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Freestanding Restaurant Property

1606 W Baseline Road, Tempe, AZ 85283

For Lease
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Second-generation restaurant space is available for lease, with sale or ground-lease terms also under consideration.

Space 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
Net Rentable 10,005 SF
Lot size 2.98 Acres
Property subtype Retail, Restaurant

Space & Availability

Available Space 10,005 SF
Contiguous Space 10,005 SF
Space Use Restaurant

Site & Location

Corner Location Yes
Pylon Signage Yes
Highway Access Yes

Additional Details

Second-Generation Restaurant Yes

Building Details

Building Size 10,005 SF

Spaces For Lease

at 1606 W Baseline Road
Available Space Active
Size 10,005 SF
Contact us
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 4:38PM

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

Rey
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Investment Insights

Based on property information with market context.

This freestanding, second-generation restaurant property contains 10,005 SF on 2.98 acres. The site is available for lease; the owner will also consider a sale or ground lease. A monument sign is positioned at the intersection.

At the northeast corner of I-10 and Baseline Road in Tempe, the property is near two signalized intersections and the entrance to Arizona Mills. The retail and entertainment center spans more than 1.2 million SF and includes IMAX, Legoland Discovery Center, Sea Life Aquarium, Harkins Theatres, and Rainforest Cafe. A full I-10 interchange is located at Baseline Road. Reported daily traffic is about 236,600 vehicles on I-10 and 56,100 on Baseline Road. The five-mile trade area has approximately 291,600 residents and a daytime population of roughly 394,400.

Key Highlights

  • Freestanding, second‑generation restaurant totaling 10,005 SF on 2.98 acres
  • Northeast corner of I‑10 and Baseline Road in Tempe
  • Monument sign at the intersection; full I‑10 interchange at Baseline Road

Property Analytics

Who owns this building? See the owner, sales and loan history
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
NNN (Triple Net)
Lease Type

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - Second-generation restaurant space is available for lease, with sale or ground-lease terms also under consideration.
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: Freestanding, second‑generation restaurant totaling 10,005 SF on 2.98 acres; Northeast corner of I‑10 and Baseline Road in Tempe; Monument sign at the intersection; full I‑10 interchange at Baseline Road
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