You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $7,145,000
Strip malls

940 Baseline Rd Tempe, AZ 85283-1313

15,210 SF 20.37 ac lot Built 1978
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US07-2292666
Property summary
AI-generated overview

This exceptional 30,000 square foot retail space is ideally situated at 940 E Baseline Rd in Tempe, Arizona, within Maricopa County. The property is a single-tenant building, offering a significant opportunity for a business seeking a large, high-visibility location. The entire 30,000 square feet is currently vacant and available for lease, presenting a blank canvas for a prospective tenant to customize the space to their exact specifications. The property's address is easily accessible, boasting high traffic counts and excellent visibility along Baseline Road, a major thoroughfare in Tempe. This makes it an ideal location for businesses seeking maximum exposure to potential customers. The property type is classified as commercial retail, suitable for a wide range of retail uses. The zip code for this property is 85283. Given its size and location, this property represents a rare opportunity for a business seeking a substantial presence in the thriving Tempe market. Interested parties are encouraged to inquire for further details and leasing information. The property's geographic coordinates are latitude 33.3790649 and longitude -111.9260821.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1978
Construction CONCRETE
Total area 15,210 SF
Lot 20.37 ac (887,447 SF)
Zoning code PAD
APN 133-38-496
UPID US07-2292666
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
  • Big Lots Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.15M
Owner & transaction history
LAKE COUNTRY RETAIL PARTNERS LLC,
LAKE COUNTRY RETAIL PARTNERS LLC,
Zoning & alternative use
PAD · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $10.6M +38.8%
Auto repair, garage $10.5M +36.9%
Industrial (general) $8.0M +5.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 940 Baseline Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message