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2309 E University Dr 2309 E University Dr 2,499 SF Retail Building Tempe, AZ 85281 $3,600,000 ($1,440.58/SF)

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Investment Highlights

  • Exceptional Traffic & Visibility
  • Attractive Demographic Profile
  • Potential 100% Bonus Depreciation in Year One
  • Strong and Expanding Population Base
  • Well-Maintained Site

Executive Summary

Broker of Record
David Harrington
License # CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
2,499 SF
Building Class
B
Year Built
1986
Price
$3,600,000
Price Per SF
$1,440.58
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.86 AC
Zoning
C-2, Tempe
Frontage
170’ on E University Dr

Amenities

  • Corner Lot

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

76 Gas has been on the driver’s side since 1932. Their iconic orange ball made its debut 30 years later, and it didn’t take long for the popular “antenna” balls to bring a little 76 joy to cars across the country. There’s go in everything customers do – from impromptu trips to the beach to treks that take they to mountaintops to short drives to their favorite coffee shop. No matter where they’re going, 76 is here to fuel all the ways customers go.

  • Retailer
  • -
  • -
  • -

ampm is owned by a subsidiary of BP, which acquired its founding owner, Atlantic Richfield Company (ARCO), in 2000. The first ampm location opened in Southern California in 1978.[1] The chain would also have a presence in the Northeastern United States at ARCO locations until ARCO spun those operations off into Atlantic Petroleum in 1985, with those stores being rebranded as A-Plus. A-Plus remains owned by Sunoco (which acquired Atlantic in 1988), though all the company-owned stores were sold to 7-Eleven in 2018.

  • Mining, Quarrying, and Oil and Gas Extraction
  • -
  • -
  • -

Chevron is one of the world’s leading integrated energy companies. They believe affordable, reliable, and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals, and additives; and develops technologies that enhance their business and the industry. To advance a lower-carbon future, they are focused on cost-efficiently lowering their carbon intensity, increasing renewables and offsets in support of their business, and investing in low-carbon technologies that enable commercial solutions. Their greatest resource is their people. Their ingenuity, creativity, and collaboration have met the complex challenges of energy’s past. Together, they’ll take on the future.

  • Retailer
  • -
  • -
  • -

There are only so many minutes in a day, and they’ve already used most of them up. Get a few of those minutes back with the convenience of ExtraMile. From the well-stocked shelves and easy to find brand-name products to the clean restrooms and friendly staff, every ExtraMile makes getting what customers need now as convenient as possible - 24 hours a day, 7 days a week.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Retailer - - -
Mining, Quarrying, and Oil and Gas Extraction - - -
Retailer - - -
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Waffle House
Ono Hawaiian BBQ, Inc
Starbucks
Safeway
Tru West Credit Union
Bar Louie
Noodles & Company
MAD Greens
H Mart
Fit4Mom

Property Taxes

Property Taxes

Parcel Number
135-40-071A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$90,123
  • Listing ID: 39291947

  • Date on Market: 2/2/2026

  • Last Updated:

  • Address: 2309 E University Dr, Tempe, AZ 85281

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