Restaurant
GADZOOKS
505 W University Dr, Tempe, AZ 85281
Listing Price: $2,541,818
Investment Overview
Marcus & Millichap is pleased to present this Single Tenant Triple Net Lease asset for sale at 505 W University Dr. Tempe, AZ 85281. Built in 1978 and renovated in 2019, the GADZOOKS occupied building in the Phoenix AZ State University Submarket, and is centrally positioned near Arizona State University Tempe Campus, ASU Art Museum, Tempe St Luke's Hospital, plenty of support retail, and residential. GADZOOKS has 5 locations in Maricopa County, and is located near numerous other retailers and residential communities.
Investment Highlights
- Strong submarket with a 2023 population of 57,809 within 2 miles
- Average household income $62,836 within 2 miles
- Traffic counts of 26,351
- 21,650 Households within 2 miles
- 4 minutes from Arizona State University
- 3 minutes from Tempe St Luke's Hospital
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Listing Price: $2,541,818
Investment Highlights
- Strong submarket with a 2023 population of 57,809 within 2 miles
- Average household income $62,836 within 2 miles
- Traffic counts of 26,351
- 21,650 Households within 2 miles
- 4 minutes from Arizona State University
- 3 minutes from Tempe St Luke's Hospital
Investment Overview
Marcus & Millichap is pleased to present this Single Tenant Triple Net Lease asset for sale at 505 W University Dr. Tempe, AZ 85281. Built in 1978 and renovated in 2019, the GADZOOKS occupied building in the Phoenix AZ State University Submarket, and is centrally positioned near Arizona State University Tempe Campus, ASU Art Museum, Tempe St Luke's Hospital, plenty of support retail, and residential. GADZOOKS has 5 locations in Maricopa County, and is located near numerous other retailers and residential communities.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
![MM Texture Background](https://www.marcusmillichap.com/-/media/Images/MM/MM%20Hero%20Images/mm-news-research-hero-background.jpg?h=1030&iar=0&w=2880&rev=1569e23dd24a4ecea0b588f7ee537310&hash=B6D3CA35A0504F883C2C5068EE8436C0)
![MM Textured Background Lower](https://www.marcusmillichap.com/-/media/Images/MM/MM%20Hero%20Images/mm-property-footer-background%20jpg.jpg?h=1030&iar=0&w=2880&rev=f3ed593e923445f38df9f1c32d8d190f&hash=323A48081850EDAAE5E1F61061CADFD9)