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    1537 W Broadway Rd Tempe, AZ 85282

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    For Lease
    Contact for pricing

    Retail space in high-traffic Tempe location near ASU.

    Property size:
    1,277 SF
    Lot size:
    1.93 Acres

    Property Features for 1537 W Broadway Rd

    General Information

    Size
    1,277 SF
    Lot size
    1.93 Acres

    Source: Phoenix Commercial Advisors Agent Ali Hill

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Broadway Road

    This retail space is located in a strong retail strip center on Broadway Road, a highly trafficked thoroughfare. The property benefits from convenient access to I-10 and Broadway, providing a direct route to Downtown Tempe. Its location is in close proximity to Arizona State University, which has an enrollment of approximately 57,144 students. The surrounding area includes large employers, with approximately 19,230 jobs within a 1-mile radius according to the 2022 Arizona COG/MPO Employer Database. The property offers 1277 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Starbucks Coffee Shop Kalos Grill Mediterranean ... Mediterranean Restaurant Jersey Mike's Subs Caterer Master taco Tempe Mexican Restaurant Kalos grill Mediterranean Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Hair Salon Auto Repair Shop Wholesale Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.964699
    Latitude
    33.4082418

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    FAQs

    What type of property is this?
    Strip mall - Retail space in high-traffic Tempe location near ASU.
    Where is this strip mall located?
    The property is located at 1537 W Broadway Rd Tempe, AZ.
    What are key features of this property?
    This property features: - High-traffic location on Broadway Rd.; - Convenient access to I-10 and Downtown Tempe; - Close proximity to Arizona State University (ASU) with approximately 57,144 students
    (602) 735-5555
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    1537 W Broadway Rd Tempe, AZ 85282
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1537 W Broadway Rd Tempe, AZ 85282
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