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Retail Suite Near Light Rail
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1878 E APACHE Boulevard, Tempe, AZ 85281

Available space in a multi-tenant center surrounded by varied businesses and established residential and institutional activity.

Property Size8,710 SF
Price / SF$0.22
Days on Market5

Property Features for 1878 E APACHE Boulevard

General Information

Standard status Active
Size 8,710 SF
Property subtype Comm/industry Lease
Listing Agency: LRA Real Estate Group, LLC
Listed By: Don T Mortensen · License #BR529840000
Source: Virginiagee
Added: Sep 19 Changed: Sep 21 Last Checked: Sep 22 at 3:23PM

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 LRA Real Estate Group, LLC

Investment Insights

Based on property information with market context.

This retail space is the remaining available suite within a shopping center on E Apache Boulevard. The center includes a barber shop, convenience store, vintage clothing retailer, and Indian restaurant, creating a varied neighboring business mix.

The property benefits from both vehicle and pedestrian activity. Nearby light rail service, Arizona State University, and several upscale apartment complexes contribute to the surrounding flow of people and traffic. The suite offers a retail setting within an established commercial center in Tempe.

Key Highlights

  • Last available suite in the shopping center
  • Neighboring businesses include a barber shop, convenience store, vintage clothing store, and Indian restaurant
  • Located on E Apache Boulevard in Tempe

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Dental Office Pharmacy Veterinary Clinic (Bike/Boat/Book/etc) Store Garden Center Pet 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.

Location Intelligence

Trade Area within ½ mile

1,533
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 85% Home Improvements & Furnishings 12% Electronics 3%
7-Eleven Shops & Services
4,155 visits/mo 0.4 miles
CubeSmart Self Storage Shops & Services
1,998 visits/mo 0.4 miles
U-Haul Shops & Services
1,378 visits/mo 0.1 miles
Ferguson Home Improvements & Furnishings
1,341 visits/mo 0.3 miles
CubeSmart Self Storage Shops & Services
670 visits/mo 0.5 miles

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
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
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Frequently Asked Questions

What type of property is this?
Retail space - Available space in a multi-tenant center surrounded by varied businesses and established residential and institutional activity.
Where is this retail space located?
The property is located at 1878 E APACHE Boulevard Tempe, AZ.
What are key features of this property?
This property features: Last available suite in the shopping center; Neighboring businesses include a barber shop, convenience store, vintage clothing store, and Indian restaurant; Located on E Apache Boulevard in Tempe
More about this property
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