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523 W University Dr
Tempe, AZ 85281
Oregano's Pizza Bistro · Retail Property For Sale
Investment Highlights
- Built-In Customer Base
- Attractive Yield – Tenant’s next increase occurs on May 1, 2020 giving the buyer a strong return starting day 1
- Surrounding Neighboring Developments
- Passive Deal Structure – Absolute NNN lease with ZERO Landlord responsibilities
- Award Winning Restaurant – ability to invest in a coveted restaurant concept with tremendous brand recognition and rich Arizona history
- Approximately 4.5 years remaining on lease
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,860 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.64 AC
Zoning
C-G - General Commercial
Parking
40 Spaces (10.36 Spaces per 1,000 SF Leased)
Frontage
149’ on W University
Property Taxes
| Parcel Number | 124-69-144 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $103,441 |
Property Taxes
Parcel Number
124-69-144
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$103,441
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