Available Retail Space Listings in Tempe, AZ

Search 62 retail listings in Tempe, AZ and find helpful local stats in the Market Overview section below.

Tempe Square Shopping Center

6408 South McClintock Drive, Bell de Mar Crossing, Tempe, AZ
Property

Retail

114,309 SF
Availability

2 Spaces

8,267 SF
Year Built

1976
For Lease

$24.00/SF/YR
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NWC Forest Ave & University Dr

NWC Forest Ave & University Dr, Hughes Acres, Tempe, AZ
Property

Retail

2,959 SF
Availability

1 Space

2,959 SF
For Lease Contact for pricing
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1840-1860 East Warner Road

1840-1860 East Warner Road, Sandahl, Tempe, AZ
Property

Retail

93,707 SF
Availability

1 Space

1,372 SF
For Lease Contact for pricing
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Shops at Tempe Marketplace

2010 E. Rio Salado Pkwy, Hughes Acres, Tempe, AZ
Property

Retail

376,404 SF
Availability

7 Spaces

22,717 SF
Year Built

2007
For Lease Contact for pricing
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1700-1730 East Elliot Road

1700-1730 East Elliot Road, Bell de Mar Crossing, Tempe, AZ
Property

Retail

89,415 SF
Availability

4 Spaces

10,631 SF
For Lease Contact for pricing
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West 6th

115 W 6th St, Hughes Acres, Tempe, AZ
Property

Retail

15,000 SF
Availability

1 Space

3,765 SF
Year Built

2011
For Lease Contact for pricing
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2707 W Southern Ave

2707 W Southern Ave, Wood Park, Tempe, AZ
Property

Office

104,215 SF
Availability

1 Space

9,300 SF
Year Built

1983
For Lease

$15.00/SF/YR
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7420-7530 S Rural Road

7420-7530 S Rural Road, Bell de Mar Crossing, Tempe, AZ
Property

Retail

32,400 SF
Availability

3 Spaces

7,470 SF
Year Built

1999
For Lease Contact for pricing
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Rural & Warner

8770 S Rural, Sandahl, Tempe, AZ
Property

Retail

27,000 SF
Availability

3 Spaces

22,500 SF
For Lease Contact for pricing
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Southwind Plaza

909 East Elliot Road, Sandahl, Tempe, AZ
Property

Retail

86,560 SF
Availability

13 Spaces

86,560 SF
Year Built

1986
For Lease Contact for pricing
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University Square

215 West University Drive, Peterson Park, Tempe, AZ
Property

Retail

38,652 SF
Availability

2 Spaces

2,994 SF
Year Built

1971
For Lease

$1.58/SF/MO
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Costco Plaza Center

1275 West Elliot Road, Sandahl, Tempe, AZ
Property

Retail

209,851 SF
Availability

1 Space

25,760 SF
Year Built

1990
For Lease Contact for pricing
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The Groves - 1020-1180 West Elliot Road

1050 West Elliot Road, Pepperwood, Tempe, AZ
Property

Retail

171,585 SF
Availability

2 Spaces

3,346 SF
Year Built

1995
For Lease Contact for pricing
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Arbor

310 S Mill Ave, Hughes Acres, Tempe, AZ
Property

Retail

4,586 SF
Availability

2 Spaces

5,967 SF
Year Built

2000
For Lease Contact for pricing
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Warner Ranch Plaza

9900 S Rural Rd, Warner Ranch, Tempe, AZ
Property

Retail

155,489 SF
Availability

3 Spaces

4,079 SF
Year Built

1994
For Lease Contact for pricing
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College Park Center

5150 South Rural Road, Tempe Gardens, Tempe, AZ
Property

Retail

62,285 SF
Availability

6 Spaces

41,275 SF
Year Built

1974
For Lease Contact for pricing
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904 North Scottsdale Road

904 North Scottsdale Road, Rio, Tempe, AZ
Property

Retail

8,406 SF
Availability

2 Spaces

5,640 SF
For Lease Contact for pricing
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Ahwatukee Square

NWC 48th St & Warner Rd, Ahwatukee Foothills, Phoenix, AZ
Property

Retail

40,984 SF
Availability

1 Space

1,076 SF
Year Built

1995
For Lease Contact for pricing
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The Watermark - 430 North Scottsdale Road

430 North Scottsdale Road, Hughes Acres, Tempe, AZ
Property

Retail

25,565 SF
Availability

1 Space

13,707 SF
Year Built

2019
For Lease Contact for pricing
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1424 West Baseline Road

1424 West Baseline Road, Wood Park, Tempe, AZ
Property

Retail

13,813 SF
Availability

1 Space

13,813 SF
For Lease

$26.00/SF/YR
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Retail Space Rents in Tempe, AZ

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Tempe asks $20.19 per square foot.

Retail Space Lease Types in Tempe, AZ

The most common type of lease agreement you’ll find here is NNN, with 18 space(s) available under this type of arrangement. The local market is also home to 4 retail space(s) offered under a Full Service lease agreement type, and 2 Modified Gross listing(s).

Most Common Type of Lease for Retail Buildings in Tempe, AZ

NNN 18
Full Service 4
Modified Gross 2

Average Size of Retail Space for Lease in Tempe, AZ

The average size for this type of rental opportunity in Tempe is 1,000 sqft to 2,500 sqft. Currently, the local market offers 64 listing(s) within that size range. You can also search 37 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Tempe, AZ

Retail space in Tempe comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 5 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 4,609 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

The local market is also home to 2 space(s) listed as Freestanding. The average size you can expect to find for this category is 10,157 square feet. Freestanding retail spaces or buildings are a great choice for businesses that need more room to carry out their day-to-day operations and want to stand out. Being located on their own lot and generally featuring more generous showroom and storage space than other such space types, freestanding retail offers tenants the leeway to build the experience they want.

What’s more, you can find 1 listing(s) in the Street Retail category, currently available in the average size of 4,799 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

Number of Retail Spaces for Lease in Tempe, AZ, by Use Type

Restaurant

5

Freestanding

2

Street Retail

1

Average Retail Listing Size in Tempe, AZ, by Use Type

Restaurant

4,609 sq. ft.

Freestanding

10,157 sq. ft.

Street Retail

4,799 sq. ft.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Tempe, AZ

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

Hughes Acres is your top choice for lease opportunities, as it is currently home to the highest number of listings — 47 retail space(s). The most popular space type here is Restaurant. You can find 3 such listing(s) here.

Tempe’s second most popular area is Sandahl, where you can find 24 retail listing(s). The most likely type of space you can rent here is Freestanding. If this is the kind of property you are looking for, you will find 1 listing(s) available here.

Peterson Park is also among the best areas to search for your next commercial space. Here you can find 14 retail space(s) available for consideration by prospective tenants.

Top Locations to Lease Retail Space in Tempe, AZ

Hughes Acres

47

Sandahl

24

Peterson Park

14

Bell de Mar Crossing

12

Rio

11

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

How much space do you think you will need? A smaller, more specialized business may find a mall space to be more than accommodating, but if you’re looking to set up a business like a diner, car wash, or furniture store, a freestanding space or big box retail space in a shopping center may be more appropriate.

Data based on retail spaces listed for rent on CommercialSearch.com

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