For Lease
$684/SF/YR

640 Mill AveTempe, AZ 85281

Prime Tempe location, multiple restaurant spaces available.

Overview

Added:
Dec 11, 2024
Days on market:
116
Centerpoint on Mill offers exceptional retail opportunities in the heart of downtown Tempe, ideally situated on Mill Avenue adjacent to Arizona State University's Tempe campus, boasting over 71,000 students and employees. This vibrant, walkable location benefits from high pedestrian traffic and is part of Tempe's $20 million Mill Avenue renovation project. Three restaurant spaces are currently available, ranging from 4,554 to 8,015 square feet. The property's strategic position is further enhanced by its proximity to a significant daytime population; over 45,000 people are within a one-mile radius, and over 612,000 within a five-mile radius. Convenience is maximized with the Valley Metro Light Rail (3rd St & Mill Ave station) just two blocks away and a Tempe Streetcar stop directly across the street. The area also features a strong concentration of residential and hospitality options, including 1,152 multifamily units and 1,378 hotel rooms within a one-mile radius, many delivered, under construction, or in planning stages over the past 36 months. Each space includes a large outdoor patio, perfect for maximizing customer engagement and creating a unique dining experience. This is a rare opportunity to establish a thriving business in a dynamic and high-traffic location.

Highlights

  • Retail spaces available, 4,554 - 8,015 sq. ft.
  • Prime downtown Tempe location on Mill Avenue, adjacent to ASU.
  • High pedestrian traffic in a vibrant, walkable environment.
  • Strong daytime population exceeding 612,000 within a 5-mile radius.
  • Benefits from Tempe's $20 million Mill Avenue renovation project.

Property Details for 640 Mill Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
18,159 SF

Unit(s) available at that property

Space
Suite 100
Size
8,015 SF
Rate per SF
$684
Space
Suite 110
Size
4,554 SF
Rate per SF
$684
Space
Suite 120
Size
5,590 SF
Rate per SF
$684

Location Insight

City
Tempe
County
Maricopa
State
Arizona
Latitude
33.4241628
Longitude
-111.9404258
640 Mill Ave, Tempe, Arizona

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640 Mill Ave
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