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    Tempe, AZ Restaurants for Sale

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    Tempe Crossing Drive-Thru Investment
    Updated: Apr 1
    Tempe Crossing Drive-Thru Investment

    9895 S Priest Drive, Tempe, AZ 85284

    $4,280,000
    5,634 sqft · 1.30 AC lot
    High‑credit, corporate‑guaranteed tenancy with Black Rock Coffee Bar (NASDAQ: BRCB).
    Strong traffic location: Black Rock Coffee is the company’s 13th most trafficked location in the nation.
    Compounding income growth with 10% rent increases every five years.
    Strategic location with high visibility at the intersection of Priest Drive & Ray Road (66,000+ vehicles per day) and easy access to I‑10 (191,000+ vehicles per day).
    Affluent trade area with an average household income of nearly $144,000 within a 3‑mile radius.
    View details
    Historic Mill Avenue Investment Property
    Updated: Sep 22, 2025
    Historic Mill Avenue Investment Property

    401 S Mill Ave, Tempe, AZ

    $7,450,000
    9,614 sqft · 0.69 AC lot
    Irreplaceable location in Tempe's Mill Avenue Entertainment District
    100% occupied with thriving tenants: Devil's Hideaway and Serenity Wellness
    Trophy historical property listed on the National Register of Historic Places
    Adjacent to Arizona State University (ASU)
    Located in a flourishing office market
    View details
    Tempe Hard Corner Building
    Tempe Hard Corner Building

    833 W Broadway Rd, Tempe, AZ

    $1,750,000
    3,230 sqft · 0.51 AC lot

    Hard corner building in Tempe with drive-through and large parking.

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    Historic Mixed-Use Office Building
    Historic Mixed-Use Office Building

    21 E 6th St, Tempe, AZ 85281

    Contact for pricing
    9,600 sqft

    Historic building with ground-floor office and restaurant space, plus offices and loft-style space on upper levels.

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    Restaurant Parcel Near ASU Campus
    Restaurant Parcel Near ASU Campus

    1301 E Broadway Rd, Tempe, AZ 85282

    $2,600,000
    5,200 sqft

    Freestanding restaurant space in high-traffic location near Arizona State.

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    Freestanding Restaurant Building in Tempe
    Freestanding Restaurant Building in Tempe

    1705 East Broadway Road, Tempe, AZ 85282

    Contact for pricing
    4,976 sqft

    Fully fixturized restaurant for sale in a bustling Tempe location.

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    Tempe Retail/Restaurant Space Available
    Tempe Retail/Restaurant Space Available

    115 W 6th St, Tempe, AZ 85281

    Contact for pricing
    15,000 sqft

    Prime ground floor retail space near ASU's Tempe Campus.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Tempe, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Pizza Hut Drive-Thru
    Freestanding Pizza Hut Drive-Thru

    4708 S 48TH ST, Phoenix, AZ 85040

    $3,200,000
    3,752 sqft · 0.84 AC lot

    Absolute NNN drive-thru restaurant with strong 48th Street visibility and remaining lease term through 2032.

    View details
    Mixed-Use Development with Restaurant
    Mixed-Use Development with Restaurant

    5013 E Washington St, Phoenix, AZ 85034

    $10,975,000
    52,146 sqft

    Two-building mixed-use property with high-end creative suites and restaurant.

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    Mediterranean Restaurant Business For Sale
    Mediterranean Restaurant Business For Sale

    1262 South Country Club Drive, Mesa, AZ 85210

    $120,000
    2,900 sqft

    Established Mediterranean restaurant with a proven guest base, full kitchen equipment, and operating hours Monday through Saturday.

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    Freestanding Drive-Thru Building in Mesa
    Freestanding Drive-Thru Building in Mesa

    1440 West Southern Avenue, Mesa, AZ 85202

    Contact for pricing
    4,193 sqft

    4,193 SF drive-thru available for lease, ground lease, or sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Phoenix Land Parcel For Sale
    Phoenix Land Parcel For Sale

    2901 E VAN BUREN Street 19, Phoenix, AZ 85008

    $484,000

    Land parcel available in Phoenix, Arizona.

    View details
    Phoenix Commercial Land Opportunity
    Phoenix Commercial Land Opportunity

    28750 N N VLY PKWY, Phoenix, AZ

    Contact for pricing
    44,220 sqft · 1.02 AC lot

    Prime 1.02-acre commercial land in North Phoenix.

    View details
    C-2 Zoned Commercial Land Parcel
    C-2 Zoned Commercial Land Parcel

    1125 N 7TH Street, Phoenix, AZ 85006

    $679,000
    0.47 AC lot

    Flexible C-2 zoned infill parcel for owner-user or redevelopment near downtown amenities.

