Description
Location: E of NEC Apache Blvd. and McClintock Drive, Tempe, Arizona
APN: 132-66-055B
Building Sizes: +/- 3,020 sf – Tempe Tavern and +/- 1,764 sf – Vacant Book Store
Lot Size: 24,075 SF
Zoning: CSS – Community Shopping & Service (City of Tempe)
Price: $1,350,000 or $282/SF
The property is located on Apache Blvd. with light rail frontage with close proximity to ASU. Tempe Tavern is paying $3,487 per month on a NNN lease (Lease expires 6-30-2025). Book store is currently vacant. Rare opportunity in the area. Seller is selling the property “AS IS.” City will support retail uses and possible redevelopment to multifamily with neighboring parcels.
Closed for $1,250,000 on 4/5/24.
Documents
Property Id : 23068
Price: $ 1,250,000
