1221 E Apache Blvd, Tempe, AZ 85281
- Motels
- 34,452 SF
- 3.17 lot acres
Current Use by Public Records
- Nexa Apartments / Apartment Complex
- Kuka Sushi & Izakaya / Restaurant
- Guille Sanchez Carpet Store / Carpet & Flooring Store
Property Details for 1221 E Apache Blvd
- Year built
- 1976
- Construction
- CONCRETE
- Lot size
- 3.17 lot acres
- Zone code
- C-G
- Property type
- Motels
- APN
- 133-09-092G
- APU
- 13309092G
Description
This exceptional 1,300-square-foot retail space, ideally suited for a cafe or bar, is located at 1221 E Apache Blvd in Tempe, Arizona, zip code 85281. Built in 2017, the property offers a turnkey operation with existing fixtures, furniture, and equipment (FF&E) remaining in place, saving significant setup costs for the new tenant. The space is a single unit within a larger building, offering complete control and privacy. Its prime location on Apache Boulevard and Terrace Road ensures excellent visibility and accessibility. A significant advantage is the large patio area, perfect for outdoor seating, complemented by dedicated parking directly adjacent to the space. Monument signage is also available, providing exceptional branding opportunities. The property's total square footage is 1,300 square feet, with no possibility of dividing the space further. This presents a unique opportunity for a food and beverage establishment seeking a well-established and highly visible location in the thriving Tempe market.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,580,000
- 6.5%
- $3,305,000
- 7%
- $3,070,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.918
- Latitude
- 33.414
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
