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Lakefront Retail Space with Patio

1001 E Playa Del Norte Drive, Tempe, AZ 85281

For Lease
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Ground-floor suites include patio space overlooking Tempe Town Lake.

Space Size2,000 SF - 7,000 SF
Days on Market46

Property Features for 1001 E Playa Del Norte Drive

General Information

Standard status Active
Size 2,000 SF - 7,000 SF
Net Rentable 2,000 SF
Property subtype Retail

Space & Availability

Available Space 2,000-7,000 SF
Floor Ground
Space Use Retail

Amenities

patio

Spaces For Lease

at 1001 E Playa Del Norte Drive
Available Space Active
Contact us
Listing Agency: GPS Commercial Advisors
Listed By: JENNIFER HILL · License AZ BR540315000
Source: Crexi
Added: Sep 26 Changed: Nov 9 Last Checked: Nov 9 at 1:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GPS Commercial Advisors

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Investment Insights

Based on property information with market context.

Two ground-floor retail suites are available, with sizes ranging from 2,000 to 7,000 SF. The first-generation space includes a patio with views of Tempe Town Lake. It occupies the base of a remodeled 523-unit apartment community, estimated to have 1,500 to 2,000 residents, and is next to a newly constructed six-story, four-star office building.

The property is on Tempe Town Lake in Tempe, Arizona, with downtown Tempe, Arizona State University and the Loop 202 minutes away. The waterfront setting and nearby residential and office buildings are key elements of the surrounding context.

Key Highlights

  • Two available lakefront suites ranging from 2,000 to 7,000 SF
  • First‑generation ground‑floor retail with a patio overlooking Tempe Town Lake
  • At the base of a remodeled 523‑unit apartment community with an estimated 1,500 to 2,000 residents

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ten01 Apartment Building Dr. Krystle C. ... Pediatrician Loft Life Recording Recording Studio Ten01 Back Parking ... Parking Lot & Garage WILD BALLOONS Wedding Service

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Plumbing Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Tempe, AZ

$14.94 /SF/Yr
Avg Asking Price
$2.69–$23 /SF/Yr
Price Range
36,810 SF
Avg Space Size

Properties on Market for Retail space in Tempe

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor suites include patio space overlooking Tempe Town Lake.
Where is this retail space located?
The property is located at 1001 E Playa Del Norte Drive Tempe, AZ.
What are key features of this property?
This property features: Two available lakefront suites ranging from 2,000 to 7,000 SF; First‑generation ground‑floor retail with a patio overlooking Tempe Town Lake; At the base of a remodeled 523‑unit apartment community with an estimated 1,500 to 2,000 residents
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