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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
    Drive-Through Restaurant Building
    Updated: May 21, 2025
    Drive-Through Restaurant Building

    833 W Broadway Rd, Tempe, AZ 85282

    $1,750,000
    3,231 sqft
    Hard corner building located close to I‑10 and US 60
    Drive‑through ready mid‑century modern building
    Vaulted ceilings and ceiling‑to‑floor glass line
    Large parking lot on site
    Positioned in Tempe near ASU Campus
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    Leased Restaurant NNN Building
    Leased Restaurant NNN Building

    505 W University Dr, Tempe, AZ 85281

    Contact for pricing
    2,342 sqft 0.26 AC lot

    Investment restaurant property with an active NNN lease, zero landlord responsibilities, and 18 years remaining on the term.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Restaurant With Leased Studio Suites
    Restaurant With Leased Studio Suites

    113 East Southern Avenue, Tempe, AZ 85282

    Contact for pricing
    2,400 sqft

    Turnkey, fully operational café paired with seven long-term leased business suites in a shopping center setting.

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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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    Historic Mill Avenue Investment Property
    Historic Mill Avenue Investment Property

    401 S Mill Ave, Tempe, AZ

    Contact for pricing
    9,614 sqft 0.69 AC lot

    Fully occupied, historic building in Tempe's Mill Avenue District.

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    Fully Built-Out Restaurant Space
    Fully Built-Out Restaurant Space

    909 E Elliot Rd, Tempe, AZ 85284

    Contact for pricing
    5,200 sqft

    Large-format restaurant space with private dining rooms, separate dining areas, and an outdoor patio.

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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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    Turnkey Boba Shop Opportunity
    Turnkey Boba Shop Opportunity

    7707 S Kyrene Rd, Tempe, AZ 85284

    Contact for pricing
    1,492 sqft

    Turnkey boba shop with approximately 1,492 sq ft, including a full kitchen with hood.

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    Fully Fixturized Freestanding Restaurant
    Fully Fixturized Freestanding Restaurant

    1705 E Broadway Rd, Tempe, AZ 85282

    Contact for pricing
    4,976 sqft

    Freestanding restaurant with full fixtures and included FF&E, offering an owner-user setup.

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    Restaurant Suite Ready to Operate
    Restaurant Suite Ready to Operate

    1753 E Broadway Rd, Tempe, AZ 85282

    Contact for pricing

    Suite 103 is positioned for a restaurant or cafe concept, presented as a ready-to-operate space with modern improvements.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Tempe, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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 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.

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

    4708 S 48TH ST, Phoenix, AZ 85040

    Contact for pricing
    3,752 sqft 0.84 AC lot

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

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    Turnkey Drive-Thru Restaurant End Cap
    Turnkey Drive-Thru Restaurant End Cap

    2659 W Guadalupe Rd, Mesa, AZ 85202

    Contact for pricing

    Fully built out end-cap drive-thru restaurant with a 12-foot hood system, grill, fryers, and refrigeration.

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    New Black Rock Coffee Bar
    New Black Rock Coffee Bar

    3225 E Baseline Rd, Phoenix, AZ 85042

    Contact for pricing
    2,485 sqft

    New single-tenant Black Rock Coffee Bar with double drive-thru.

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    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.

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    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.

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    C-2 ZIned Commercial Land Parcel
    C-2 ZIned Commercial Land Parcel

    1125 N 7TH Street, Phoenix, AZ 85006

    $667,000
    0.47 AC lot

    C-2 zoned commercial land parcel near downtown amenities with convenient access to major commuter corridors.

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    General Commercial Land
    General Commercial Land

    E Baseline Road, Gilbert, AZ 85234

    $1,199,900
    1.68 AC lot

    Vacant development parcel with General Commercial zoning and public sewer service.

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    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

    $610,000
    Estimated value
    3,482 sqft 1.45 AC lot
    View details
    400 University Dr
    RESTAURANT

    400 University Dr, Tempe, AZ 85281-5543

    $2,000,000
    Estimated value
    4,860 sqft 0.25 AC lot
    View details
    2435 University Dr
    RESTAURANT

    2435 University Dr, Tempe, AZ 85281

    $905,000
    Estimated value
    4,391 sqft 0.35 AC lot
    View details
    1160 University Dr
    RESTAURANT

    1160 University Dr, Tempe, AZ 85288-8481

    $4,755,000
    Estimated value
    5,601 sqft 1.04 AC lot
    View details
    3332 Ml Ave
    RESTAURANT

    3332 Ml Ave, Tempe, AZ 85282-4933

    $855,000
    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

    $3,570,000
    Estimated value
    3,181 sqft 1.33 AC lot
    View details
    8749 Rural Rd
    RESTAURANT

    8749 Rural Rd, Tempe, AZ 85284-2345

    $2,570,000
    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

    Tempe, AZ Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Tempe, AZ, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 54,865 square feet of properties for sale, with an estimated market value of $6,030,000.

    Sale prices for restaurant properties in Tempe, AZ start at $1,750,000, averaging $3,015,000, and reaching up to $4,280,000 — 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

    Conventional restaurants 13
    Drive through restaurants 6
    Bars & Pubs 4
    Coffee shops 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 $1.8M
    85284 $4.3M

    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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