Tempe, AZ Retail Space For Lease

Tempe, Arizona, is a hub for education, commerce, and entertainment, making it an ideal location for retail space. With a population of approximately 180,000, Tempe offers a diverse range of amenities, infrastructure, and attractions that support businesses and draw in visitors. The city is home to Arizona State University, which is a significant driver of economic activity, and is also surrounded by major companies like DriveTime, Carvana, GoDaddy, and NortonLifeLock. Additionally, Tempe features a rich cultural scene, with attractions like the Tempe Center for the Arts, Tempe History Museum, and a vibrant public art program. With its unique blend of education, innovation, and entertainment, Tempe is an attractive location for retail space for lease, offering a high volume of foot traffic and a strong potential for business growth.

With 83 retail spaces for lease available, Tempe offers a wide range of options for businesses looking to establish a presence in the area. The average annual rent per square foot is $23 USD, with spaces ranging in size from 100 square feet to 42,559 square feet. In addition to retail space, Tempe also offers a variety of other property types, including restaurants, medical offices, and office space. Restaurants in Tempe benefit from the city's vibrant cultural scene and high foot traffic, while medical offices are supported by the presence of major healthcare providers. Office space in Tempe is also in high demand, driven by the city's strong economy and innovative spirit. Overall, Tempe's unique blend of amenities, infrastructure, and attractions makes it an attractive location for businesses of all types.

What is the average cost per square foot for retail space in Tempe?

How do anchor tenants affect surrounding retail space leases?