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Retail Space Near Light Rail
For Lease
$4,166/Mo

1811 E Apache Boulevard R2, Tempe, AZ 85281

Retail space in a 408-unit complex near light rail.

Space SizeContact for details
Lot Size4.26 Acres
Days on Market781

Property Features for 1811 E Apache Boulevard R2

General Information

Standard status Active
Lot size 4.26 Acres
Property subtype Rental

Taxes and HOA fees

Annual Taxes $507,693

Building Details

Year Built 2008
Listing Agency: LRA Real Estate Group, LLC
Listed By: Don T Mortensen · License #BR529840000
Source: Exitrealty
Added: Jul 2, 2024 Changed: Aug 8 Last Checked: May 19 at 9:27PM

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 LRA Real Estate Group, LLC

Investment Insights

Based on property information with market context.

This retail space presents an opportunity for immediate occupancy within a 408-unit apartment complex. The property features four suites with frontage on Apache Boulevard and McClintock Road, situated across from the McClintock/Apache light rail station. On-site parking is available with access from the parking garage. The space is suitable for various businesses, including drink establishments, professional services, fitness studios, art galleries, entertainment venues, and recreational facilities.

Key Highlights

  • Directly across the street from the McClintock/Apache light rail station.
  • Located on the bottom floor of a 408‑unit apartment complex.
  • Excellent frontage on both Apache Blvd and McClintock Rd.

Property Analytics

Current Use

DROP VENTURES LLC Consultant Phoenix, AZ Recording Studio Lightrail Park & Ride ... Parking Lot & Garage 1811 E Apache ... Parking Lot & Garage ARIZONA LANDSCAPE DESIGNS Landscaping

Suggested Use

Top Pick Dental Office Pharmacy Veterinary Clinic (Bike/Boat/Book/etc) Store Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,436
Businesses Nearby
72k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 71% Shops & Services 25% Home Improvements & Furnishings 2% Beauty & Spa 1%
McDonald's Dining
34,434 visits/mo 0.5 miles
Chevron Shops & Services
9,041 visits/mo 0.5 miles
Wienerschnitzel Dining
7,524 visits/mo 0.5 miles
Dunkin' Donuts Dining
6,955 visits/mo 0.5 miles
7-Eleven Shops & Services
4,155 visits/mo 0.3 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
31,161 SF
Avg Space Size

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in a 408-unit complex near light rail.
Where is this retail space located?
The property is located at 1811 E Apache Boulevard R2 Tempe, AZ.
What is the lease rate?
The lease rate is $4,166/Mo.
What are key features of this property?
This property features: Directly across the street from the McClintock/Apache light rail station.; Located on the bottom floor of a 408‑unit apartment complex.; Excellent frontage on both Apache Blvd and McClintock Rd.
More about this property
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