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Retail Space in Downtown Tempe
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Contact for pricing

704 S College Ave, Tempe, AZ

Retail space available in a new urban apartment development.

Space Size3,074 SF
Lot Size0.61 Acres
Days on Market531

Property Features for 704 S College Ave

General Information

Standard status Active
Size 3,074 SF
Lot size 0.61 Acres
Property subtype RETAIL

Spaces For Lease

at 704 S College Ave
Astria AVAILABLE, Completion
Floor 1
Size 3,074 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- NEW 380 UNIT URBAN APARTMENT DEVELOPMENT INCLUDING STREET-LEVEL RETAIL - Site is located in Downtown Tempe and adjacent to Arizona State University (Tempe Campus) - Downtown Tempe draws 9.6M visitors in 2024 according to Placer.ai - Tempe boasts more than +/-186,000 residents as of 2024 and +/-109,000 employed
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Listing Agency: Western Retail Advisors, LLC
Listed By: Kalen Rickard · License #SA623748000
Source: Moodyscre
Added: May 21, 2025 Changed: Oct 25 Last Checked: Nov 1 at 3:27AM

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

Rey
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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

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

Current Use

Retail space

Suggested Use

Top Pick Dental Office Electrical Service (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store 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

2,342
Businesses Nearby
204k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Apparel 9% Shops & Services 9% Leisure 6%
Chick-fil-A Dining
33,031 visits/mo 0.3 miles
Chili's Grill & Bar Dining
28,362 visits/mo 0.5 miles
Chipotle Mexican Grill Dining
18,614 visits/mo 0.4 miles
Jack in the Box Dining
13,708 visits/mo 0.2 miles
AMC Centerpoint 11 Leisure
13,061 visits/mo 0.3 miles
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Market

Lease Benchmarks for Tempe, AZ

$15.79 /SF/Yr
Avg Asking Price
$2.69–$26 /SF/Yr
Price Range
37,435 SF
Avg Space Size

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?
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)**.
(602) 931-4492 Call to check price and availability
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