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Valley Fair 113 E Southern Ave 1,500 - 3,300 SF of Retail Space Available in Tempe, AZ 85282
Highlights
- Heavy traffic, great co-tenancy, a few miles south of ASU.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 1,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
9-121 E Southern Ave - 1st Floor
Former Nutrition Shop
9-121 E Southern Ave - 1st Floor
Second Generation Restaurant Space Hoods and Grease trap
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.
Select Tenants at Valley Fair
- Tenant
- Description
- US Locations
- Reach
- D'lite Healthy On Go
- Nutrition Center
- 1
- -
- Esporta
- Fitness
- 73
- National
- LA Fitness
- -
- -
- -
- Tempe Eats
- Restaurant
- 1
- Local
- Venezia's Pizza
- Pizza
- 5
- Local
| Tenant | Description | US Locations | Reach |
| D'lite Healthy On Go | Nutrition Center | 1 | - |
| Esporta | Fitness | 73 | National |
| LA Fitness | - | - | - |
| Tempe Eats | Restaurant | 1 | Local |
| Venezia's Pizza | Pizza | 5 | Local |
Property Facts
About the Property
Valley Fair is a ±100,862-square-foot lifestyle center anchored by LA Fitness. This LA Fitness is consistently ranked as either the #1 or #2 location by membership in the State of Arizona due to its close proximity to Arizona State University' s main campus (1.5 miles north on Mill Avenue) and its 51,984 students. Tempe High School is located 1 mile north on Broadway Road and has an enrollment of 1,672 students. McClintock High School is located 1.75 miles east off of McClintock Drive and has an enrollment of 1,853 students. he US 60 Freeway is located just a ½ mile south with a full-diamond interchange off Mill Avenue. Mill Avenue is one of the major arterials connecting south Tempe to Arizona State University and Highly sought after Tempe major employment. The center is surrounded by well-established, dense neighborhoods with over 155,000 people residing in a 3-mile radius and over 306,000 people within a 5-mile radius.
- Signalized Intersection
Nearby Major Retailers
Presented by
Valley Fair | 113 E Southern Ave
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