Tempe, Arizona, is a hub for education, commerce, and entertainment, making it an ideal location for restaurants. With a population of around 180,000, Tempe offers a diverse range of amenities, infrastructure, and attractions that make it an attractive destination for businesses and tourists alike. The city is home to Arizona State University, which brings in a large student population, and is also surrounded by major companies like DriveTime, Carvana, and GoDaddy, providing a steady stream of customers. Tempe's location near Phoenix Sky Harbor International Airport and Phoenix-Mesa Gateway Airport also makes it easily accessible for visitors. With its rich history, cultural attractions, and outdoor recreational activities, Tempe is a great place for business and travel. We currently have 17 restaurants for lease in Tempe, offering a range of options from 1,161 square feet to 5,371 square feet, with average annual rents ranging from $38 USD to $39 USD.
Restaurants in Tempe benefit from the city's vibrant atmosphere, with attractions like Tempe Town Lake, Papago Park, and the Tempe Center for the Arts drawing in visitors from all over. The city's diverse economy, with major industries in technology, finance, retail, and manufacturing, also provides a stable customer base. In addition to restaurants, Tempe also offers a range of other commercial properties, including retail space, commercial real estate, and flex space. Retail space in Tempe is ideal for businesses looking to capitalize on the city's high foot traffic, while commercial real estate offers a range of options for companies looking to establish a presence in the area. Flex space, with its versatility and adaptability, is also a popular choice for businesses in Tempe. With its unique blend of education, commerce, and entertainment, Tempe is a great place to establish a business, and our listings offer a range of options to suit every need.
How are restaurant leases typically structured?
Restaurant leases in Tempe, Arizona are typically structured to accommodate the unique needs of food service businesses, with an average annual rent of $39 USD per square foot and average space sizes ranging from 2,555 square feet to 5,371 square feet. These leases often include provisions for common area maintenance, utilities, and equipment installation, with terms varying from 3 to 10 years depending on the landlord and location.
What kitchen equipment is usually included in restaurant leases?
When exploring the 17 available listings of restaurants for lease in Tempe, you'll often find that kitchen equipment is included in the lease agreement. Typically, this equipment includes commercial-grade appliances such as ovens, refrigerators, dishwashers, and ventilation systems, which are essential for operating a successful restaurant in a city like Tempe, where foodies flock to popular spots like Mill Avenue and Tempe Town Lake.
