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2520 E University Dr
Tempe, AZ 85281
Focus Business Park · Office Property For Sale

Property Facts

Property Type
Office
Building Size
10,518 SF
Building Class
B
Year Built
2004
Percent Leased
17%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,518 SF
Building FAR
0.21
Lot Size
1.13 AC
Zoning
CSS, Tempe - Commercial, CSS
Parking
38 Spaces (3.61 Spaces per 1,000 SF Leased)

Amenities

  • Monument Signage

About 2520 E UNIVERSITY DR , TEMPE, AZ 85281

Hannay Realty Advisors Arizona, LP, has been retained as the exclusive advisor for the disposition of the fee simple interest in Focus Business Park located in Tempe, Arizona. Located in the dense Tempe office submarket, this fully occupied Class B business park consists of one, single-story office building totaling ±10,625 rentable square feet. Focus Business Park is currently 100% leased to a strong mix of nationally and locally recognized tenants including Hubbell, Inc., and Grovesite, among others. With strong tenancy at the property, this provides investors a chance to purchase a stabilized, Class B, in Tempe, Arizona. The Property has +4.00 spaces per 1,000 rentable square feet provided by both surface and covered spaces in an adjacent parking lot. The building feature high-end finishes, exterior entry and unhindered views the Southeast Valley. The Property' s strategic location provides direct visibility and access to the Loop 101 and Loop 202 Freeways allowing for easy access to the large and diverse labor markets of Tempe, Chandler, Mesa, Scottsdale and Phoenix. The Property offers tenants great access to all Tempe and Mesa amenities including the high-end restaurants/retail shops of Tempe Marketplace and Mesa Riverview, among others; the Sloan Park, home of the Chicago Cubs Spring Training; and countless golf courses including Papago Golf Course (Home of the ASU Sun Devils). The close proximity to freeways, entertainment, high-end restaurants and retail enhance the Property' s appeal and overall value. Sky Harbor Airport, the nation' s 11th busiest airport, is located only ±7.2 miles from the Property.

Property Taxes

Property Taxes

Parcel Number
135-39-304
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$229,377
  • Listing ID: 6828932

  • Date on Market: 4/18/2017

  • Last Updated:

  • Address: 2520 E University Dr, Tempe, AZ 85281

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