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Ground-Floor Retail Space

706 712 College Ave, Tempe, AZ 85281

For Lease
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New retail or restaurant premises are planned within a mixed-use development near campus and downtown.

Space Size8,300 SF
Days on Market45

Property Features for 706 712 College Ave

General Information

Standard status Active
Size 8,300 SF
Property subtype Retail, Restaurant

Space & Availability

Floor Ground
Available From 2026

Building Details

Stories 9

Spaces For Lease

at 706 712 College Ave
Available Space Active
Size 8,300 SF
Contact us
Listing Agency: GPS Commercial Advisors
Listed By: JENNIFER HILL · License AZ BR540315000
Source: Crexi
Added: Sep 26 Changed: Nov 8 Last Checked: Nov 8 at 5:41PM

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 GPS Commercial Advisors

Rey
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Investment Insights

Based on property information with market context.

Retail space is planned on the ground floor of a nine-story mixed-use building. The space is described for retail or restaurant use, with delivery scheduled for 2026 following a 2024 groundbreaking.

The property is on College Ave in Tempe, near campus and downtown.

Key Highlights

  • Ground‑floor retail space in a nine‑story mixed‑use building
  • Planned retail or restaurant use
  • Groundbreaking scheduled for 2024; delivery planned for 2026

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Electrical Service

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

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

Lease Benchmarks for Tempe, AZ

$14.94 /SF/Yr
Avg Asking Price
$2.69–$23 /SF/Yr
Price Range
36,810 SF
Avg Space Size

Properties on Market for Retail space in Tempe

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?
Retail space - New retail or restaurant premises are planned within a mixed-use development near campus and downtown.
Where is this retail space located?
The property is located at 706 712 College Ave Tempe, AZ.
What are key features of this property?
This property features: Ground‑floor retail space in a nine‑story mixed‑use building; Planned retail or restaurant use; Groundbreaking scheduled for 2024; delivery planned for 2026
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