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Centerpoint on Mill 640-740 S Mill Ave
4,554 - 18,159 SF of Retail Space Available in Tempe, AZ 85281
Highlights
- 37,843 Cars Per Day on University Ave. 31,451 Cars Per Day on Mill Ave.
- $52,044 median household income
- 344,039 total population within 5 miles
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 8,015 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 110 | 4,554 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 120 | 5,590 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
740 S Mill Ave - 1st Floor - Ste 100
Rare ±8,015 sf fully Restaurant with large outdoor patio available on Mill Avenue in the heart of downtown Tempe.
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Kitchen
640 S Mill Ave - 1st Floor - Ste 110
Space also comes with 3,754 SF patio.
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Kitchen
640 S Mill Ave - 1st Floor - Ste 120
Rare ±5,590 sf fully built-out Restaurant with large outdoor patio available on Mill Avenue in the heart of downtown Tempe.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Kitchen
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.
PROPERTY FACTS FOR 640-740 S Mill Ave , Tempe, AZ 85281
| Center Type | Neighborhood Center | Gross Leasable Area | 126,901 SF |
| Parking | 1,317 Spaces | Total Land Area | 13.45 AC |
| Stores | 2 | Year Built | 1997 |
| Center Properties | 7 | Cross Streets | NWC Mill Ave & University Dr |
| Center Type | Neighborhood Center |
| Parking | 1,317 Spaces |
| Stores | 2 |
| Center Properties | 7 |
| Gross Leasable Area | 126,901 SF |
| Total Land Area | 13.45 AC |
| Year Built | 1997 |
| Cross Streets | NWC Mill Ave & University Dr |
About the Property
Rare built-out Restaurants located on iconic Mill Avenue, this prime location puts your restaurant at the center of the action, ensuring high visibility and foot traffic from locals and visitors alike. With its proximity to Arizona State University and bustling entertainment venues, the area offers a thriving dining scene and a built-in customer base ready to discover your culinary offerings. Whether you’re an established restaurateur looking to expand your footprint or a passionate chef ready to make your mark, this turnkey restaurant space presents an unparalleled opportunity to establish your presence in one of Tempe’s most sought-after destinations.
Nearby Major Retailers
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LeDonna Spongberg -
Nicholas Ault -
Lexi Khoudary -
EDGE Realty Partners
Presented by
Centerpoint on Mill | 640-740 S Mill Ave
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