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The Groves 1380 W Elliot Rd
1,386 - 20,419 SF of Retail Space Available in Tempe, AZ 85284
Highlights
- Dense infill trade area with over 117,000 residents within a 3 mile radius
- Full diamond interchange at I-10/Elliot sits just 1/4 mile to the West
- A large welcome to "Five Below" as The Groves latest addition to the center
- 76,000+ vehicles pass the property each day
- At Home Now Open!
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 17,233 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 107 | 1,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 1180 | 1,386 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1110-1320 W Elliot Rd - 1st Floor - Ste 101
Mattress RX plans to vacant the property at the end of their current term, the space was originally fitted for Beall's Outlet Store. The building is equipped with a loading dock at the rear of the space.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
1110-1320 W Elliot Rd - 1st Floor - Ste 107
- Located in-line with other retail
- Space is in Excellent Condition
1110-1320 W Elliot Rd - 1st Floor - Ste 1180
Last occupied by Sally's Beauty, the suite is positioned directly adjacent to PetSmart and additional anchors such as Ross Dress For Less and fIVE BELoW within The Groves Shopping Center. The suite will become available January 1, 2023 following the move by Sally's.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Drop Ceilings
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT The Groves
- Tenant
- Description
- US Locations
- Reach
- At Home
- Home Accessories
- 327
- National
- Bob's Discount Furniture
- Retailer
- -
- -
- PetSmart, Inc.
- Retailer
- -
- -
- Ross Dress For Less
- Other Retail
- 2,233
- International
- Staples
- Retailer
- -
- -
- Walmart
- Dept Store
- 5,441
- International
| Tenant | Description | US Locations | Reach |
| At Home | Home Accessories | 327 | National |
| Bob's Discount Furniture | Retailer | - | - |
| PetSmart, Inc. | Retailer | - | - |
| Ross Dress For Less | Other Retail | 2,233 | International |
| Staples | Retailer | - | - |
| Walmart | Dept Store | 5,441 | International |
PROPERTY FACTS FOR 1380 W Elliot Rd , Tempe, AZ 85284
| Center Type | Power Center | Frontage | |
| Parking | 1,668 Spaces | Gross Leasable Area | 508,094 SF |
| Stores | 32 | Total Land Area | 49.83 AC |
| Center Properties | 7 | Year Built | 1990 |
| Center Type | Power Center |
| Parking | 1,668 Spaces |
| Stores | 32 |
| Center Properties | 7 |
| Frontage | |
| Gross Leasable Area | 508,094 SF |
| Total Land Area | 49.83 AC |
| Year Built | 1990 |
About the Property
In the shadow of a busy Walmart, The Groves Shopping Center consists of 169,606 SF and is currently 100% leased. 99% of the gross leasable area (GLA) is comprised of national tenants such as Bob's Discount Furniture, Ross Dress For Less, PetSmart, At Home, Dollar Tree, Five Below, Staples as well as numerous specialty retail tenants. The Groves offers exceptional frontage and visibility. The property is located on a heavily-trafficked Elliot Road with approximately 52,000 vehicles passing the property each day. Another 24,000 pass daily along Priest Drive. The Property sits amongst ideal demographics for this daily-needs shopping center. An estimated population of 117,946 earning an average household income of $93,452 reside within a three-mile radius of the Property.
- Air Conditioning
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Monument Signage
Nearby Major Retailers
Presented by
The Groves | 1380 W Elliot Rd
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