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Add a Listing Advertise
  1. Retail Space
  2. AZ
  3. Tempe

University Square

For Lease 2,994 SF

215 West University Drive, Tempe, AZ 85281

Rental Details

  • Number of spaces 2
  • Total square feet available 2,994 SF
  • For Lease $1.58/SF/MO
  • Space Type Flex - Industrial
  • Lease Type Full Service
  • Latest Update Oct 2, 2026
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Space Name Space Type Lease Rate Total Space Floor Lease Type Expand

2 Spaces Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
225 West University Drive #210 Flex - Industrial $1.58/SF/MO 1,497 SF - Full Service

225 West University Drive #210

Space Type

Flex - Industrial

Lease Rate

$1.58/SF/MO

Additional Rent

Price on request

Total Space Available

1,497 SF

Divisible Space

499 - 1,497 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

Turnkey

No

This is a mixed use building of office/retail/industrial space. It has a prime ASU campus location and is in walking distance from downtown Mill Ave. The traffic count is 38,000 vehicles per day.

225 West University Drive #211 Flex - Industrial $1.58/SF/MO 1,497 SF - Full Service

225 West University Drive #211

Space Type

Flex - Industrial

Lease Rate

$1.58/SF/MO

Additional Rent

Price on request

Total Space Available

1,497 SF

Divisible Space

499 - 1,497 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

Turnkey

No

This is a mixed use building of office/retail/industrial space. It has a prime ASU campus location and is in walking distance from downtown Mill Ave. The traffic count is 38,000 vehicles per day.

225 West University Drive #210

Space Type
Flex - Industrial
Lease Rate
$1.58/SF/MO
Total Space
1,497 SF
Lease Type
Full Service
Space Type

Flex - Industrial

Lease Rate

$1.58/SF/MO

Additional Rent

Price on request

Total Space Available

1,497 SF

Divisible Space

499 - 1,497 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

Turnkey

No

This is a mixed use building of office/retail/industrial space. It has a prime ASU campus location and is in walking distance from downtown Mill Ave. The traffic count is 38,000 vehicles per day.

225 West University Drive #211

Space Type
Flex - Industrial
Lease Rate
$1.58/SF/MO
Total Space
1,497 SF
Lease Type
Full Service
Space Type

Flex - Industrial

Lease Rate

$1.58/SF/MO

Additional Rent

Price on request

Total Space Available

1,497 SF

Divisible Space

499 - 1,497 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

Turnkey

No

This is a mixed use building of office/retail/industrial space. It has a prime ASU campus location and is in walking distance from downtown Mill Ave. The traffic count is 38,000 vehicles per day.

Contacts

MK
Mike Kasulaitis

Kidder Mathews

AA
Aric Adams

Kidder Mathews

Building Details

  • For Lease $1.58/SF/MO
  • Property Type Retail - Strip/Convenience
  • Property Size 38,652 SF
  • Lot Size 2.01 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Year Built 1971
  • Date Updated Oct 2, 2026

Location

  • City Tempe, AZ
  • Neighborhood Peterson Park
  • Zip Code 85281
  • Market Phoenix
  • Map
  • Street
  • Walk score 92/100 Walker's Paradise
  • Transit score 68/100 Good Transit
  • Bike score 99/100 Biker's Paradise
Powered by Walk Score ®

Points of Interest

University Dr / Ash Ave

0.05 miles

9th St / Mill Ave

0.16 miles

5th St / Ash Ave

0.25 miles

6th St / Mill Ave

0.28 miles

11th St / Mill Ave

0.28 miles

3rd St / Ash Ave

0.40 miles

Mill Ave/ 3rd St

0.43 miles

3rd St / Mill Ave

0.47 miles

Veterans Way/ College Ave

0.50 miles

Tempe Beach Park / Rio Salado Pkwy

0.55 miles

chargepoint

0.85 miles

Chevron

0.96 miles

Circle K

1.03 miles

Wallbox

1.13 miles

ChargePoint

1.17 miles

Watermark Visitor Parking

1.25 miles

Tesla Destination Charger

1.40 miles

QuikTrip

1.51 miles

Blink

1.89 miles

Shell

1.91 miles

Centerpoint

0.10 miles

CVS Parking Lot

0.13 miles

10th St. Parking Structure

0.29 miles

City Hall Visitor's Parking

0.32 miles

Lot 3

0.40 miles

University Towers Parking Structure

0.43 miles

Fulton Center Parking Structure

0.49 miles

Stadium Parking Structure

0.59 miles

Apache Parking Structure

0.65 miles

Whole Foods Market

0.04 miles

5th Street Deli and Market

0.44 miles

P.O.D. Warehouse

0.91 miles

Bharat Bazaar

1.02 miles

Trader Joe's

1.03 miles

Safeway

1.33 miles

Food City

1.62 miles

Fry's Food and Drug

1.92 miles

Ross

2.09 miles

Walmart Supercenter

2.10 miles

Listing Summary

  • Retail Space Costs at 215 West University Drive

    The asking rent for retail space in this property starts at $1.58/SF/MO.

  • Area Characteristics

    215 West University Drive is located in the Peterson Park neighborhood of Tempe. The Peterson Park retail market offers 21 retail listings, representing a total of 57,018 square feet of retail space for lease.

    The most common retail type in the Peterson Park neighborhood is Hughes Acres, of which the market currently offers 36 spaces.

    You can also find 21 Peterson Park spaces. Additionally, leasing opportunities here include 10 Pepperwood spaces.

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