Former Circle K - Re-Tenant / Redevelopment Opportunity
Less Than 1 Mile from Arizona State University & Downtown Tempe
Marketing description
Marcus and Millichap is pleased to present for sale a convenience store with exceptional visibility and accessibility in a thriving submarket. The property features a 2,555 square-foot building situated on a 14,300 square-foot parcel.
Strategically positioned near Downtown Tempe and Arizona State University, the site is adjacent to one of the area’s largest industrial parks. The daytime population within one mile of the subject property is over 56,000 people. Situated on a hard corner, this location sees more than 47,000 vehicles passing through the intersection daily. This location presents an ideal opportunity to buy in the heart of Tempe due to its presence at a high-traffic intersection and surrounding mix of retail, residential, institutional, and industrial developments.
Investment highlights
Former Circle K Convenience Store Available Near Downtown Tempe / ASU
Hard Corner Location, Accessible by Over 47,000 Cars per Day at the Intersection of West University Drive and South Hardy Drive
Direct Access to Arizona State University via West University Drive (±55,500 Students Enrolled) - ASU is the Top Employer and Primary Economic Engine in Tempe
Situated in a Dense Residential and Commercial Corridor - Daytime Population Exceeds 56,000 People within a 1-Mile Radius
Easy Freeway Access, Less Than 2 Miles from 2 Major Freeway Systems (Loop 202 and Interstate 10)
Situated 3 Miles East of Phoenix Sky Harbor International Airport
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