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Park Place Retail 1135 E Apache Blvd
1,248 - 4,355 SF of Retail Space Available in Tempe, AZ 85281
Highlights
- Less than a Quarter Mile from Arizona State University with 111,000 Students
- Outdoor Patio Available
- High Foot Traffic
- Street Front Retail Below New Luxury Apartments
- High Residential Density
- Close to Apache and Dorsey Ln Light Rail Station
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 1,248 SF | 3 Years | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $2,600 /MO $31,200 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 1,249 SF | 3-10 Years | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $2,602 /MO $31,225 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 6 | 1,858 SF | 3-10 Years | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $3,871 /MO $46,450 /YR | Triple Net (NNN) |
1st Floor, Ste 1
Great opportunity to lease street front Retail Space at the ground floor of luxury apartments. This is a brand new, luxury, mixed use development, call for additional space details.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
1st Floor, Ste 3
This is a great retail opportunity sporting 1,249 SF of space on the 1st floor of this multifamily property with neighboring tenants such as Hot Worx Yoga, Ziggy's Coffee, Arizona Pizza Gang, and more. Call for additional details & inquiries.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air Conditioning
1st Floor, Ste 6
Great opportunity to lease street front Retail Space at the ground floor of luxury apartments. This is a brand new, luxury, mixed use development, call for additional space details.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air Conditioning
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 1135 E Apache Blvd , Tempe, AZ 85281
| Property Type | Retail | Gross Leasable Area | 9,073 SF |
| Property Subtype | Retail | Year Built | 2020 |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 9,073 SF |
| Year Built | 2020 |
About the Property
Great opportunity to lease street front Retail Space at the ground floor of luxury apartments. This is a brand new, luxury, mixed use development. Just located within walking distance of Arizona State University. The University is one of the largest in the country, boasting an approximate population 113,000 students and growing. This development is located at the nearest light rail stop from Arizona States’ campus. The available Retail Space can be divided according to your design and needs. Outdoor patio space/use available adjacent to entire retail front. Grease trap and commercial venting available. This build to suit space will be a state of the art amenity that will have no shortage of traffic from the residences that surround this property for miles.
- Air Conditioning
Nearby Major Retailers
-
Don Mortensen -
LRA Real Estate Group LLC
Presented by
Park Place Retail | 1135 E Apache Blvd
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