    View details
    General Commercial Vacant Land Parcel
    General Commercial Vacant Land Parcel

    E Baseline Road, Gilbert, AZ 85234

    $1,199,900
    1.68 AC lot

    A 1.68-acre vacant lot zoned Gen Commercial, positioned along E Baseline Road for a wide range of business concepts.

    View details

    Off-Market Properties in Tempe, AZ

    Consider similar Off-Market properties in Tempe, AZ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5009 Arizona Mls Cir
    DRIVE-THRU RESTAURANT, FAST FOOD

    5009 Arizona Mls Cir, Tempe, AZ 85282-6401

    $2,480,000
    Estimated value
    3,482 sqft · 1.45 AC lot
    View details
    400 University Dr
    RESTAURANT

    400 University Dr, Tempe, AZ 85281-5543

    Value Estimation by Request
    4,860 sqft · 0.25 AC lot
    View details
    2435 University Dr
    RESTAURANT

    2435 University Dr, Tempe, AZ 85281

    $1,460,000
    Estimated value
    4,391 sqft · 0.35 AC lot
    View details
    1160 University Dr
    RESTAURANT

    1160 University Dr, Tempe, AZ 85288-8481

    $6,045,000
    Estimated value
    5,601 sqft · 1.04 AC lot
    View details
    3332 Ml Ave
    RESTAURANT

    3332 Ml Ave, Tempe, AZ 85282-4933

    $885,000
    Estimated value
    3,060 sqft · 0.18 AC lot
    View details
    1139 Broadway Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1139 Broadway Rd, Tempe, AZ 85282-1225

    $3,690,000
    Estimated value
    3,181 sqft · 1.33 AC lot
    View details
    8749 Rural Rd
    RESTAURANT

    8749 Rural Rd, Tempe, AZ 85284-2345

    $2,700,000
    Estimated value
    3,046 sqft · 1.08 AC lot
    View details
    525 Broadway Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    525 Broadway Rd, Tempe, AZ 85282-1310

    $1,510,000
    Estimated value
    2,932 sqft · 1.01 AC lot
    View details
    1038 Ml Ave
    RESTAURANT

    1038 Ml Ave, Tempe, AZ 85281-5606

    $590,000
    Estimated value
    3,420 sqft · 0.22 AC lot
    View details
    825 48th St
    RESTAURANT

    825 48th St, Tempe, AZ 85281-5101

    $1,550,000
    Estimated value
    8,562 sqft · 1.72 AC lot
    View details
    1220 Elliot Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1220 Elliot Rd, Tempe, AZ 85284-1100

    $2,125,000
    Estimated value
    3,568 sqft · 1.11 AC lot
    View details
    1812 Apache Blvd
    BAR, TAVERN

    1812 Apache Blvd, Tempe, AZ 85281-6006

    $1,250,000
    Estimated value
    3,020 sqft · 0.55 AC lot
    View details
    2700 Ml Ave
    RESTAURANT

    2700 Ml Ave, Tempe, AZ 85282-3514

    $2,830,000
    Estimated value
    5,903 sqft · 0.86 AC lot
    View details
    7510 Rural Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    7510 Rural Rd, Tempe, AZ 85283-4658

    $1,405,000
    Estimated value
    2,047 sqft · 0.48 AC lot
    View details
    501 Ml Ave
    BAR, TAVERN

    501 Ml Ave, Tempe, AZ 85281-3622

    $22,200,000
    Estimated value
    18,826 sqft · 0.08 AC lot
    View details
    1475 Elliot Rd
    RESTAURANT

    1475 Elliot Rd, Tempe, AZ 85284-1103

    $3,715,000
    Estimated value
    5,164 sqft · 0.74 AC lot
    View details
    910 Mcclintock Dr
    BAR, TAVERN

    910 Mcclintock Dr, Tempe, AZ 85288-6795

    $5,610,000
    Estimated value
    3,250 sqft · 2.25 AC lot
    View details

    Tempe, AZ Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Tempe, AZ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 23,678 square feet of properties for sale, with an estimated market value of $16,080,000.

    Sale prices for restaurant properties in Tempe, AZ start at $1,750,000, averaging $4,020,000, and reaching up to $7,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 5
    Bars & Pubs 2
    Commercial kitchens 2
    Conventional restaurants 2
    Turn key restaurants 2

    Demographics Overview

    Population 192K
    Population Growth (5Y) +0.9%
    Median Household Income $79,956
    College Educated 32.7%

    High-Yield Neighborhoods for Investment

    Identify Tempe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    85282 $2.6M
    85284 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 5.89%
    Property Tax per SF $77.06 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Maricopa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Tempe fall within the 100,000+ square foot range.

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    • 85282
    • 85284

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