Tempe Retail Trades at High Price per SF of $511

TEMPE, ARIZONA – Situated on the northeast corner of McClintock Drive and Apache Boulevard, the 1,400-square-foot, freestanding building closed for $715,000, or $511 per square-foot. 1800 East Apache Boulevard sits on approximately 0.39 acres of land and there is redevelopment potential using the existing CSS zoning. Sitting adjacent to a light rail stop makes for easy transportation to and from Tempe Marketplace, Arizona State University’s Campus, and other Tempe amenities. The site is approximately one mile from Loop 101 and Loop 202 freeways.

Nick Miner, CCIM of ORION Investment Real Estate exclusively represented the Seller, Irving O Kozinets and Esther S Kozinets Revocable Trust. Miner said, “