Retail Space in Downtown
For Lease
Contact for pricing
704 S College Ave, Tempe, AZ
Retail space available in a new urban apartment development.
Property Size3,074 SF
Lot Size0.61 Acres
Days on Market436
Property Features for 704 S College Ave
General Information
Standard status
Active
Size
3,074 SF
Lot size
0.61 Acres
Property subtype
RETAIL
Listing Agency:
Western Retail Advisors, LLC
(602) 931-4492
Listed By:
Kalen Rickard · License #SA623748000
Source:
Moodyscre
Added: May 21, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:09AM
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 retail space is located in a new 380-unit urban apartment development. The site is situated in Downtown Tempe, adjacent to Arizona State University's Tempe Campus. Downtown Tempe attracted 9.6 million visitors in 2024, according to Placer.ai. As of 2024, Tempe has over 186,000 residents and approximately 109,000 employed individuals. The property offers 3,074 square feet of retail space.
Key Highlights
- New 380‑unit urban apartment development.
- Located in Downtown Tempe.
- Adjacent to Arizona State University (Tempe Campus).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,526
Businesses Nearby
173k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 14%
Leisure 8%
Hotels & Casinos 5%
Chick-fil-A
Dining
33,031 visits/mo
0.5 miles
Buffalo Wild Wings
Dining
20,124 visits/mo
0.4 miles
Chevron
Shops & Services
16,411 visits/mo
0.5 miles
Jack in the Box
Dining
13,708 visits/mo
0.4 miles
AMC Centerpoint 11
Leisure
13,061 visits/mo
0.5 miles
Market
Lease Benchmarks for Tempe, AZ
$16.38 /SF/Yr
Avg Asking Price
$15–$18 /SF/Yr
Price Range
61,201 SF
Avg Space Size
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available in a new urban apartment development.
Where is this retail space located?
The property is located at 704 S College Ave Tempe, AZ.
What are key features of this property?
This property features: New 380‑unit urban apartment development.; Located in **Downtown Tempe**.; Adjacent to **Arizona State University (Tempe Campus)**.