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    Four-Story Mixed-Use Building
    Updated: Jun 2
    Four-Story Mixed-Use Building

    425 South Mill Avenue, Tempe, AZ 85281

    Contact for pricing
    22,704 sqft
    Four‑story mixed‑use asset in Downtown Tempe
    Year built: 2008
    Includes loft‑style office space
    Ground‑floor retail included for owner‑user to activate and brand
    Fee simple interest offered at 425 South Mill Avenue
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Tempe, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Office and Retail Building
    Freestanding Office and Retail Building

    4445 N 24th Pl, Phoenix, AZ 85016

    $2,405,000
    3,700 sqft

    Renovating freestanding building with flexible open creative space, patio, and a new second floor under construction.

    View details
    Historic Mixed-Use Property
    Historic Mixed-Use Property

    32 South MacDonald, Mesa, AZ 85210

    Contact for pricing
    7,920 sqft

    Commercial Downtown zoning supports commercial, office, retail, and mixed-use redevelopment options.

    View details
    Modern Office Unit with Glass Conference Room
    Modern Office Unit with Glass Conference Room

    1055 E Indian School Road, Phoenix, AZ 85014

    Contact for pricing
    1,654 sqft

    Open-plan office space includes a glass-enclosed conference room, break area, and ADA-compliant features.

    View details
    Downtown Office Building with Flexible Zoning
    Downtown Office Building with Flexible Zoning

    20 S MacDonald, Mesa, AZ 85210

    Contact for pricing
    21,421 sqft

    Office building in downtown Mesa with flexible Downtown Core zoning and Opportunity Zone designation.

    View details

    Tempe, AZ Creative Space Market Trends and Statistics

    Explore 1 creative space for sale in Tempe, AZ on our real estate platform. These investment opportunities span a total of 22,704 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 174
    Office buildings 57
    Medical Office Space 23
    Coworking space 7
    Creative space 2

    Demographics Overview

    Population 192K
    Population Growth (5Y) +0.9%
    Median Household Income $79,956
    College Educated 32.7%

    Taxes & Financing

    Tax Rate (average for all types) 5.89%
    Property Tax per SF $77.06 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Maricopa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Tempe fall within the 100,000+ square foot range.

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