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Property profile & analytics
FOR LEASE
Motels

1221 E Apache Blvd Tempe, AZ 85281

34,452 SF 3.17 ac lot Built 1976
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US07-0929418
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1976
Construction CONCRETE
Total area 34,452 SF
Lot 3.17 ac (138,074 SF)
Zoning code C-G
APN 133-09-092G
UPID US07-0929418
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Nexa Apartments Apartment Complex
  • Kuka Sushi & Izakaya Restaurant
  • Guille Sanchez Carpet Store Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.31M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.75M
Owner & transaction history
LMC APACHE TERRACE HOLDINGS LLC
LMC APACHE TERRACE HOLDINGS LLC
Zoning & alternative use
C-G · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source zoning and development code
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