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3116 S Mill Ave, Tempe, AZ 85282

Retail space in a high-traffic Tempe location.

Space Size1,653 SF
Property Size18,985 SF
Days on Market1210

Property Features for 3116 S Mill Ave

General Information

Standard status Active
Size 1,653 SF
Property subtype Retail

Building Details

Building Size 18,985 SF
Tenancy Multiple

Spaces For Lease

at 3116 S Mill Ave Contact us

Suite 3214

Size
1,653 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Phoenix Commercial Advisors
Listed By: Greg Laing · License #AZ CO114520000
Source: Crexi
Added: Apr 19, 2023 Changed: Aug 8 Last Checked: Aug 8 at 4:09AM

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 Phoenix Commercial Advisors

Investment Insights

Based on property information with market context.

Located in Tempe, this retail space is part of a newly remodeled Fry’s center, which includes a newly constructed Fry’s Fuel. The location benefits from a mix of residential and daytime work traffic. Arizona State University's main campus, with 50,000 students, is located two miles to the north. A dense workforce population of 300,000 people resides within five miles. The property experiences high traffic counts at the intersection, with an average of over 60,000 cars traveling north and southbound daily.

Key Highlights

  • Dominant grocer location with strong business.
  • Newly remodeled Fry’s center including a newly constructed Fry’s Fuel.
  • High traffic counts: Over 60,000 cars daily.

Property Analytics

Current Use

HARRINGTON PLANNING + DESIGN Construction Company DreamHed Records Recording Studio Pro Edge Sports ... Construction Company Gary D. Stromberg ... Physician IT Partners IT Consulting Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Pet Store Clothing & Fashion Store Pet Store & 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

987
Businesses Nearby
162k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Groceries 31% Shops & Services 21% Beauty & Spa 2%
Fry's Groceries
49,475 visits/mo 0.1 miles
Dutch Bros. Coffee Dining
37,896 visits/mo 0.1 miles
Venezia's Pizzeria Dining
14,995 visits/mo 0.3 miles
Circle K Shops & Services
14,107 visits/mo 0.2 miles
Fry's Fuel Center Shops & Services
13,975 visits/mo 0.2 miles

Demographics for 85282, AZ

52,351
Population
25,667
Households
2
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
11.1 sq mi
ZIP Area
4,716
Density / Sq Mi
$79,084
Median Household Income
$43,863
Median Earnings
$1,627
Median Rent
$370,000
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Retail space in a high-traffic Tempe location.
Where is this grocery and convenience store located?
The property is located at 3116 S Mill Ave Tempe, AZ.
What are key features of this property?
This property features: Dominant grocer location with strong business.; Newly remodeled Fry’s center including a newly constructed Fry’s Fuel.; High traffic counts: Over 60,000 cars daily.
(602) 734-7207 Call to check price and availability
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