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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)



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
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
Amenities
- Corner Lot
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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.
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.
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.
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 | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 135-40-071A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $90,123 |
Property Taxes
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2309 E University Dr | 2309 E University Dr
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