Tempe Retail Center Near
3134 South Mill Avenue, Tempe, AZ 85282
Neighborhood retail center shadow anchored by Fry’s Food & Drug.
Type:Retail
Property size:
31,621 SFLot size:
3.10 AcresPrice / SF:
$347/SF- Added:
- May 15, 2026
- Days on Market:
- 18
- Last Refresh:
- May 16 at 8:51 pm
Property Features for 3134 South Mill Avenue
General Information
- Standard status
- Active
- Size
- 31,621 SF
- Lot size
- 3.10 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1976
Listing agent Zach Aulick License #Arizona - SA566983000
Listing office CBRE - Phoenix
Listing date May 15, 2026
Source Crexi
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 CBRE - Phoenix
HighLights
- Shadow‑anchored by high‑volume Fry’s Food & Drug (Kroger), driving consistent customer traffic.
- Located in a centralized in‑fill location within the East Valley retail core, with excellent visibility and access along Mill Avenue.
- High occupancy rate of 94.8% leased to a diverse mix of daily‑needs tenants.
- Proximity to Arizona State University's main campus (1.5 miles).
- Strong surrounding demographics, including a large daytime population and high average household incomes.
- Easy regional access via U.S. Route 60, Interstate 10, and Loop 101.
Overview
The property is a neighborhood retail center shadow anchored by Fry’s Food & Drug (Kroger). Situated on 3.1 acres at the northwest corner of Mill Avenue and Southern Avenue in Tempe, Arizona, the center comprises approximately 31,621 square feet of rentable space. It is currently 94.8% leased to a variety of daily-needs tenants. The property benefits from visibility and access along Mill Avenue. The location is shadow-anchored by a corporately owned Fry’s Food & Drug (Kroger), a dominant grocery operator in Arizona with over 120 locations statewide. The adjacency to a high-volume Fry’s location positions the property to capture grocery-driven traffic. The property occupies a centralized in-fill location within the East Valley retail core. U.S. Route 60 is approximately one mile north, Interstate 10 to the west, and Loop 101 approximately three miles east, allowing regional access. The property is also located 1.5 miles south of Arizona State University’s Main campus, with approximately 79,800 enrolled students at the Tempe Campus. Within a three-mile radius, the area supports a 2025 population of approximately 158,149 residents and a daytime population exceeding 210,000. Average household incomes are $93,768 within three miles. The trade area supports over 7,500 businesses and over 111,000 employees within three miles.
Location Intelligence
Current Use by Public Records
Nite Wings
Take-out & Catering
Mac Daddy Wingz ...
Restaurant
Similar Places Nearby
- Broadway Marketplace — 917 E Broadway Rd, Tempe, AZ 85282
- FPL — 12336007F, Tempe, AZ 85282
- Coinstar Kiosk | Bitcoin ATM — Kroger - Fry's Food Stores, 3232 S Mill Av, Tempe, AZ 85282
- Huntington Square Shopping Center — 3115 S Mill Ave, Tempe, AZ 85282
- Southern Plaza — 840 E Southern Ave Ste. 104, Tempe, AZ 85282
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.9411374
- Latitude
- 33.3947119
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Neighborhood retail center shadow anchored by Fry’s Food & Drug.
Where is this shopping center located?
The property is located at 3134 South Mill Avenue Tempe, AZ.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Shadow‑anchored by high‑volume Fry’s Food & Drug (Kroger), driving consistent customer traffic.; Located in a centralized in‑fill location within the East Valley retail core, with excellent visibility and access along Mill Avenue.; High occupancy rate of 94.8% leased to a diverse mix of daily‑needs tenants.
