825 48Th St Tempe, AZ 85281

This exceptional 9,276-square-foot vacant restaurant building presents a unique investment opportunity in Tempe, Arizona. Previously occupied by Denny's, the property boasts a highly visible location at the southeast corner of the SR-143 and University Drive interchange, benefiting from over 60,000 vehicles passing daily. Situated on a 1.7-acre lot (APN 124-56-050A), this property is zoned GID (General Industrial), offering flexibility for a variety of uses, including retail and industrial. Its strategic location within the Phoenix Metro freeway system provides unparalleled access to major transportation arteries, including I-10 (less than one mile south), SR-60 (two miles south), and Loop 202 (one mile north). The property's proximity to Sky Harbor International Airport, Downtown Tempe, and Arizona State University's campus (all within two miles) and Downtown Phoenix (within five miles) further enhances its appeal. The high demand in this dense submarket, with approximately 340,000 daytime employees within a five-mile radius, makes this a compelling opportunity for lease, ground lease, or build-to-suit development. This property offers significant potential for investors seeking a high-visibility location in a thriving area.