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    1845 Broadway Rd Tempe, AZ 85281

    Sponsored
    For Lease
    Contact for pricing

    Prime Tempe retail space, high traffic location.

    Lot size:
    36,432 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is situated at 1845 E Broadway Rd, Tempe, AZ 85281, on the southeast corner of Broadway Road and McClintock Drive. The single-story, 36,432 square foot building, constructed in 1985, offers multiple tenancy options with a minimum divisible space of 1,558 square feet. Currently, there are 2,172 square feet of vacant space available for lease. The property is zoned C-2 and located in Maricopa County. Its strategic location provides excellent visibility and accessibility, benefiting from proximity to major transportation arteries including I-60 and 101 Freeways, and is just two miles from Arizona State University. The property is also conveniently located one intersection south of the new light rail transit system extending from ASU to Loop 101, ensuring high foot traffic and convenient access for customers. Established tenants include VCA Tri-City Animal Hospital, Cosmo Prof, Burger King, America's Health Suites, Simply Smashing, and Catalyst Brewing, demonstrating the center's strong appeal and established tenant base. This property presents a compelling investment opportunity for businesses seeking a high-traffic location in a thriving Tempe market. The available space offers a chance to establish or expand a retail presence in a well-established and convenient shopping center.

    Property Features for 1845 Broadway Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,432 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,350 SF

    HighLights

    • Excellent access to Loop 101, Loop 202, US Hwy 60, and I‑10.
    • One block south of the new light rail connecting ASU and Loop 101.
    • Located on a signalized intersection.
    • Features diverse dining options.
    • Anchored by Joe's Italian Ice and Burger King.
    Property Profile Location Intelligence

    Current Use by Public Records

    SALT Sea And Land ... Restaurant 老城滋味 Chinese Restaurant Arricka Crayton Therapists Micaela Simon Family Practice Physician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9343636
    Latitude
    33.3897576

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    FAQs

    What type of property is this?
    Individual retail property - Prime Tempe retail space, high traffic location.
    Where is this individual retail property located?
    The property is located at 1845 Broadway Rd Tempe, AZ.
    What are key features of this property?
    This property features: Excellent access to Loop 101, Loop 202, US Hwy 60, and I-10.; One block south of the new light rail connecting ASU and Loop 101.; Located on a signalized intersection.
    Request Owner's contact information
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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
    1845 Broadway Rd Tempe, AZ 85281
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