TEMPE
DEVELOPMENT OPPORTUNITY
1911 E APACHE BOULEVARD TEMPE, AZ 85281
Paul Alessio
Urban Luxe Real Estate 480.205.8022
[email protected]
FOR SALE
SITE
Aaron Norwood Partner
480.294.6016
[email protected]
E AP
ACHE BOULEV
ARD S MCCLINTOCK DRIVE
E APACHE BOULEVARD
SITE
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate.
Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
PROPERTY HIGHLIGHTS OFFERING
DETAILS
SALE PRICE Call for details
TOTAL SIZE ±0.69 Acres (30,016 SF) PARCEL NUMBER 133-03-016
ZONING CSS, City of Tempe
• Potential joint venture or land lease
• Great for 1031 exchange
• Great development opportunity with potential for multiple units or mixed-use
• Infill for new Tempe development projects
• Light Rail along Apache Boulevard
SOMEWHAT WALKABLE Some errands can be accomplished on foot.
GOOD TRANSIT Many nearby public transportation options VERY BIKEABLE
Biking is convenient for most trips.
WALK SCORE
TRANSIT SCORE
SCOREBIKE
65 54
77
ARCHITECT RENDERING
1911 East Apache Blvd.
Tempe, AZ
Site Plan / Study
Apa che Bl vd.
Existing Mini- Storage Site
Existing Hotel Site
300’
100’
100’
Site : 30,056 SF = .68 acres Units – Mix: Studio, 1 and 2 bed -Ground Floor 7
-2nd and 3rd 20 Parking at Grade – 33+
27 units = 39 Units per Acre
SITE POTENTIAL
SITE
AERIAL OVERVIEW
37,413 VPD
31,728 VPD
14,789 VPD
E UNIVERSITY DRIVE
S MCCLINTOCK DRIVE
ARBOUR PARKAPARTMENTS
E APACHE BOULEVARD
LIGHT RAIL:
APACHE BLVD &
MCCLINTOCK DR
APACHE THE INN
CULDESAC TEMPE: ESTIMATED 2022
ASU HOCKEY RINK &
MULTI-PURPOSE ARENA ESTIMATED FALL/WINTER 2022
POPULATION
1 MILE 3 MILES 5 MILES
2021 28,380 163,126 389,827
2026 30,958 175,466 418,428
HOUSEHOLDS
1 MILE 3 MILES 5 MILES
2021 12,219 66,972 155,964
HH GROWTH
2021-2026: 1.7% 1.5% 1.4%
AVERAGE HOUSEHOLD INCOME
1 MILE 3 MILES 5 MILES
2021 $48,990 $64,252 $69,966
W atson R d
GOODYEAR
Baseline Rd Broadway Rd
M iller R d Rainbo w Valley R d D ean R d
Phoenix Goodyear Airport
JackRabbit Rd
Yuma Rd
BUCKEYE
Cott on Ln
TOLLESON Buckeye Rd
AHWATUKEE
Baseline Rd
Phoenix Sky Harbor Intl Camelback Rd
McDowell Rd
Olive Ave
PARADISE VALLEY GLENDALE
PEORIA
LITCHFIELD PARK
CHANDLER
MESA TEMPE
GILBERT FOUNTAIN
HILLS SUPRISE
CITY SUN CITY SUN
WEST
EL MIRAGE
SCOTTSDALE
Elliot Rd Warner Rd Ray Rd Chandler Blvd Broadway Rd
Lower Buckeye Rd
Guadalupe Rd
Po w er R d
Rur al R d A riz ona A ve M cQ ueen R d
Cooper R
d
M ill A ve
Priest DrUniversity Dr
Broadway Rd McDowell Rd
Val Vista Dr Gr eenfield Dr
McDowell Rd McDonald Dr Indian Bend Rd Lincoln Dr
24th S
t 44th S t Ha yden R
d
Sc ottsdale R
d Shea Blvd
7th S t Cen tr al A ve D obson R d
7th A ve
Bell Rd
Greenway Rd
Ca ve C reek R d
Bell Rd
Thunderbird Rd
Grand Ave
43r d A ve
83r d A ve 59th A ve
Waddell Rd Olive Ave Bell Rd
Camelback Rd Glendale Ave Northern Ave
Reems R d Lit chfield R d
Luke AFB
El M irage R d
W. Happy Valley Rd W. Happy Valley Rd
W. Deer Valley Rd W. Deer Valley Rd
E. Carefree Hwy.
Cave C reek R
d
E. Pinnacle Peak Rd E Pinnacle Peak Rd
N P ima R d
CAREFREE
N. Lake P leasan
t Pkwy
McDowell Rd
SITE
DEMOGRAPHICS
This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.
ACTIVITIES AND ENTERTAINMENT
Arizona State University may be Tempe’s claim to fame, however there’s much more to this vibrant city just south of Phoenix. Discover Downtown Tempe, home to over 100 hip shops, modern eateries, lively nightclubs and Tempe Town Lake. Surrounded by condos, business complexes, an artistic pedestrian bridge and popular parks. With a sprawling 1.3 million square feet of retail space, restaurants and more than 300 events a year, Tempe Marketplace is the ultimate destination for Valley natives and out-of-town visitors. Tempe’s energetic and young atmosphere makes it the perfect place to visit or enjoy a night out.
EDUCATION
With a campus size of 664 acres, Arizona State University consumes a majority of Tempe. Founded in 1885, ASU has one of the largest undergraduate populations in the nation, offering students more than 300 academic programs to pick from and over 500 clubs and organizations to check out. The energetic environment of the campus comprises wide pedestrian malls and eclectic architecture set amid subtropical landscaping, captivating over 50,000 students a semester.
DIVERSIFIED LOCAL ECONOMY
Compared to other places Tempe has an unusually high number of Finance and Insurance, Educational Services, and Arts, Entertainment, and Recreation industries. Arizona State University has roughly 22,000 employees
contributing to the high education service employment in Tempe. The updated office spaces, and over a hundred dining options within walking distance, makes Tempe a desirable place to work.