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    5Th St Tempe, AZ 85281

    For Lease
    Contact for pricing

    Historic Tempe retail, multiple suites available.

    Lot size:
    8,805 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity is located at the highly visible intersection of Mill Avenue and 5th Street in Tempe, Arizona. The property, built in 1893, offers a total of 8,805 square feet across three suites, all currently vacant and available for lease. Each suite offers unique possibilities for a variety of retail businesses. The minimum leasable space is 1,106 square feet, while the maximum contiguous space available is 5,741 square feet. This provides flexibility for businesses of various sizes and needs. The property's prime location in the heart of Tempe, within Maricopa County, ensures high foot traffic and excellent visibility. Its historic character adds a unique charm and appeal, making it an ideal location for businesses seeking a distinctive presence in a vibrant and bustling area. The property's address is Mill Avenue & 5th Street, Tempe, AZ 85281. This is a rare chance to secure a prominent retail space in a highly desirable Tempe location. The property is classified as Commercial Retail with multiple tenancy. Contact us today to learn more about this exciting opportunity.

    Property Features for 0 5Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,805 SF

    Building Details

    Year Built
    1893

    Unit(s) available at that property

    Space
    S10 Ground Floor
    Size
    5,741 SF
    Space
    Suite 105
    Size
    1,106 SF
    Space
    Suite 104
    Size
    1,958 SF

    HighLights

    • 1,106 - 5,741 SF of retail space available for lease in Tempe, AZ.
    • Future availabilities may exist.
    • Property features patios.
    • Located on Mill Avenue, adjacent to Arizona State University's campus, benefiting from over 86,500 students.
    • Historic landmark building (Laird & Dines building), constructed in 1893.
    • Unique architectural design blending historic charm with modern finishes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9401216
    Latitude
    33.4252513

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    FAQs

    What type of property is this?
    Retail property - Historic Tempe retail, multiple suites available.
    Where is this retail property located?
    The property is located at 5Th St Tempe, AZ.
    What are key features of this property?
    This property features: 1,106 - 5,741 SF of retail space available for lease in Tempe, AZ.; Future availabilities may exist.; Property features patios.
    Request Owner's contact information
    5Th St Tempe, AZ 85281
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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
    5Th St Tempe, AZ 85281
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