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    Tempe, AZ Shopping Centers for Sale

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    6 properties
    Tempe Retail Center Near Fry's
    Updated: May 15
    Tempe Retail Center Near Fry's

    3134 South Mill Avenue, Tempe, AZ 85282

    $11,000,000
    31,621 sqft 3.10 AC lot
    Shadow‑anchored by high‑volume Fry’s Food & Drug (Kroger), driving consistent customer traffic.
    Located in a centralized in‑fill location within the East Valley retail core, with excellent visibility and access along Mill Avenue.
    High occupancy rate of 94.8% leased to a diverse mix of daily‑needs tenants.
    Proximity to Arizona State University's main campus (1.5 miles).
    Strong surrounding demographics, including a large daytime population and high average household incomes.
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    This listing looks promising.

    Here's a quick look at some key insights for

    3134 South Mill Avenue, Tempe, AZ 85282

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    • Est. Cap Rate

      3.4%
      NOI ÷ price

    • Est. NOI

      $369K
      Annual

    • Mortgage

      $4.5M
      Mar 2023

    • Last Sold

      Jun 2013
      $4.05M

    • Property Type

      Neighborhood: Shopping Center, Strip Center, Enterprise Zone
      Built 1976
    View Property Analytics
    Fry's Shopping Center Retail Space
    Updated: Jan 27
    Fry's Shopping Center Retail Space

    9900 S Rural Rd, Tempe, AZ 85284

    Contact for pricing
    155,489 sqft
    Dominant grocer (Fry's) at a strong neighborhood intersection (Ray Rd & Rural Rd)
    Located in a dense, established, and affluent trade area
    Limited retail availability in the area
    High average household income ($120,000 within 1 mile)
    Located in Tempe, Arizona
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    Tempe Retail Space Available
    Tempe Retail Space Available

    2010 E. Rio Salado Pkwy, Tempe, AZ 85281

    Contact for pricing
    376,404 sqft

    Freestanding retail space in a busy Tempe shopping center.

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    Land Available at Arizona Mills
    Land Available at Arizona Mills

    1530 W Baseline Rd, Tempe, AZ 85282

    Contact for pricing
    8,752 sqft

    Land parcel available for ground lease or build to suit.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Retail Space Near Arizona Mills
    Retail Space Near Arizona Mills

    5009 S Arizona Mills Cir, Tempe, AZ

    Contact for pricing
    4,574 sqft 1.46 AC lot

    Retail space available near Arizona Mills in Tempe, Arizona.

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    Tempe Retail Center For Sale
    Tempe Retail Center For Sale

    SEC McClintock Dr & Guadalupe Rd, Tempe, AZ 85283

    Contact for pricing
    156,441 sqft

    Retail opportunity at a busy Tempe intersection near major freeways.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Tempe, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

    Phoenix Retail Strip Center For Sale
    Phoenix Retail Strip Center For Sale

    4730-4750 S. 48th St, Phoenix, AZ 85040

    $9,850,000
    16,489 sqft 2.35 AC lot

    Well-located retail strip center in Phoenix's Cotton Center.

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    Chandler Retail Investment Opportunity
    Chandler Retail Investment Opportunity

    4949 W Ray Rd, Chandler, AZ 85226

    $16,500,000
    62,071 sqft

    Net leased investment property in Chandler, Arizona.

    View details
    Lifestyle Center Retail Space Available
    Lifestyle Center Retail Space Available

    7131 W Ray Rd, Chandler, AZ 85226

    Contact for pricing
    133,723 sqft

    Retail space in high-end lifestyle center at I-10 & Ray.

    View details
    Ray Road Retail Pad Space
    Ray Road Retail Pad Space

    4802 E Ray Rd, Phoenix, AZ 85044

    Contact for pricing
    313,104 sqft

    Pad space in busy Ahwatukee shopping center for 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.

    Commercial Land Near TSMC Plant
    Commercial Land Near TSMC Plant

    2117 W Whispering Wind Dr, Phoenix, AZ 85027

    Contact for pricing
    198,198 sqft 4.45 AC lot

    4.45 acres near TSMC, USAA campus, and shopping centers.

    View details
    Casa Grande Land For Sale
    Casa Grande Land For Sale

    TBD/SW Corner Pinal Ave, Casa Grande, AZ 85122

    $3,136,800
    38.91 AC lot

    38.91 acres with high visibility and development potential.

    View details
    Land Parcel in Surprise, Arizona
    Land Parcel in Surprise, Arizona

    N 231st Avenue, Surprise, AZ 85387

    $157,500
    9.24 AC lot

    Two parcels of land totaling 10.07 acres in Surprise, AZ.

    View details
    Multi-Zoned Land for RV and Housing
    Multi-Zoned Land for RV and Housing

    9XXX N HIGHWAY 79 (NO ADDRESS), Florence, AZ 85132

    $3,454,000
    156.49 AC lot

    156.81-acre parcel with multiple zoning categories, supporting RV park and multi-unit residential development options.

