Map of Property

425 S Mill Ave

425 S Mill Ave, Tempe, AZ 85281

  • For Lease Contact for pricing
  • Property Type Retail - Street Retail
  • Property Size 28,436 SF
  • Lot Size 0.28 Acre
  • Building Class C
  • Year Built 1979
  • Date Updated Jul 7, 2025
Located at the NEC of Mill Avenue & 5th Street in the vibrant heart of Downtown Tempe. This high-visibility storefront benefits from exceptional foot traffic along Mill Avenue, which sees more than 30,000 pedestrians per day. The space is steps from Arizona State University’s Tempe campus, home to over 53,000 students. Ideal for retail, restaurant, or service users looking to capitalize on one of the Valley’s most iconic urban corridors.Located at the NEC of Mill Avenue & 5th Street, 425 S Mill Ave offers a premier retail opportunity in the vibrant heart of Downtown Tempe. This high-visibility storefront benefits from exceptional foot traffic along Mill Avenue, which sees more than 30,000 pedestrians per day. The space is steps from Arizona State University’s Tempe campus, home to over 53,000 students, and surrounded by a dense daytime population supported by nearby office, residential, and hospitality developments. Ideal for retail, restaurant, or service users looking to capitalize on one of the Valley’s most iconic urban corridors.
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Highlights

  • Flexible floor plan ideal for retail, restaurant, or service users
  • Iconic storefront in one of the Valley’s most vibrant urban corridors
  • Over 30,000 pedestrians per day along Mill Avenue
  • Steps from ASU’s Tempe campus with more than 53,000 students

Spaces Available

Contacts

broker
Alberto Caballero

Western Retail Advisors

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise

  • Transit Score ®

    70/100 Excellent Transit

  • Bike Score ®

    95/100 Biker's Paradise
Powered by Walk Score ®
  • City Tempe, AZ
  • Neighborhood Hughes Acres
  • Zip Code 85281
  • Market Phoenix

Points of Interest

  • 6th St / Mill Ave

    0.06 miles

  • Mill Ave/ 3rd St

    0.14 miles

  • 3rd St / Mill Ave

    0.15 miles

  • Veterans Way/ College Ave

    0.22 miles

  • 5th St / Ash Ave

    0.22 miles

  • 3rd St / Ash Ave

    0.23 miles

  • Tempe Beach Park / Rio Salado Pkwy

    0.28 miles

  • University Dr / Ash Ave

    0.29 miles

  • Hayden Ferry / Rio Salado Pkwy

    0.31 miles

  • 9th St / Mill Ave

    0.33 miles

  • chargepoint

    0.78 miles

  • Wallbox

    0.81 miles

  • ChargePoint

    0.84 miles

  • Chevron

    0.84 miles

  • Watermark Visitor Parking

    0.92 miles

  • Tesla Destination Charger

    1.08 miles

  • Circle K

    1.23 miles

  • QuikTrip

    1.59 miles

  • Shell

    1.76 miles

  • Blink

    2.15 miles

  • City Hall Visitor's Parking

    0.05 miles

  • University Towers Parking Structure

    0.21 miles

  • Centerpoint

    0.24 miles

  • CVS Parking Lot

    0.32 miles

  • Hayden Ferry Lakeside Parking Garage

    0.35 miles

  • Fulton Center Parking Structure

    0.36 miles

  • 10th St. Parking Structure

    0.40 miles

  • Stadium Parking Structure

    0.41 miles

  • Lot 59

    0.51 miles

  • Packard South Parking Structure

    0.62 miles

  • The Lone Beast

    0.01 miles

  • Taco Bell

    0.02 miles

  • Hooters

    0.03 miles

  • Fatburger

    0.03 miles

  • Delicious Factory

    0.03 miles

  • Hippies Cove

    0.04 miles

  • Med Fresh Grill

    0.04 miles

  • 414 Pub & Pizza

    0.04 miles

  • Vintage Bar & Grill

    0.05 miles

  • Pho Thang Long Vietnamese Cuisine

    0.05 miles

  • 5th Street Deli and Market

    0.16 miles

  • Whole Foods Market

    0.31 miles

  • Trader Joe's

    0.89 miles

  • Bharat Bazaar

    0.91 miles

  • P.O.D. Warehouse

    0.99 miles

  • Safeway

    1.43 miles

  • Food City

    1.56 miles

  • Ross

    1.84 miles

  • Marshalls

    1.90 miles

  • Target

    1.98 miles

Frequently Asked Questions

How much does retail space at 425 S Mill Ave cost?

The price for retail space for lease at 425 S Mill Ave is available upon request. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 425 S Mill Ave?

The property has 5,028 square feet of rentable Retail space. Rental opportunities here are available under NNN lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 425 S Mill Ave?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 425 S Mill Ave. For your consideration, you can find 8 parking option(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 425 S Mill Ave.

Is 425 S Mill Ave located in a popular area for retail businesses?

The property is part of Hughes Acres, which is home to 35 other retail listings.

Other popular areas for retail businesses in Phoenix include Hughes Acres, Peterson Park, Bell de Mar Crossing.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Alberto Caballero

Western Retail Advisors

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