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Ground-Floor Restaurant Space

350 South Mill Avenue, Tempe, AZ 85281

For Lease
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Restaurant premises in a mixed-use development near ASU and Tempe’s rail connections.

Space Size5,711 SF
Days on Market5

Property Features for 350 South Mill Avenue

General Information

Standard status Active
Size 5,711 SF
Property subtype Restaurant

Space & Availability

Floor Ground
Space Use Restaurant

Spaces For Lease

at 350 South Mill Avenue
101A Active
Size 5,711 SF
Contact us
Listing Agency: Western Retail Advisors
Listed By: Charles Skaggs · License AZ SA639791000
Source: Crexi
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 2:52PM

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

Rey
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Investment Insights

Based on property information with market context.

Ground-level restaurant spaces are available within ARBOR, a mixed-use development at 350 South Mill Avenue in Tempe. The property sits in the city’s primary retail corridor and next to the ASU campus, with nearby dining options within walking distance.

Transit access includes the Tempe Streetcar and the Valley light rail system across the street. The surrounding area includes Arizona State University, the Rio Salado office corridor, multifamily residents and regional visitors.

Key Highlights

  • Ground‑floor restaurant spaces in a mixed‑use development
  • At 350 South Mill Avenue in Tempe’s primary retail corridor
  • Adjacent to the ASU campus

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mimiyo Salon Hair Salon Fuzzy's Taco Shop Restaurant egad Warehouse & Storage Holualoa Co Real Estate Agency

Suggested Use

Top Pick Building Supply Dental Office Auto Parts Store Storage Facility Electrical Service Auto Repair Shop

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,359
Businesses Nearby
176k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Apparel 10% Shops & Services 10% Leisure 7%
Chick-fil-A Dining
33,031 visits/mo 0.4 miles
Chili's Grill & Bar Dining
28,362 visits/mo 0.4 miles
Jack in the Box Dining
13,708 visits/mo 0.3 miles
AMC Centerpoint 11 Leisure
13,061 visits/mo 0.3 miles
Snooze Dining
11,778 visits/mo 0.4 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
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Market

Properties on Market for Conventional restaurants in Maricopa County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant premises in a mixed-use development near ASU and Tempe’s rail connections.
Where is this conventional restaurant located?
The property is located at 350 South Mill Avenue Tempe, AZ.
What are key features of this property?
This property features: Ground‑floor restaurant spaces in a mixed‑use development; At 350 South Mill Avenue in Tempe’s primary retail corridor; Adjacent to the ASU campus
(929) 229-2614 Call to check price and availability
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