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    55th St & Broadway Rd Tempe, AZ 85282

    For Lease
    Contact for pricing

    Prime Tempe location, single-tenant retail space.

    Lot size:
    1,277 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,277 square foot retail space is ideally situated at the intersection of 55th Street and Broadway Road in Tempe, Arizona. Located in Maricopa County, this single-tenant property offers a fantastic opportunity for businesses seeking a high-visibility location. The entire space is currently vacant, providing immediate occupancy for a new tenant. The property's classification is commercial retail, making it suitable for a wide range of retail ventures. The address is conveniently located at 55th Street and Broadway Road, offering excellent street visibility and accessibility for customers. The zip code is 85282. With its ample square footage and prime location, this property presents a compelling investment opportunity for businesses looking to establish or expand their presence in the thriving Tempe market. The property's size is perfectly suited for a variety of retail uses, from smaller boutiques to larger retail operations. Its strategic location ensures high foot traffic and visibility, maximizing potential for business success. Interested parties should inquire for pricing details. The property is ready for immediate occupancy.

    Property Features for 55th St & Broadway Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,277 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,277 SF

    HighLights

    • High‑traffic retail center on Broadway Rd.
    • Excellent access to I‑10 and Downtown Tempe.
    • Near Arizona State University (ASU) with ~57,000 students.
    • Strong employment base: ~19,230 jobs within 1 mile.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9639646
    Latitude
    33.4017509

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    FAQs

    What type of property is this?
    Retail property - Prime Tempe location, single-tenant retail space.
    Where is this retail property located?
    The property is located at 55th St & Broadway Rd Tempe, AZ.
    What are key features of this property?
    This property features: High-traffic retail center on Broadway Rd.; Excellent access to I-10 and Downtown Tempe.; Near Arizona State University (ASU) with ~57,000 students.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55th St & Broadway Rd Tempe, AZ 85282
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