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    Cor Of Elliot Rd And Priest Dr Tempe, AZ 85284

    For Lease
    Contact for pricing

    Prime Tempe location, 16,795 sq ft available.

    Lot size:
    16,795 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located on the southwest corner of Elliot Road and Priest Drive in Tempe, Arizona, offers a significant 16,795 square feet of space currently available for lease. The property is classified as a multi-tenant retail building within Maricopa County, zip code 85284. Its high-profile location at a major intersection ensures exceptional visibility and accessibility for businesses seeking a strong presence in the Tempe market. The entire building is vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to collaborate and create a vibrant retail center. The property's size and prominent location make it ideal for a variety of retail uses, from large-format stores to smaller boutiques and service businesses. The building's total square footage is 16,795 square feet, offering ample space for a wide range of business needs. This is a rare opportunity to secure a significant retail presence in a high-traffic area of Tempe. Interested parties are encouraged to inquire for further details and leasing information. The property is categorized as commercial retail and is situated in a thriving area of Tempe, offering excellent potential for growth and success. The address is specifically the southwest corner of Elliot Road and Priest Drive.

    Property Features for 0 Cor Of Elliot Rd And Priest Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,795 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    16,795 SF

    HighLights

    • High‑traffic intersection with ±90,000 cars daily.
    • Existing LA Fitness anchors the property.
    • Excellent visibility and accessibility; I‑10 frontage with 250,000+ cars daily.
    • Strong daytime and evening traffic counts.
    • Co‑tenancy with AutoZone and another major retailer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.93
    Latitude
    33.43

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    FAQs

    What type of property is this?
    Retail property - Prime Tempe location, 16,795 sq ft available.
    Where is this retail property located?
    The property is located at Cor Of Elliot Rd And Priest Dr Tempe, AZ.
    What are key features of this property?
    This property features: High-traffic intersection with ±90,000 cars daily.; Existing LA Fitness anchors the property.; Excellent visibility and accessibility; I-10 frontage with 250,000+ cars daily.
    Request Owner's contact information
    Cor Of Elliot Rd And Priest Dr Tempe, AZ 85284
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    Tempe, AZ 85284
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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
    Cor Of Elliot Rd And Priest Dr Tempe, AZ 85284
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