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9895 S Priest Drive Tempe, AZ 85284

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For Sale
$4,280,000

Fully leased, two-tenant property with drive-thru in Tempe, Arizona.

Type:Retail
Property size:
5,634 SF
Lot size:
1.30 Acres
Added:
Apr 1, 2026
Days on Market:
22
Last Refresh:
Apr 1 at 11:50 am

Property Features for 9895 S Priest Drive

General Information

Standard status
Active
Size
5,634 SF
Lot size
1.30 Acres
Property subtype
Retail

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Listing Contact
Isaiah Clayton
Isaiah Clayton

Listing agent Isaiah Clayton

Listing office Phoenix Commercial Advisors

Listing date Apr 1, 2026

Source Phoenixcommercialadvisors

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 Commercial Advisors


Overview

Tempe Crossing Drive-Thru Investment

This fee simple property is situated on 1.3 acres along the I-10 and Ray Road corridor, connecting Tempe, Chandler, Phoenix, and Ahwatukee. The property is 100% leased to two tenants and features a drive-thru. One tenant is Black Rock Coffee Bar (NASDAQ: BRCB), a high-credit, corporate-guaranteed tenant with over 175 locations nationally and 55+ locations in Arizona. According to Placer.ai, this Black Rock Coffee location is the company’s 13th most trafficked location in the nation. All tenants have 10% rent increases every five years in the primary term and option periods. The property benefits from its location at a dynamic retail intersection, with the Chandler Pavilions regional shopping mall to the southwest and adjacent to the Shoppes at Casa Paloma. Notable tenants at the intersection include Lowe’s, AJ’s Fine Foods, Sam’s Club, Home Depot, Pottery Barn, and Ulta Beauty. The property has strong visibility on Priest Drive & Ray Road, with over 66,000 vehicles per day at the intersection. The trade area is highly affluent, with an average household income of nearly $144,000 within a 3-mile radius. It is located a 5-minute drive from Intel Corporation’s Chandler Campus, the company’s second largest site in the U.S. and the largest employer in Chandler with approximately 11,300 employees. The property is less than a half mile from the I-10, with over 191,000 vehicles per day, connecting Tucson to Phoenix. Dense neighborhoods surround the property, with nearly 213,000 residents in a 5-mile radius. The property has a 5.20 Cap and a total area of 5,634 square feet.
Location Intelligence

Current Use by Public Records

Goldwater Crossings Production Facility Black Rock Coffee ... Cafe & Coffee Shop Lucas LLC Hardware & Home Improvement

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Tempe
County
Maricopa
State
Arizona
Longitude
-111.962115
Latitude
33.320518

FAQs

What type of property is this?
Retail space - Fully leased, two-tenant property with drive-thru in Tempe, Arizona.
Where is this retail space located?
The property is located at 9895 S Priest Drive Tempe, AZ.
What is the asking price?
The asking price for this property is $4,280,000.
What are key features of this property?
This property features: High‑credit, corporate‑guaranteed tenancy with Black Rock Coffee Bar (NASDAQ: BRCB).; **Strong traffic location**: Black Rock Coffee is the company’s 13th most trafficked location in the nation.; Compounding income growth with 10% rent increases every five years.
More about this property
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