1900 E 5Th St, Tempe, AZ 85288
For Lease
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This exceptional 200-square-foot commercial kitchen, classified as Class B, is perfectly situated in Tempe, Arizona, at 1900 E 5th St, zip code 85281, within Maricopa County. The property is a single-tenant space, categorized as retail and restaurant use, specifically designed as a ghost kitchen. Its compact size makes it an efficient and cost-effective solution for various food businesses. The kitchen is a turnkey operation, ready for immediate occupancy, making it an attractive option for entrepreneurs looking to minimize startup costs and maximize profitability. This location is strategically positioned to capitalize on the high demand for food delivery services in the area. The property's ideal size and location make it suitable for startups, personal chefs, catering companies, food trucks, single-location operators, and national chains seeking expansion opportunities. This is a rare opportunity to establish a thriving food business in a prime Tempe location with minimal overhead. The property offers a significant advantage for businesses seeking to quickly and affordably expand their reach within the thriving Tempe food delivery market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GID · Tempe, AZTempe. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.