Restaurant Space in Prime
For Lease
Contact for pricing
230 W Southern Ave, Tempe, AZ 85282
Fully built-out restaurant space near Mill Avenue District and ASU.
Space SizeContact for details
Property Size1,991 SF
Days on Market277
Property Features for 230 W Southern Ave
General Information
Standard status
Active
Size
1,991 SF
Class
C
Property subtype
Retail
Building Details
Building Size
1,991 SF
Year Built
1985
Listing Agency:
Western Retail Advisors, LLC
(602) 368-1090
Listed By:
Jason Fessinger · License #SA623748000
Source:
W-retail
Added: Nov 25, 2025
Changed: Aug 23
Last Checked: Aug 29 at 7:50AM
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 Western Retail Advisors, LLC
Investment Insights
Based on property information with market context.
This is a fully built-out and fixturized restaurant space encompassing 1,991 square feet. The property is situated in Tempe, Arizona, offering convenient access to major transportation routes. The location is adjacent to a grocery-anchored center and has frontage on Southern Avenue. The surrounding area features a dynamic mix of business and leisure opportunities. The Mill Avenue District, known for its trendy restaurants, lively bars, and chic boutiques, is easily accessible. The Arizona State University campus is nearby, providing a hub of innovation and a talented workforce pool. Ample parking is available for both employees and visitors. Tempe Town Lake offers a scenic backdrop for recreation.
Key Highlights
- Fully built out and fixturized restaurant (1,991 SF)
- Prime Tempe, AZ location near Mill Avenue District and Arizona State University
- Adjacent to grocery anchored center
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,009
Businesses Nearby
162k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Groceries 31%
Shops & Services 21%
Beauty & Spa 2%
Fry's
Groceries
49,475 visits/mo
0.1 miles
Dutch Bros. Coffee
Dining
37,896 visits/mo
0.2 miles
Venezia's Pizzeria
Dining
14,995 visits/mo
0.3 miles
Circle K
Shops & Services
14,107 visits/mo
0.2 miles
Fry's Fuel Center
Shops & Services
13,975 visits/mo
0.2 miles
Demographics for 85282, AZ
52,351
Population
25,667
Households
2
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
11.1 sq mi
ZIP Area
4,716
Density / Sq Mi
$79,084
Median Household Income
$43,863
Median Earnings
$1,627
Median Rent
$370,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Five Stars Pizza Party — 3400 S Mill Ave UNIT 120, Tempe, AZ 85282
- Nite Wings — located @ caribbean palm, 3134 s mill ave, tempe, az 85282
Frequently Asked Questions
What type of property is this?
Restaurant - Fully built-out restaurant space near Mill Avenue District and ASU.
Where is this restaurant located?
The property is located at 230 W Southern Ave Tempe, AZ.
What are key features of this property?
This property features: Fully built out and fixturized restaurant (1,991 SF); Prime Tempe, AZ location near Mill Avenue District and Arizona State University; Adjacent to grocery anchored center
