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Highlights

  • Multi-tenant industrial condo park with ±28,415 SF of total space and flexible configurations.
  • Convenient access to Loop 202, Loop 101, and I-10 for regional connectivity.
  • Positioned within minutes of Phoenix Sky Harbor International Airport for efficient logistics.
  • Frontage and visibility along E University Drive with high traffic exposure.
  • Close proximity to Arizona State University, Tempe Marketplace, and major employment hubs.
  • Ample surface parking supporting tenant operations and customer traffic.

All Available Spaces(3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste 1
  • 3,354 SF
  • Negotiable
  • $15.00 /SF/YR $1.25 /SF/MO $50,310 /YR $4,193 /MO
  • Retail
  • Partial Build-Out
  • Now

Showroom, Restroom

  • Lease rate does not include utilities, property expenses or building services
  • Can be combined with additional space(s) for up to 9,536 SF of adjacent space
  • Easy access to Loop 202
  • Located in-line with other retail
  • Central Air Conditioning
  • 1st Floor, Ste 2
  • 1,599 SF
  • Negotiable
  • $15.00 /SF/YR $1.25 /SF/MO $23,985 /YR $1,999 /MO
  • Retail
  • Partial Build-Out
  • Now

Showroom, Restroom

  • Lease rate does not include utilities, property expenses or building services
  • Can be combined with additional space(s) for up to 9,536 SF of adjacent space
  • Easy access to Loop 202
  • Located in-line with other retail
  • Central Air Conditioning
  • 1st Floor, Ste 3
  • 4,583 SF
  • Negotiable
  • $15.00 /SF/YR $1.25 /SF/MO $68,745 /YR $5,729 /MO
  • Retail
  • Partial Build-Out
  • Now

Showroom, Restroom

  • Lease rate does not include utilities, property expenses or building services
  • Can be combined with additional space(s) for up to 9,536 SF of adjacent space
  • Easy access to Loop 202
  • Located in-line with other retail
  • Central Air Conditioning
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste 1 3,354 SF Negotiable $15.00 /SF/YR $1.25 /SF/MO $50,310 /YR $4,193 /MO Retail Partial Build-Out Now
1st Floor, Ste 2 1,599 SF Negotiable $15.00 /SF/YR $1.25 /SF/MO $23,985 /YR $1,999 /MO Retail Partial Build-Out Now
1st Floor, Ste 3 4,583 SF Negotiable $15.00 /SF/YR $1.25 /SF/MO $68,745 /YR $5,729 /MO Retail Partial Build-Out Now

1st Floor, Ste 1

Size
3,354 SF
Term
Negotiable
Rental Rate
$15.00 /SF/YR $1.25 /SF/MO $50,310 /YR $4,193 /MO
Space Use
Retail
Build-Out
Partial Build-Out
Available
Now

1st Floor, Ste 2

Size
1,599 SF
Term
Negotiable
Rental Rate
$15.00 /SF/YR $1.25 /SF/MO $23,985 /YR $1,999 /MO
Space Use
Retail
Build-Out
Partial Build-Out
Available
Now

1st Floor, Ste 3

Size
4,583 SF
Term
Negotiable
Rental Rate
$15.00 /SF/YR $1.25 /SF/MO $68,745 /YR $5,729 /MO
Space Use
Retail
Build-Out
Partial Build-Out
Available
Now

1st Floor, Ste 1

Size 3,354 SF
Term Negotiable
Rental Rate $15.00 /SF/YR
Space Use Retail
Build-Out Partial Build-Out
Available Now

Showroom, Restroom

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 9,536 SF of adjacent space
  • Central Air Conditioning
  • Easy access to Loop 202

1st Floor, Ste 2

Size 1,599 SF
Term Negotiable
Rental Rate $15.00 /SF/YR
Space Use Retail
Build-Out Partial Build-Out
Available Now

Showroom, Restroom

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 9,536 SF of adjacent space
  • Central Air Conditioning
  • Easy access to Loop 202

1st Floor, Ste 3

Size 4,583 SF
Term Negotiable
Rental Rate $15.00 /SF/YR
Space Use Retail
Build-Out Partial Build-Out
Available Now

Showroom, Restroom

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 9,536 SF of adjacent space
  • Central Air Conditioning
  • Easy access to Loop 202

Select Tenants

  • Floor
  • Tenant Name
  • Industry
  • 1st
  • Gustavo Dantas Brazilian Jiu-Jitsu Llc
  • Educational Services
  • 1st
  • NAPA Auto Parts
  • Retailer

Manufacturing Facility Facts

Building Size
16,640 SF
Lot Size
1.30 AC
Year Built
1982
Construction
Masonry
Power Supply
Volts: 120-208 Phase: 3
Zoning
I-1 - Industrial

Property Overview

University Business Center offers a well-located multi-tenant industrial complex along East University Drive in Tempe, Arizona. Featuring functional industrial condo units with a mix of warehouse and storefront elements, the property provides visibility and accessibility for a variety of users. Its strategic location ensures efficient connectivity to major thoroughfares, including direct frontage along E University Drive and easy access to Loop 202, Loop 101, and Interstate 10. This industrial park is positioned near Arizona State University, Tempe Marketplace, and a network of retail and service amenities. The area supports strong workforce availability and proximity to Phoenix Sky Harbor International Airport, making it advantageous for distribution, light manufacturing, or service-based businesses. Signage opportunities and ample on-site parking further enhance functionality for tenants seeking convenience and exposure in the heart of Tempe’s dynamic business corridor.

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100

Nearby Major Retailers

the Human Bean
Waffle House
Fit4Mom
Starbucks
The Coffee Bean and Tea Leaf
U.S. Bank
The Keg Steakhouse + Bar
Kabuki Japanese Restaurant
Thirsty Lion Gastropub & Grill
Twin Peaks

Features

Clear Height
10’
Drive In Bays
6
Standard Parking Spaces
77
  • Listing ID: 38695751

  • Date on Market: 6/15/2026

  • Last Updated:

  • Address: 1848 E University Dr, Tempe, AZ 85281

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