Apache Central Center is a dynamic grocery anchored retail shopping center located on highly traveled Apache Boulevard between McClintock and Rural Road in Tempe, Arizona. This retail center faces the Metro Light Rail System which has an estimated daily ridership of approximately 43,310, making it one of the busiest light rail systems in the country. The property was acquired in 1999 and underwent an extensive renovation that dramatically improved the exterior look which subsequently attracted a stronger mix of tenants.
Apache Central Center is anchored by Food City Grocery Store, which is owned and operated by the long established Bashas’ family. Other notable tenants at Apache Central Center, such as Family Dollar Store, Diamondback Laundries, and Big Jimmy’s Pizza, attract a wide variety of local consumers to the property. Apache Central Center offers ample parking space, not only on its property, but also in one of the Light Rails’ Park N’ Ride stations that is located adjacent to the property. This retail center is an excellent location for almost any new, relocating or expanding business wishing to access the Arizona State University and surrounding sub-market demographics.
Apache Central Center is less than one-half mile from Arizona State University (ASU) which is the largest public university in the United States with a student population of over 72,00 students (2013). This centrally located shopping center is within approximately 2 miles of the US 60, Loop 101 and Loop 202 freeway systems. The City of Tempe has heralded themselves as the “Epicenter of the Metropolitan Phoenix Market” and regularly draws residents, consumers and commuters from neighboring cities such as Scottsdale, Mesa, Chandler and Phoenix.
In addition to Apache Central Center’s convenient location along the Metro Light Rail System, numerous high density residential developments have been completed within 2 miles of the shopping center. Tempe has also approved plans for numerous mixed use and commercial developments of gigantic proportions including: State Farm Campus (2 million square feet), Marina Heights, USA Basketball and the Lofts at Hayden Ferry Lakeside.
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|Property Sub-Type||Grocery Anchored|
|Total Building Size||44,112 SF|
|Min. Divisible||5,000 SF|
|Max. Contiguous||5,000 SF|
|Population (5 mile radius)||331,301|
|Daily Traffic Count|
|Apache Blvd.||33,000 per day|
|McClintock Rd.||34,000 per day|
|Corner Total||67,000 per day|
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* The Property is subject to change or modification as may be made by the Landlord in its sole discretion or required by any authority having jurisdiction. Any and all measurements, distances or square footage are approximate. Landlord does not covenant or represent that any occupant currently or hereafter located at the Property will remain a tenant. Landlord makes no representations, either express or implied, as to the current or future addition or subtraction of tenants and/ or occupancy of the Property.
|Suite 1332||5,000||Retail Box||Open Retail Box with a large showroom / display area and multiple restrooms.|