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    FOR LEASE
    Outlet malls

    1840 E Warner Rd, Tempe, AZ 85284

    13,083 SF 7.45 ac lot Built 1987
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US07-1551773
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents two available spaces totaling 1,372 to 4,300 square feet, ideally situated at 1840 E Warner Rd, Tempe, AZ 85284. Located at the northeast corner of McClintock and Warner Roads, this property offers unparalleled visibility and accessibility for businesses seeking a high-traffic location. The property is classified as a retail and restaurant space, suitable for a variety of uses including shops and restaurants within a shopping center or strip center environment. The multiple tenancy structure provides a vibrant and diverse atmosphere, attracting a wide range of customers. The precise square footage of each available space is not specified, but the total available space ranges from 1,372 to 4,300 square feet, allowing for flexibility in tenant needs. This prime Tempe location offers excellent potential for businesses seeking high visibility and foot traffic in a thriving commercial area. The address is easily accessible from major roadways, ensuring convenient access for both customers and employees. This property presents a unique opportunity to establish or expand a business in a dynamic and desirable location within the Tempe market. Interested parties are encouraged to inquire for further details regarding lease terms and space availability. The property's location at the intersection of McClintock and Warner Roads provides exceptional exposure to a large volume of daily traffic.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1987
    Construction CONCRETE
    Total area 13,083 SF
    Lot 7.45 ac (324,560 SF)
    Zoning code PCC-1
    APN 301-50-961
    UPID US07-1551773
    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
    • Signatures In Hair Hair Salon Nail Salon
    • Function Pilates Gym & Fitness Center
    • LOMI POKI - Poke & Grilled Restaurant
    • Renee Privett Physician
    • Davinci Meeting Rooms Marketing & Advertising Event Planning
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $12.49M
    Blend (final) Blend
    $12.49M
    Owner & transaction history
    Vb Acquisitions LLC
    Vb Acquisitions LLC
    since 2025
    7 recorded transactions
    2026
    2025
    2016
    2006
    $695,995
    2006
    $1.1M
    2005
    $81,576
    2005
    $1.3M
    Zoning & alternative use
    PCC-1 · Tempe, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $9.1M +32.4%
    Auto repair, garage $9.0M +30.5%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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