1765 University Dr Tempe, AZ 85288

This exceptional investment opportunity presents a 546 square foot, absolute triple-net (NNN) leased property featuring The Human Bean, a well-established franchisee. Located at 1765 E University Dr, Tempe, AZ 85288, this property boasts a prime location near Arizona State University, benefiting from high visibility and significant daily traffic (74,000 cars per day). The 0.71-acre lot includes rights to 41 off-site parking spaces. The lease commenced May 1, 2017, with a 10-year term and 3% annual rent increases, providing a strong, predictable income stream. The current lease has approximately 2.4 years remaining, with options for renewal. The property generates a Net Operating Income (NOI) of $88,550, resulting in a 5.53% cap rate. Built in 2017, this property is situated in a thriving area with a population of 354,703 within the trade area and is just minutes from Tempe Marketplace, a major retail destination. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with a strong tenant and significant upside potential. The ground lease expires April 30, 2027.