lease brochure (l) - loopnet...year built: 2016 zoning: c-g cross streets: apache & terrace...

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


DON MORTENSEN


Street Retail - High VisibilityFOR LEASE | RETAIL

Steady Supply of Customers from ASU, Light Rail Station & Residence at The Motley


DON MORTENSEN


Existing Tenant - Press CoffeeFOR LEASE | RETAIL

Locate your business next door to the award winning Press Coffee


DON MORTENSEN


Easy Access ParkingFOR LEASE | RETAIL

Ample Parking Spaces


DON MORTENSEN


Overview Of CourtyardsFOR LEASE | RETAIL

The Motley Includes High End Amenities


DON MORTENSEN


Places Of Interest MapFOR LEASE | RETAIL





DON MORTENSEN





DON MORTENSEN


* 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

lease brochure (l) - loopnet...year built: 2016 zoning: c-g cross streets: apache & terrace...

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