Retail Space in High-Traffic
For Lease
Contact for pricing
740 S Mill Ave, Tempe, AZ 85281
Retail space in Tempe with high pedestrian traffic.
Space SizeContact for details
Days on Market306
Property Features for 740 S Mill Ave
General Information
Standard status
Active
Class
B
Property subtype
office
Listing Agency:
Phoenix
Listed By:
Brett Thompson · License #SA661014000
(602) 282-6367
Source:
Property.jll
Added: Nov 24, 2025
Changed: Sep 8
Last Checked: Sep 26 at 3:57AM
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 Phoenix
Investment Insights
Based on property information with market context.
This retail space is situated in a vibrant and walkable street environment characterized by high pedestrian foot traffic. The location benefits from an extremely high daytime population, with over 612,000 people within a 5-mile radius. The property is part of the City of Tempe's $20 million Mill Ave Renovation Project. Within one mile of Centerpoint, there are 1,378 hotel rooms that have been delivered, are under construction, or are in the planning stages over the last 36 months. The property offers 8,015 square feet of retail space.
Key Highlights
- High volume pedestrian foot traffic in a vibrant, walkable street environment.
- Extremely high Daytime Population (+612,000) within a 5 Mile Radius.
- Part of the City Of Tempe's $20 Million Mill Ave Renovation Project.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,237
Businesses Nearby
202k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 74%
Apparel 9%
Shops & Services 9%
Leisure 6%
Chick-fil-A
Dining
33,031 visits/mo
0.1 miles
Chili's Grill & Bar
Dining
28,362 visits/mo
0.3 miles
Chipotle Mexican Grill
Dining
18,614 visits/mo
0.3 miles
Jack in the Box
Dining
13,708 visits/mo
0.1 miles
AMC Centerpoint 11
Leisure
13,061 visits/mo
0.1 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Tempe, AZ
$16.3 /SF/Yr
Avg Asking Price
$2.69–$26 /SF/Yr
Price Range
32,505 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 - Retail space in Tempe with high pedestrian traffic.
Where is this retail space located?
The property is located at 740 S Mill Ave Tempe, AZ.
What are key features of this property?
This property features: High volume pedestrian foot traffic in a vibrant, walkable street environment.; Extremely high Daytime Population (+612,000) within a 5 Mile Radius.; Part of the City Of Tempe's $20 Million Mill Ave Renovation Project.
