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Downtown Tempe Multifamily Development
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211 E 7th St, Tempe, AZ 85281

Modern living in the heart of downtown Tempe.

Space Size3,074 SF
Days on Market862

Property Features for 211 E 7th St

General Information

Standard status Active
Size 3,074 SF
Property subtype Retail

Building Details

Building Size 3,074 SF
Tenancy Multiple

Spaces For Lease

at 211 E 7th St Contact us

Suite A1

Size
3,074 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Western Retail Advisors
Listed By: Jason Fessinger · License #AZ BR527561000
Source: Crexi
Added: Apr 18, 2024 Changed: Aug 14 Last Checked: Aug 26 at 5:53AM

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 Western Retail Advisors

Investment Insights

Based on property information with market context.

Astria is a multi-family development located in downtown Tempe, designed to appeal to young professionals and the business community. The property features 380 units, ranging from studios to three-bedroom layouts. Situated in downtown Tempe near Arizona State University, the property offers urban living. The 27th floor includes a fitness center and collaboration spaces. An open-air skydeck features a rooftop pool with city skyline views. The first floor includes 3,074 square feet of retail space.

Key Highlights

  • Prime Downtown Tempe location near Arizona State University.
  • Enjoy the rooftop pool with city skyline and 'A' Mountain views.
  • Exclusive 27th‑floor amenities** include a state‑of‑the‑art fitness center and collaboration spaces.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Electrical 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

2,342
Businesses Nearby
204k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Apparel 9% Shops & Services 9% Leisure 6%
Chick-fil-A Dining
33,031 visits/mo 0.3 miles
Chili's Grill & Bar Dining
28,362 visits/mo 0.5 miles
Chipotle Mexican Grill Dining
18,614 visits/mo 0.4 miles
Jack in the Box Dining
13,708 visits/mo 0.2 miles
AMC Centerpoint 11 Leisure
13,061 visits/mo 0.3 miles

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value

Market

Lease Benchmarks for Tempe, AZ

$18.79 /SF/Yr
Avg Asking Price
$15–$26 /SF/Yr
Price Range
30,783 SF
Avg Space Size

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Modern living in the heart of downtown Tempe.
Where is this retail space located?
The property is located at 211 E 7th St Tempe, AZ.
What are key features of this property?
This property features: Prime Downtown Tempe location near Arizona State University.; Enjoy the **rooftop pool with city skyline and 'A' Mountain views.**; Exclusive 27th‑floor amenities** include a state‑of‑the‑art fitness center and collaboration spaces.
(602) 931-4492 Call to check price and availability
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