Retail Space in Tempe
For Lease
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211 East 7th Street, Tempe, AZ 85281
Street-level retail space in new Tempe apartment development.
Property Size3,074 SF
Days on Market247
Property Features for 211 East 7th Street
General Information
Standard status
Active
Size
3,074 SF
Property subtype
Special Purpose
Listing Agency:
Western Retail Advisors, LLC
(602) 931-4492
Listed By:
Kalen Rickard · License #SA623748000
Source:
W-retail
Added: Nov 25, 2025
Changed: Jul 6
Last Checked: Jul 30 at 5:37AM
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 Western Retail Advisors, LLC
Investment Insights
Based on property information with market context.
Street-level retail space is available at a multifamily development in Downtown Tempe. The new urban apartment development includes 380 units. Construction has started, with an expected delivery date of February 1, 2027. The site is located in Downtown Tempe, adjacent to Arizona State University's Tempe Campus. Downtown Tempe attracted 9.6 million visitors in 2024, according to Placer.ai. As of 2024, Tempe has approximately 186,000 residents and approximately 109,000 employed individuals. The property size is 3074 square feet.
Key Highlights
- High‑traffic location in Downtown Tempe, attracting 9.6M visitors in 2024.
- New development: Street‑level retail space in a new 380‑unit urban apartment development.
- Prime location adjacent to Arizona State University (Tempe Campus).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,482
Businesses Nearby
Explore this area
Business Placement
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
$16.38 /SF/Yr
Avg Asking Price
$15–$18 /SF/Yr
Price Range
61,201 SF
Avg Space Size
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Street-level retail space in new Tempe apartment development.
Where is this retail space located?
The property is located at 211 East 7th Street Tempe, AZ.
What are key features of this property?
This property features: High‑traffic location in Downtown Tempe, attracting 9.6M visitors in 2024.; New development: Street‑level retail space in a new 380‑unit urban apartment development.; Prime location adjacent to Arizona State University (Tempe Campus).
