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    9-121 E Southern Ave Tempe, AZ 85282

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    For Lease
    Contact for pricing

    Retail space in Tempe, near ASU and Tempe High.

    Property size:
    1,200 SF
    Lot size:
    8.05 Acres

    Property Features for 9-121 E Southern Ave

    General Information

    Size
    1,200 SF
    Lot size
    8.05 Acres

    Source: Velocity Retail Group Agent Brian Gast

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

    Overview

    Tempe Retail Space Available

    This retail space is located less than 2 miles from Arizona State University, which has approximately 80,000 students, and 1 mile from Tempe High School, with over 1,600 students. The property benefits from high traffic counts and a dense population in the surrounding area. Situated just 1/2 mile north of the US 60 Freeway, the location experiences approximately 56,000 vehicles per day at the intersection in front of the center. The property is located in the heart of Tempe, just south of Downtown. The property size is 1,200 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Similar Places Nearby

    FPL, Coinstar Kiosk | Bitcoin ATM, Huntington Square Shopping Center, Southern Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.939317
    Latitude
    33.392824

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    FAQs

    What type of property is this?
    Shopping center - Retail space in Tempe, near ASU and Tempe High.
    Where is this shopping center located?
    The property is located at 9-121 E Southern Ave Tempe, AZ.
    What are key features of this property?
    This property features: - High traffic counts: approximately 56,000 vehicles per day at the intersection.; - Dense population in the immediate area.; - Less than 2 miles from Arizona State University (ASU).
    (602) 282-8110
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    9-121 E Southern Ave 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
    9-121 E Southern Ave Tempe, AZ 85282
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