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Property profile & analytics
FOR LEASE
Outlet malls

1840 E Warner Rd Tempe, AZ 85284

13,083 SF 7.45 ac lot Built 1987
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US07-1551773
Property summary
AI-generated overview

This exceptional retail opportunity presents two available spaces totaling 1,372 to 4,300 square feet, ideally situated at 1840 E Warner Rd, Tempe, AZ 85284. Located at the northeast corner of McClintock and Warner Roads, this property offers unparalleled visibility and accessibility for businesses seeking a high-traffic location. The property is classified as a retail and restaurant space, suitable for a variety of uses including shops and restaurants within a shopping center or strip center environment. The multiple tenancy structure provides a vibrant and diverse atmosphere, attracting a wide range of customers. The precise square footage of each available space is not specified, but the total available space ranges from 1,372 to 4,300 square feet, allowing for flexibility in tenant needs. This prime Tempe location offers excellent potential for businesses seeking high visibility and foot traffic in a thriving commercial area. The address is easily accessible from major roadways, ensuring convenient access for both customers and employees. This property presents a unique opportunity to establish or expand a business in a dynamic and desirable location within the Tempe market. Interested parties are encouraged to inquire for further details regarding lease terms and space availability. The property's location at the intersection of McClintock and Warner Roads provides exceptional exposure to a large volume of daily traffic.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1987
Construction CONCRETE
Total area 13,083 SF
Lot 7.45 ac (324,560 SF)
Zoning code PCC-1
APN 301-50-961
UPID US07-1551773
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Signatures In Hair Hair Salon Nail Salon
  • Function Pilates Gym & Fitness Center
  • LOMI POKI - Poke & Grilled Restaurant
  • Renee Privett Physician
  • Davinci Meeting Rooms Marketing & Advertising Event Planning
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.49M
Blend (final) Blend
$12.49M
Owner & transaction history
Vb Acquisitions LLC
Vb Acquisitions LLC
since 2025
7 recorded transactions
2026
Price N/A
2025
Price N/A
2016
Price N/A
2006
$695,995
2006
$1.1M
2005
$81,576
2005
$1.3M
Zoning & alternative use
PCC-1 · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $9.1M +32.4%
Auto repair, garage $9.0M +30.5%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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