    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.

    7305 Kyrene Rd
    SHOPPING CENTER, STRIP CENTER

    7305 Kyrene Rd, Tempe, AZ 85283-4608

    $5,625,000
    Estimated value
    11,220 sqft 1.32 AC lot
    View details
    950 Baseline Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    950 Baseline Rd, Tempe, AZ 85283-1688

    $12,245,000
    Estimated value
    29,027 sqft 3.44 AC lot
    View details
    6323 Rural Rd
    SHOPPING CENTER, STRIP CENTER

    6323 Rural Rd, Tempe, AZ 85283-2900

    $5,600,000
    Estimated value
    8,906 sqft 0.81 AC lot
    View details
    1840 Warner Rd Ste, Unit 105
    SHOPPING CENTER, STRIP CENTER

    1840 Warner Rd Ste, Tempe, AZ 85284-3400

    Unit 105
    $8,140,000
    Estimated value
    10,067 sqft 6.54 AC lot
    View details
    933 University Dr
    SHOPPING CENTER, STRIP CENTER

    933 University Dr, Tempe, AZ 85288-4253

    $15,470,000
    Estimated value
    19,130 sqft 1.68 AC lot
    View details
    827 Rural Rd
    SHOPPING CENTER, STRIP CENTER

    827 Rural Rd, Tempe, AZ 85281-2002

    $3,010,000
    Estimated value
    3,720 sqft 0.36 AC lot
    View details
    7520 Rural Rd
    SHOPPING CENTER, STRIP CENTER

    7520 Rural Rd, Tempe, AZ 85283-4637

    Value Estimation by Request
    17,400 sqft 3.64 AC lot
    View details
    4325 48th St
    SHOPPING CENTER, STRIP CENTER

    4325 48th St, Tempe, AZ 85282-6147

    Value Estimation by Request
    9,656 sqft 0.91 AC lot
    View details
    1705 Ruby Dr Ste, Unit 108
    WHOLESALE OUTLET, DISCOUNT STORE

    1705 Ruby Dr Ste, Tempe, AZ 85284-1060

    Unit 108
    Value Estimation by Request
    29,785 sqft 0.10 AC lot
    View details
    2720 Baseline Rd
    SHOPPING CENTER, STRIP CENTER

    2720 Baseline Rd, Tempe, AZ 85283-1065

    $12,700,000
    Estimated value
    30,729 sqft 1.85 AC lot
    View details
    1878 Apache Blvd
    SHOPPING CENTER, STRIP CENTER

    1878 Apache Blvd, Tempe, AZ 85281-6058

    $5,720,000
    Estimated value
    8,700 sqft 1.23 AC lot
    View details
    970 University Dr
    SHOPPING CENTER, STRIP CENTER

    970 University Dr, Tempe, AZ 85288-4276

    Value Estimation by Request
    2.62 AC lot
    View details
    1050 Elliot Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    1050 Elliot Rd, Tempe, AZ 85284-1111

    $13,000,000
    Estimated value
    87,578 sqft 5.90 AC lot
    View details
    1290 Scottsdale Rd
    SHOPPING CENTER, STRIP CENTER

    1290 Scottsdale Rd, Tempe, AZ 85288-1702

    $12,260,000
    Estimated value
    15,160 sqft 5.54 AC lot
    View details
    1811 Scottsdale Rd
    SHOPPING CENTER, STRIP CENTER

    1811 Scottsdale Rd, Tempe, AZ 85288-1563

    Value Estimation by Request
    4,200 sqft 7.16 AC lot
    View details
    2334 Southern Ave
    SHOPPING CENTER, STRIP CENTER

    2334 Southern Ave, Tempe, AZ 85282-7627

    $7,850,000
    Estimated value
    33,510 sqft 2.85 AC lot
    View details
    2131 Apache Blvd
    WHOLESALE OUTLET, DISCOUNT STORE

    2131 Apache Blvd, Tempe, AZ 85281-4864

    $3,070,000
    Estimated value
    17,658 sqft 0.72 AC lot
    View details
    1746 Ruby Dr
    WHOLESALE OUTLET, DISCOUNT STORE

    1746 Ruby Dr, Tempe, AZ 85284-1037

    Value Estimation by Request
    71,803 sqft 0.11 AC lot
    View details

    Tempe, AZ Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in Tempe, AZ, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 31,621 square feet of properties for sale, with an estimated market value of $11,000,000.

    Sale prices for plazas in Tempe, AZ start at $11,000,000, averaging $11,000,000, and reaching up to $11,000,000 — 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

    Shopping centers 28
    Storefront properties 10
    Automotive properties 7
    Grocery and convenience stores 5
    Showrooms 4

    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 $11M

    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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    Most Searched ZIP Codes in Tempe, AZ

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