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Historic Laird & Dines Storefront
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420 S Mill Ave, Tempe, AZ 85281

Storefront space within Tempe Square along the western border of ASU’s campus in a historic 1893 landmark building.

Property Size1,106 SF
Days on Market652

Property Features for 420 S Mill Ave

General Information

Standard status Active
Size 1,106 SF
Property subtype RETAIL

Building Details

Year Built 1893
Listing Agency: Phoenix Commercial Advisors
Listed By: Courtney Auther Van Loo
Source: Moodyscre
Added: Oct 18, 2024 Changed: Jul 29 Last Checked: Jul 31 at 11:40AM

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.

This storefront space is located within Tempe Square and housed in the historic Laird & Dines building at 501 South Mill, built in 1893. The building is known as a historic landmark, and Tempe Square features an architectural design that reflects the property’s history alongside modern finishes.

The property sits along the western border of Arizona State University’s campus on Mill Avenue, within Phoenix’s Tempe market. Tempe Square is described as benefiting from the 86,500+ students enrolled at one of the nation’s largest public universities.

The available retail space is listed at 1,106 SF, offering a compact footprint suitable for businesses looking to serve the campus-adjacent customer base from a Mill Avenue storefront location.

Key Highlights

  • 1,106 SF storefront space within Tempe Square
  • Built in 1893 historic landmark known as the Laird & Dines building
  • Located along the western border of Arizona State University’s campus

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
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

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?
Storefront property - Storefront space within Tempe Square along the western border of ASU’s campus in a historic 1893 landmark building.
Where is this storefront property located?
The property is located at 420 S Mill Ave Tempe, AZ.
What are key features of this property?
This property features: 1,106 SF storefront space within Tempe Square; Built in 1893 historic landmark known as the Laird & Dines building; Located along the western border of Arizona State University’s campus
(480) 223-7729 Call to check price and availability
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