640 Mill Ave Tempe, AZ 85281

Centerpoint on Mill offers exceptional retail opportunities in the heart of downtown Tempe, ideally situated on Mill Avenue adjacent to Arizona State University's Tempe campus, boasting over 71,000 students and employees. This vibrant, walkable location benefits from high pedestrian traffic and is part of Tempe's $20 million Mill Avenue renovation project. Three restaurant spaces are currently available, ranging from 4,554 to 8,015 square feet. The property's strategic position is further enhanced by its proximity to a significant daytime population; over 45,000 people are within a one-mile radius, and over 612,000 within a five-mile radius. Convenience is maximized with the Valley Metro Light Rail (3rd St & Mill Ave station) just two blocks away and a Tempe Streetcar stop directly across the street. The area also features a strong concentration of residential and hospitality options, including 1,152 multifamily units and 1,378 hotel rooms within a one-mile radius, many delivered, under construction, or in planning stages over the past 36 months. Each space includes a large outdoor patio, perfect for maximizing customer engagement and creating a unique dining experience. This is a rare opportunity to establish a thriving business in a dynamic and high-traffic location.