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Freestanding Restaurant Property

1606 W Baseline Road, Tempe, AZ 85283

For Sale
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Restaurant improvements include a monument sign at the I-10 and Baseline Road intersection.

Property Size10,005 SF
Lot Size2.98 Acres
Days on Market45

Property Features for 1606 W Baseline Road

General Information

Standard status Active
Size 10,005 SF
Lot size 2.98 Acres
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: GPS Commercial Advisors
Listed By: JENNIFER HILL · License AZ BR540315000
Source: Crexi
Added: Sep 26 Changed: Nov 8 Last Checked: Nov 8 at 2:32PM

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 GPS Commercial Advisors

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Investment Insights

Based on property information with market context.

This freestanding restaurant property includes 10,005 SF of building area on 2.98 acres. The existing improvements are second-generation restaurant space, and a monument sign is positioned at the intersection. The site is at the northeast corner of I-10 and Baseline Road in Tempe, between two signalized intersections and at the entrance to Arizona Mills.

Access is supported by a full I-10 interchange at Baseline Road. Reported traffic counts are approximately 236,600 vehicles per day on I-10 and 56,100 on Baseline Road. Arizona Mills has more than 1.2 million SF of retail, dining, and entertainment space, including IMAX, Legoland Discovery Center, Sea Life Aquarium, Harkins Theatres, and Rainforest Cafe. The five-mile trade area has an estimated population of 291,600 and a daytime population of approximately 394,400.

Key Highlights

  • 10,005 SF freestanding, second‑generation restaurant on 2.98 acres
  • Northeast corner of I‑10 and Baseline Road in Tempe
  • Full I‑10 interchange at Baseline Road; site lies between two signalized intersections

Property Analytics

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Open Analytics

Current Use

Joe's Crab Shack Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Spa & Massage 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

913
Businesses Nearby
295k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 58% Shops & Services 22% Home Improvements & Furnishings 16% Hotels & Casinos 4%
In-N-Out Burger Dining
61,610 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
47,658 visits/mo 0.4 miles
Starbucks Dining
24,547 visits/mo 0.5 miles
McDonald's Dining
24,255 visits/mo 0.2 miles
Circle K Shops & Services
18,146 visits/mo 0.2 miles

Demographics for 85283, AZ

45,736
Population
20,620
Households
2.2
Avg Household Size
35
Median Age
44%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
5,197
Density / Sq Mi
$81,073
Median Household Income
$47,213
Median Earnings
$1,669
Median Rent
$409,800
Median Home Value
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Market

Average Price Trend$/SF for Conventional restaurants in Maricopa County, AZ

$605 Jul
$354 Aug
$319 Sep
$381 Oct

Properties on Market for Conventional restaurants in Maricopa County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant improvements include a monument sign at the I-10 and Baseline Road intersection.
Where is this conventional restaurant located?
The property is located at 1606 W Baseline Road Tempe, AZ.
What are key features of this property?
This property features: 10,005 SF freestanding, second‑generation restaurant on 2.98 acres; Northeast corner of I‑10 and Baseline Road in Tempe; Full I‑10 interchange at Baseline Road; site lies between two signalized intersections
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