408 S Roosevelt St, Tempe, AZ 85281

Tempe’s central location makes it a great place to do business. With more than 200 commercial, retail, industrial, and office parks, many near freeways and bus routes, or the airport, employees and customers can reach any business quickly. Tempe is growing skyward with significant space in new high rise, mixed use projects. Many new businesses have moved to Tempe with an eye toward the new demographic that is offered. Tempe businesses can access six freeways, an international airport just five minutes from downtown, and a variety of alternative transportation methods. Tempe provides quick, convenient and environmentally conscientious transportation. Tempe’s knowledge-based environment attracts a variety of industries that require creative class workers, as well as companies that serve typical residential needs. Tempe’s business targets include the companies that will generate the new products and ideas of tomorrow. Companies such as Chase, Wells Fargo, KPMG, Smith Barney, Google, Edward Jones, State Farm, and US Airways all have major headquarters in the Tempe area. Tempe, located in the center of the Phoenix metropolitan area, boasts about 330 days of sunshine a year. To take advantage of the great weather, the city created a pedestrian-friendly downtown and amenities for copious outdoor activities. Visit the many parks or enjoy sports such as gol ng, rowing, kayaking, or biking on 150 miles of bike trails. Experience a variety of American and ethnic restaurants or the city’s rst-class special events. Professional sports include the NBA Phoenix Suns, the NFL Arizona Cardinals, the NHL Phoenix Coyotes, the MLB Arizona Diamondbacks. The .58 acre site at the Northwest Corner of 5th St & Roosevelt is in the most desirable and gentrifying areas in Tempe, Arizona. The property is situated five blocks west of Mill Avenue, leading to downtown and ASU. Downtown Tempe is less than a quarter mile east of the property and contains many employment opportunities, dining options, and recreational amenities. Arizona State University’s Tempe Campus (the largest University in the country, with over 80,000 students enrolled in Spring 2016) is walking or biking distance from this incredible site. With such close proximity to campus, these 4 parcels are an ideal location for a quaint residential development. Along with higher educational opportunities, ASU also supplies a significant source of employment, concentrated within the main campus. Tempe’s Mill Avenue District provides prominent entertainment and retail venues for young professionals and students alike. Areas to the south and west of the property are primarily residential, the area to the north is the Tempe Beach Park and Tempe Center for the Arts, and areas to the east are small retail, commercial centers, and dining along Mill Avenue. Recent development along Tempe Town Lake include Marina Heights, $600M, 20-acre mixed-use project that will include variety of buildings leased by State Farm, retail amenities and a 10-acre plaza to be constructed over the next few years. Neighborhood shopping is abundant, including Tempe’s newest entertainment center, Tempe Market Place, located less than three miles east of site. Grocery store options within two miles of the property include Safeway at Broadway Road and Rural Road and Fry’s at Southern Avenue and Rural Road. Whole Foods Market, recently approved for development by Tempe City Council, will be located at University Drive and Ash Avenue, within walking distance from site. Nearby freeway access to the Loop 202 Red Mountain Freeway is available via the Center Parkway on ramp, located a mile north of the property. The Metro light rail is a short walk away and provides access to a convenient commute to Downtown Phoenix and Mesa. Nearby shopping malls include the Neiman Marcus and Nordstrom-anchored Scottsdale Fashion Square Mall, located less than five miles north of the property, and the Dillard’s and Sears-anchored Fiesta Mall, less than six miles southeast of the property. This site is within one mile of Tempe St. Luke’s Hospital, located along Mill Avenue just south of 13th Street.