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Historic Retail Storefront Suites
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420 S Mill Ave, Tempe, AZ 85281

Multiple retail storefront suites are available with patio options within a historic 1893 building.

Property Size2,800 SF
Days on Market389

Property Features for 420 S Mill Ave

General Information

Standard status Active
Size 2,800 SF
Property subtype RETAIL

Amenities

Patios

Building Details

Year Built 1893
Listing Agency: Phoenix Commercial Advisors
Listed By: Courtney Auther Van Loo
Source: Moodyscre
Added: Jul 8, 2025 Changed: Jul 26 Last Checked: Jul 30 at 2:43PM

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 Phoenix Commercial Advisors

Investment Insights

Based on property information with market context.

Tempe Square offers a selection of retail storefront suites for lease, with approximately 1,106 to 9,265 square feet currently available and future availabilities also expected. Suites feature patio options, and the project is housed in the historic Laird & Dines building, built in 1893. The architecture reflects the building’s history and is complemented by modern finishes.

The center is located along the western border of Arizona State University’s campus and is situated on Mill Avenue in the Tempe market. The property benefits from its position near ASU, where more than 86,500 students are enrolled.

For leasing inquiries at 420 S Mill Ave, please contact the listing team to discuss current and future suite availability.

Key Highlights

  • 1,106–9,265 SF available with multiple retail storefront suite options
  • Patio options available within the building
  • 501 South Mill built in 1893; historic Laird & Dines building

Property Analytics

Current Use

Crispy Cones - Tempe Grocery & Convenience Store Lotions & Potions Cosmetic Store Bank of America ATM Atm The Paleta Bar | On Mill Grocery & Convenience Store Bang Bang - Tempe Restaurant

Suggested Use

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

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
Well-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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Mill Avenue Shops — 414 S Mill Ave #114, Tempe, AZ 85281
  • Courtyard Shops — 414 S Mill Ave, Tempe, AZ 85281
  • Cornerstone — 920-970 S Rural Rd, Tempe, AZ 85288
  • Centerpoint on Mill — 660 S Mill Ave, Tempe, AZ 85281

Frequently Asked Questions

What type of property is this?
Shopping center - Multiple retail storefront suites are available with patio options within a historic 1893 building.
Where is this shopping center located?
The property is located at 420 S Mill Ave Tempe, AZ.
What are key features of this property?
This property features: 1,106–9,265 SF available with multiple retail storefront suite options; Patio options available within the building; 501 South Mill built in 1893; historic Laird & Dines building
(480) 223-7729 Call to check price and availability
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