Retail Space With
For Lease
Contact for pricing
1050 S Terrace Rd, Tempe, AZ 85281
±6,050 SF retail space includes an adjacent ±1,469 SF patio and 48 visitor and retail parking spaces.
Space Size2,817 SF
Days on Market1348
Property Features for 1050 S Terrace Rd
General Information
Standard status
Active
Size
2,817 SF
Total Parking Spaces
48
Property subtype
RETAIL
Amenities
patio
light rail access
Spaces For Lease
at 1050 S Terrace Rd Contact us- Floor
- 1
- Size
- 2,817 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Lease Type
- FULL_SERVICE
- Availability
- AVAILABLE, Now
- Sublease
- No
1050 S Terrace Rd
- Placed in the heart of tempe
- Desirable ±6,050 sf space with ±1,469 sf patio...
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Contact us
Listing Agency:
CBRE | Phoenix
(602) 735-5518
Listed By:
Max Bippus · License #SA16481000
Source:
Moodyscre
Added: Dec 1, 2022
Changed: Aug 8
Last Checked: Aug 9 at 11:44AM
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 CBRE | Phoenix
Investment Insights
Based on property information with market context.
Offered for lease, this ±6,050 SF retail space includes an adjacent ±1,469 SF patio. The layout is positioned to support retail operations with access to outdoor space for tenant use. Parking for visitors and retail is available with 48 spaces.
The property is described as being in the heart of Tempe, located next to the Arizona State University campus on the light rail, with two light rail stations within one block for transit access.
In the surrounding area, Vertex student apartments with 1,600 beds across 213 units are noted, reinforcing the student-oriented residential presence near the site.
The property is described as being in the heart of Tempe, located next to the Arizona State University campus on the light rail, with two light rail stations within one block for transit access.
In the surrounding area, Vertex student apartments with 1,600 beds across 213 units are noted, reinforcing the student-oriented residential presence near the site.
Key Highlights
- ±6,050 SF retail space with an adjacent ±1,469 SF patio
- 48 visitor and retail parking spaces
- Located next to the Arizona State University campus on the light rail for transit access
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,377
Businesses Nearby
286k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Groceries 15%
Shops & Services 10%
Hotels & Casinos 3%
Raising Cane's Chicken Fingers
Dining
53,909 visits/mo
0.4 miles
Trader Joe's
Groceries
43,746 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
36,284 visits/mo
0.1 miles
Taco Bell
Dining
21,591 visits/mo
0.2 miles
Buffalo Wild Wings
Dining
20,124 visits/mo
0.5 miles
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
Market
Lease Benchmarks for Tempe, AZ
$18.79 /SF/Yr
Avg Asking Price
$15–$26 /SF/Yr
Price Range
18,538 SF
Avg Space Size
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - ±6,050 SF retail space includes an adjacent ±1,469 SF patio and 48 visitor and retail parking spaces.
Where is this retail space located?
The property is located at 1050 S Terrace Rd Tempe, AZ.
What are key features of this property?
This property features: ±6,050 SF retail space with an adjacent ±1,469 SF patio; 48 visitor and retail parking spaces; Located next to the Arizona State University campus on the light rail for transit access
