3116 Mill Ave Tempe, AZ 85282
- Retail properties
- 11,262 SF
Current Use by Public Records
- HARRINGTON PLANNING + DESIGN / Construction Company
- DreamHed Records / Entertainer / Musician
- Pro Edge Sports Courts USA / Construction Company
- Gary D. Stromberg & Associates / Occupational Therapist
- IT Partners / Computer Consultant / Business To Business Service
Property Details for 3116 Mill Ave
- Property size
- 11,262 SF
- Property type
- Retail properties
Description
Mill Plaza, a newly remodeled retail center in the heart of Tempe, Arizona, presents a unique opportunity for businesses seeking high visibility and strong foot traffic. This 11,262 square foot property, zoned for commercial use within the City of Tempe, Maricopa County, offers multiple tenancy options. Currently, 6,550 square feet of retail space is available, divisible into units ranging from a minimum of 1,653 square feet to a maximum contiguous space of 4,897 square feet. The center benefits from its strategic location near Arizona State University's main campus (just two miles north), attracting a large student population of 50,000. Furthermore, a dense workforce of 300,000 people resides within a five-mile radius, ensuring consistent daytime traffic. The property is anchored by a newly constructed Fry's Fuel and a newly remodeled Fry's grocery store, a significant draw for consumers. High traffic counts exceeding 60,000 vehicles daily on the intersecting roadways further enhance the property's visibility and accessibility. This prime location offers exceptional potential for businesses seeking to establish a strong presence in a thriving Tempe market. The property consists of a single building with multiple suites.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.94
- Latitude
- 33.3949
