Retail/Restaurant Space in
For Lease
Contact for pricing
947 S Mill Ave, Tempe, AZ
Ground floor retail/restaurant space in a new Class A building.
Space Size3,412 SF
Lot Size33.55 Acres
Days on Market382
Property Features for 947 S Mill Ave
General Information
Standard status
Active
Size
3,412 SF
Lot size
33.55 Acres
Property subtype
RETAIL
Spaces For Lease
at 947 S Mill Ave Contact us- Floor
- 1
- Size
- 3,412 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
University Gateway Building
- Ground Floor Retail / Restaurant Space Available in a new 5-story, 130,000 SF Class...
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Listing Agency:
SRS Real Estate Partners | Phoenix
(602) 369-1368
Listed By:
Scott Ellsworth · License #.SA116826000
(602) 369-1368
Source:
Moodyscre
Added: Jul 31, 2025
Changed: Aug 8
Last Checked: Aug 16 at 9:25AM
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 SRS Real Estate Partners | Phoenix
Investment Insights
Based on property information with market context.
Ground floor retail or restaurant space is available within a new five-story Class A building encompassing 130,000 square feet. The retail space is move-in ready, awaiting tenant improvements. Prime end-cap suites with patio options are available, ranging from approximately 3,412 to 3,659 square feet. The building wraps around a new parking garage with 1,200 spaces. The upper floors feature office and classroom spaces, including an e-sports theater, music therapy clinic, and advanced creative studios. The location is near the Omni Conference Center, which has 330 rooms, and the Mirabella high-rise, which has 300 units. It is also within walking distance of the ASU Gammage Auditorium, the Omni Hotel, and the Tempe Street Car.
Key Highlights
- Prime ground floor retail/restaurant space in a new Class A office & academic building.
- Patio end‑cap suites available (±3,412–3,659 RSF).
- Wraps a new 1,200‑space parking garage.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,149
Businesses Nearby
202k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 74%
Apparel 9%
Shops & Services 9%
Leisure 6%
Chick-fil-A
Dining
33,031 visits/mo
0.2 miles
Chili's Grill & Bar
Dining
28,362 visits/mo
0.3 miles
Chipotle Mexican Grill
Dining
18,614 visits/mo
0.1 miles
Jack in the Box
Dining
13,708 visits/mo
0.2 miles
AMC Centerpoint 11
Leisure
13,061 visits/mo
0.3 miles
Market
Lease Benchmarks for Tempe, AZ
$18.79 /SF/Yr
Avg Asking Price
$15–$26 /SF/Yr
Price Range
28,424 SF
Avg Space Size
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Ground floor retail/restaurant space in a new Class A building.
Where is this retail space located?
The property is located at 947 S Mill Ave Tempe, AZ.
What are key features of this property?
This property features: Prime ground floor retail/restaurant space in a new Class A office & academic building.; Patio end‑cap suites available (±3,412–3,659 RSF).; Wraps a new 1,200‑space parking garage.
