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Mill Plaza 3116-3232 S Mill Ave
1,653 - 6,550 SF of Retail Space Available in Tempe, AZ 85282
Highlights
- Situated in the newly remodeled, Fry's center, this property experiences high daytime work and residential traffic.
- Located within close proximity to ASU's main campus and a workforce population of 240,000 employees within a few miles.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3214 | 1,653 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 3224-28 | 4,897 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
3116-3232 S Mill Ave - 1st Floor - Ste 3214
Located in the heart of Tempe, this newly remodeled Fry’s center, which includes a newly constructed Fry’s Fuel, boasts a very good mix of both residential and daytime work traffic. With 50,000 students at ASU’s main campus just two miles to the north and the dense workforce population of 300,000 people within five miles, this dominant valley grocer does strong business out of this location. Traffic counts at the intersection are high with an average of over 60,000 cars traveling north and southbound daily.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Smoke Detector
- Wheelchair Accessible
3116-3232 S Mill Ave - 1st Floor - Ste 3224-28
Located in the heart of Tempe, this newly remodeled Fry’s center, which includes a newly constructed Fry’s Fuel, boasts a very good mix of both residential and daytime work traffic. With 50,000 students at ASU’s main campus just two miles to the north and the dense workforce population of 300,000 people within five miles, this dominant valley grocer does strong business out of this location. Traffic counts at the intersection are high with an average of over 60,000 cars traveling north and southbound daily.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Smoke Detector
- Wheelchair Accessible
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.
PROPERTY FACTS FOR 3116-3232 S Mill Ave , Tempe, AZ 85282
| Center Type | Neighborhood Center | Gross Leasable Area | 91,157 SF |
| Parking | 675 Spaces | Total Land Area | 10.24 AC |
| Stores | 17 | Year Built | 1976 |
| Center Properties | 2 | Cross Streets | Southern Ave E |
| Frontage |
| Center Type | Neighborhood Center |
| Parking | 675 Spaces |
| Stores | 17 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 91,157 SF |
| Total Land Area | 10.24 AC |
| Year Built | 1976 |
| Cross Streets | Southern Ave E |
About the Property
Available retail shops located in a Fry's anchored grocery center. The largest avialable suite that is situated by Fry's was a former Cici's Pizza-- has strong potential for another restaurant user. Located less than 1.5 miles from the Arizona State University
- Signalized Intersection
Nearby Major Retailers
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Power Broker Nick DeDona -
Power Broker Greg Laing -
Dillon Young -
Phoenix Commercial Advisors
Presented by
Mill Plaza | 3116-3232 S Mill Ave
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