FOR LEASE | RESTAURANT SPACE The Motley 1221 E Apache Blvd | Tempe, AZ 85281 Don Mortensen Principal, Associate Broker | 602.451.3684 | [email protected] PRESENTED BY:
FOR LEASE | RESTAURANT SPACE
The Motley1221 E Apache Blvd | Tempe, AZ 85281
Don Mortensen Principal, Associate Broker | 602.451.3684 | [email protected]
PRESENTED BY:
602.451.3684 / [email protected]
DON MORTENSENwww.acorn-group.net
Presented by:
Principal, Associate BrokerT [email protected]
DON MORTENSEN
www.lrarealestate.com
PROPERTY OVERVIEWThe Motley: Great opportunity to lease street front Retail Space at the ground floor of The Motley. The Motley isa brand new, luxury, mixed use development by Lennar. This mixed use project consist of 399 upscaleapartment units planned to be delivered in the First Quarter of 2017.Arizona State University: The Motely is located within walking distance of Arizona State University. TheUniversity is one of the largest in the country, boasting an approximate population 84,000 students andgrowing.
Light Rail: The Motley is located at the Terrace and Apache light rail station. It is ONE stop from Arizona States’campus. The Phoenix Metro Light Rail has an average ridership of 43,543 per day.
The Retail Space: The available 3,000 SF Retail Space can be divided according to your design and needs. TheMotley provides ample, convenient parking for its retail tenants. This build to suit restaurant space will be a stateof the art amenity that will have no shortage of traffic from the residences at the Motley, Light Rail ridership, andit close proximity to ASU.
Contact LRA Real Estate Group to discuss the benefits and incentives for opening your retail business at theMotley
PROPERTY HIGHLIGHTS
• Walking distance to Arizona State University
• High Foot Traffic
• Build to Suit
• Luxury Development
• Ground Floor Retail of 399 Unit Apartment Complex
• Frontage on Apache
• Adjacent to Light Rail Station
• Ample Parking
PROPERTY SUMMARY
Available SF: 1,200 - 3,000 SF
Lease Rate: $19.50 SF/yr (NNN)
Lot Size: 3.44 Acres
Building Size: 3,000 SF
Year Built: 2016
Zoning: C-G
Cross Streets: Apache & Terrace
Traffic Count: 16,185
1221 E Apache BlvdFOR LEASE | RETAIL
1221 E Apache Blvd | Tempe, AZ 85281
Principal, Associate BrokerT [email protected]
DON MORTENSEN
www.lrarealestate.com
Street Retail - High VisibilityFOR LEASE | RETAIL
Steady Supply of Customers from ASU, Light Rail Station & Residence at The Motley
Principal, Associate BrokerT [email protected]
DON MORTENSEN
www.lrarealestate.com
Existing Tenant - Press CoffeeFOR LEASE | RETAIL
Locate your business next door to the award winning Press Coffee
Principal, Associate BrokerT [email protected]
DON MORTENSEN
www.lrarealestate.com
Easy Access ParkingFOR LEASE | RETAIL
Ample Parking Spaces
Principal, Associate BrokerT [email protected]
DON MORTENSEN
www.lrarealestate.com
Overview Of CourtyardsFOR LEASE | RETAIL
The Motley Includes High End Amenities
Principal, Associate BrokerT [email protected]
DON MORTENSEN
www.lrarealestate.com
Places Of Interest MapFOR LEASE | RETAIL
1221 E Apache Blvd | Tempe, AZ 85281
1221 E Apache BlvdFOR LEASE | RETAIL
1221 E Apache Blvd | Tempe, AZ 85281
Principal, Associate BrokerT [email protected]
DON MORTENSEN
www.lrarealestate.com
1221 E Apache BlvdFOR LEASE | RETAIL
1221 E Apache Blvd | Tempe, AZ 85281
Principal, Associate BrokerT [email protected]
DON MORTENSEN
www.lrarealestate.com
* Demographic data derived from 2010 US Census
1 Mile 2 Miles 3 Miles
Total Population 25,304 67,168 132,750
Population Density 8,055 5,345 4,695
Median Age 24.7 25.8 28.3
Median Age (Male) 25.1 26.0 28.0
Median Age (Female) 24.2 25.6 28.4
Total Households 10,234 24,349 51,473
# of Persons Per HH 2.5 2.8 2.6
Average HH Income $39,897 $49,668 $52,723
Average House Value $225,369 $234,428 $238,005