Map of Property

425 S Mill Ave

For Lease

425 S Mill Ave, Tempe, AZ 85281

You can currently find 1 retail space(s) available for lease at 425 S Mill Ave. Designated use type for space listed here includes retail. Current retail listings at this property total 5,028 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 425 S Mill Ave.

Space Available For Lease 1

Contacts

broker
Alberto Caballero

Western Retail Advisors

Property Details

  • Property Type Retail - Street Retail
  • Property Size 28,436 SF
  • Lot Size 0.28 Acre
  • Building Class C
  • Year Built 1979
  • Date Updated Jul 7, 2025
Located at the NEC of Mill Avenue & 5th Street in the vibrant heart of Downtown Tempe. This high-visibility storefront benefits from exceptional foot traffic along Mill Avenue, which sees more than 30,000 pedestrians per day. The space is steps from Arizona State University’s Tempe campus, home to over 53,000 students. Ideal for retail, restaurant, or service users looking to capitalize on one of the Valley’s most iconic urban corridors.Located at the NEC of Mill Avenue & 5th Street, 425 S Mill Ave offers a premier retail opportunity in the vibrant heart of Downtown Tempe. This high-visibility storefront benefits from exceptional foot traffic along Mill Avenue, which sees more than 30,000 pedestrians per day. The space is steps from Arizona State University’s Tempe campus, home to over 53,000 students, and surrounded by a dense daytime population supported by nearby office, residential, and hospitality developments. Ideal for retail, restaurant, or service users looking to capitalize on one of the Valley’s most iconic urban corridors.
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Highlights

  • Flexible floor plan ideal for retail, restaurant, or service users
  • Iconic storefront in one of the Valley’s most vibrant urban corridors
  • Over 30,000 pedestrians per day along Mill Avenue
  • Steps from ASU’s Tempe campus with more than 53,000 students

Getting around

  • 91/100

    Walk Score ®

  • 70/100

    Transit Score ®

  • 95/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tempe, AZ
  • Neighborhood Hughes Acres
  • Zip Code 85281
  • Market Phoenix

Points of Interest

  • 6th St / Mill Ave

    0.06 miles

  • Mill Ave/ 3rd St

    0.14 miles

  • 3rd St / Mill Ave

    0.15 miles

  • Veterans Way/ College Ave

    0.22 miles

  • 5th St / Ash Ave

    0.22 miles

  • 3rd St / Ash Ave

    0.23 miles

  • Tempe Beach Park / Rio Salado Pkwy

    0.28 miles

  • University Dr / Ash Ave

    0.29 miles

  • Hayden Ferry / Rio Salado Pkwy

    0.31 miles

  • 9th St / Mill Ave

    0.33 miles

  • chargepoint

    0.78 miles

  • Wallbox

    0.81 miles

  • ChargePoint

    0.84 miles

  • Chevron

    0.84 miles

  • Watermark Visitor Parking

    0.92 miles

  • Tesla Destination Charger

    1.08 miles

  • Circle K

    1.23 miles

  • QuikTrip

    1.59 miles

  • Shell

    1.76 miles

  • Blink

    2.15 miles

  • City Hall Visitor's Parking

    0.05 miles

  • University Towers Parking Structure

    0.21 miles

  • Centerpoint

    0.24 miles

  • CVS Parking Lot

    0.32 miles

  • Hayden Ferry Lakeside Parking Garage

    0.35 miles

  • Fulton Center Parking Structure

    0.36 miles

  • 10th St. Parking Structure

    0.40 miles

  • Stadium Parking Structure

    0.41 miles

  • Lot 59

    0.51 miles

  • Packard South Parking Structure

    0.62 miles

  • The Lone Beast

    0.01 miles

  • Taco Bell

    0.02 miles

  • Hooters

    0.03 miles

  • Fatburger

    0.03 miles

  • Delicious Factory

    0.03 miles

  • Hippies Cove

    0.04 miles

  • Med Fresh Grill

    0.04 miles

  • 414 Pub & Pizza

    0.04 miles

  • Vintage Bar & Grill

    0.05 miles

  • Pho Thang Long Vietnamese Cuisine

    0.05 miles

  • 5th Street Deli and Market

    0.16 miles

  • Whole Foods Market

    0.31 miles

  • Trader Joe's

    0.89 miles

  • Bharat Bazaar

    0.91 miles

  • P.O.D. Warehouse

    0.99 miles

  • Safeway

    1.43 miles

  • Food City

    1.56 miles

  • Ross

    1.84 miles

  • Marshalls

    1.90 miles

  • Target

    1.98 miles

425 S Mill Ave Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    425 S Mill Ave is located in Hughes Acres, which is home to a total of 35 listing(s). The rent for retail space at 425 S Mill Ave is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.

  • The property includes 5,028 square feet of retail space for lease. Of this total, 5,028 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Hughes Acres is 28. The average household income here is $69,084 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Alberto Caballero

Western Retail Advisors

  1. 1Main information
  2. 2Extra information
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