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Investment Highlights
- High-Exposure Retail Opportunity Adjacent to Arizona State University
- Zoned PAD – City of Tempe, allowing for flexible commercial uses
- Freestanding 1,733 SF retail building situated on ±0.26 acres
- Heavily trafficked pedestrian and commuter location serving students, residents, and commuters
Executive Summary
• High-Exposure Retail Opportunity Adjacent to Arizona State University
• Heavily trafficked pedestrian and commuter location serving students, residents, and commuters
• Freestanding 1,733 SF retail building situated on ±0.26 acres
• Zoned PAD – City of Tempe, allowing for flexible commercial uses
• 14 on-site parking spaces
• Walk Score of 80 (Very Walkable) and Transit Score of 61, with easy access to the Valley Metro Light Rail
• Steps from Arizona State University and surrounded by high-density student housing
• Ideal for QSR, café, specialty retail, medical, or service-oriented uses
• Rare opportunity to acquire a standalone retail asset in a high-barrier-to-entry location near campus
• Heavily trafficked pedestrian and commuter location serving students, residents, and commuters
• Freestanding 1,733 SF retail building situated on ±0.26 acres
• Zoned PAD – City of Tempe, allowing for flexible commercial uses
• 14 on-site parking spaces
• Walk Score of 80 (Very Walkable) and Transit Score of 61, with easy access to the Valley Metro Light Rail
• Steps from Arizona State University and surrounded by high-density student housing
• Ideal for QSR, café, specialty retail, medical, or service-oriented uses
• Rare opportunity to acquire a standalone retail asset in a high-barrier-to-entry location near campus
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,733 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
PAD, Tempe - Planned Area Development
Parking
14 Spaces (9.33 Spaces per 1,000 SF Leased)
Frontage
45’ on Apache Blvd
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 133-10-122 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $131,341 |
Property Taxes
Parcel Number
133-10-122
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$131,341
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Baer's Den Bar & Grill | 925 E Apache Blvd
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