC Mill Ave & University Dr
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 4 E UNIVERSITY DR, TEMPE, AZ 85281
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Pita Jungle
- Restaurant
- 29
- Regional
- T-Mobile
- Wireless Communications
- 8,868
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Pita Jungle | Restaurant | 29 | Regional |
| T-Mobile | Wireless Communications | 8,868 | International |
PROPERTY FACTS
| Total Space Available | 5,765 SF | Gross Leasable Area | 7,204 SF |
| Property Type | Retail | Year Built | 1995 |
| Property Subtype | Restaurant |
| Total Space Available | 5,765 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,204 SF |
| Year Built | 1995 |
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| S Mill Ave | E 9th St, S | 29,074 | 2025 | 0.09 mi |
| South Mill Avenue | E 5th St, N | 28,869 | 2025 | 0.20 mi |
| W University Dr | S Ash Ave, E | 27,879 | 2025 | 0.20 mi |
| West University Drive | S Farmer Ave, W | 32,217 | 2025 | 0.22 mi |
| W 5th St | S Maple Ave, E | 4,206 | 2025 | 0.27 mi |
| Mill Ave | E Apache Blvd, S | 13,025 | 2024 | 0.27 mi |
| S College Ave | E 7th St, N | 5,504 | 2025 | 0.27 mi |
| East 5th Street | S Forest Ave, E | 6,323 | 2025 | 0.27 mi |
| E 5th St | S Forest Ave, E | 7,472 | 2025 | 0.27 mi |
| South Mill Avenue | W 11th St, S | 23,469 | 2025 | 0.29 mi |
NEARBY MAJOR RETAILERS
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