About the market
PAD(s)/Space Available
Located at the northwest corner of Rural Road and Warner Road, this planned, 3-acre development will feature best-in-class restaurants and retailers serving the dense surrounding population. The intersection is located in the most affluent area in Tempe, located next to premier employers and surrounded by one of the most educated zip codes in the state. This family-friendly neighborhood boasts one of the top school districts in the state, making it a highly desirable location for families to call home.
Demographics within a 1-mile radius are impressive with a 2021 estimated population over 10,000 and average household incomes over $189,000.
Tempe is home to the main campus of Arizona State University, with enrollment of 54,900 students. Desert Financial Arena, located on the ASU campus, has the capacity for 14,000 visitors and hosts multiple events throughout the year, drawing additional tourism to the area.
Demographics
2021 Estimated Population
| Radius | Total Population | Daytime Population |
|---|---|---|
| 1 mile | 10,006 | 3,617 |
| 3 mile | 119,570 | 74,386 |
| 5 mile | 312,300 | 162,555 |
2021 Estimated Household Income
| Radius | Average HHI | Median HHI |
|---|---|---|
| 1 mile | $189,803 | $135,172 |
| 3 mile | $111,525 | $90,572 |
| 5 mile | $100,387 | $82,516 |
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