Tempe, AZ 85281

The Human Bean Ground Lease

Property Address

1765 East University Drive, Tempe, AZ, USA

Offering Summary

  • Price: $1,600,000
  • Lot Size: 0.71
  • Cap Rate: 5.53%
  • Year Built: 2017
  • Building SF: 545
  • Status: Available
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  • Absolute Triple-Net (NNN) Ground Lease with 3% Annual Increases - .71 Acre Parcel with Rights to 41 Off Site Parking Spaces
  • Visible to 74,000 Cars per Day from the Intersection of McClintock Dr. & University Dr.
  • Excellent Location Just Minutes from Arizona State University's Tempe Campus with 79,500+ Students. ASU is the Largest Public University in the U.S.
  • Infill Tempe, AZ - 354,703 Residents in Trade Area
  • Two Minutes from Tempe Marketplace, a 1.3 Million SF Retail Destination

Broker Information