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Drive-Thru Restaurant Space
For Lease
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1815 E Elliot Rd, Tempe, AZ 85284

High-visibility restaurant space available for lease with potential drive-thru or second-generation uses.

Space Size3,500 SF
Days on Market1486

Property Features for 1815 E Elliot Rd

General Information

Standard status Active
Size 3,500 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Spaces For Lease

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1815 E Elliot Rd

Floor
Bldg
Size
3,500 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Potential drive thru opportunity or second generation restaurant for Lease, GL...
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Listing Agency: LevRose Commercial Real Estate
Listed By: Sean Lieb · License #742FA625-6C3D-44FC-A693-98BC8ACBDB82
Source: Moodyscre
Added: Aug 19, 2022 Changed: Aug 8 Last Checked: Sep 12 at 4:15AM

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 LevRose Commercial Real Estate

Investment Insights

Based on property information with market context.

This property offers a high-visibility restaurant space for lease, positioned as a potential drive-thru opportunity or second-generation restaurant option. The listing contemplates both GL (general lease) or BTS (build-to-suit) scenarios, giving flexibility for an operator’s build-out needs.

The site is described as being on the way to the 101 Freeway and located across from Safeway and a new Salad and Go. It is also noted as being adjacent to Philly’s Sports Grill, Yupah’s Thai Kitchen, Pollack Tempe Cinemas, and Vincitorio’s.

With its restaurant-focused configuration and prominent adjacency within a dense retail and dining area, the space is suited for tenants looking for strong storefront exposure in an established cluster.

Key Highlights

  • High‑visibility restaurant space available for lease
  • Potential drive‑thru opportunity or second‑generation restaurant use
  • Located on the way to the 101 freeway

Property Analytics

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Current Use

Biscuits Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Real Estate Agency Restaurant Auto Parts Store

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

530
Businesses Nearby
100k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 44% Shops & Services 30% Groceries 27%
Safeway Groceries
26,669 visits/mo 0.2 miles
McDonald's Dining
20,049 visits/mo 0.1 miles
Fry's Fuel Center Shops & Services
15,304 visits/mo 0.1 miles
Salad and Go Dining
10,855 visits/mo
Freddy's Frozen Custard & Steakburgers Dining
7,580 visits/mo 0.0 miles

Demographics for 85284, AZ

18,638
Population
7,589
Households
2.5
Avg Household Size
45
Median Age
69%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
2,389
Density / Sq Mi
$154,663
Median Household Income
$64,288
Median Earnings
$2,162
Median Rent
$646,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - High-visibility restaurant space available for lease with potential drive-thru or second-generation uses.
Where is this conventional restaurant located?
The property is located at 1815 E Elliot Rd Tempe, AZ.
What are key features of this property?
This property features: High‑visibility restaurant space available for lease; Potential drive‑thru opportunity or second‑generation restaurant use; Located on the way to the 101 freeway
(602) 376-9797 Call to check price and availability
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