Tempe Crossing, Tempe, AZ

Investment sale · Free Standing Building

Tempe Crossing

Priest Dr & Ray Rd | NEC

9895 S Priest Drive, Tempe, AZ 85284

Price
$4,280,000
Cap rate
5.20%
NOI
$222,596
Building Size
5,634 SF
Tenancy
Multi-tenant
Traffic
191,000 VPDon I-10

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  • Two tenant, fee simple property sitting on 1.3 acres of well-located real estate along the I-10 & Ray Road corridor - connecting Tempe, Chandler, Phoenix and the strong, affluent sub-market of Ahwatukee
  • High-credit, corporate guaranteed tenancy, with Black Rock Coffee Bar (NASDAQ: BRCB) who has over 175 locations nationally and 55+ locations in Arizona alone
  • Tested location - this Black Rock Coffee is the company’s 13th most trafficked location in the nation, according to Placer.ai

All highlights

About this opportunity

Listed by Isaiah Clayton and Chad Tiedeman, Phoenix Commercial Advisors.

The site

Site facts for Tempe Crossing
Property typeRetail · Free Standing Building

Trade area

Trade area demographics near Tempe Crossing
1 Mile3 Miles5 Miles
Population11,52897,574213,307
Households5,05540,90788,916
Average household income$132,022$147,829$141,111

2026 estimates for rings around the property.

Highlights

  • Two tenant, fee simple property sitting on 1.3 acres of well-located real estate along the I-10 & Ray Road corridor - connecting Tempe, Chandler, Phoenix and the strong, affluent sub-market of Ahwatukee
  • High-credit, corporate guaranteed tenancy, with Black Rock Coffee Bar (NASDAQ: BRCB) who has over 175 locations nationally and 55+ locations in Arizona alone
  • Tested location - this Black Rock Coffee is the company’s 13th most trafficked location in the nation, according to Placer.ai
  • Compounding income growth, with all tenants having 10% rent increases every five years in primary term and option periods
  • Dynamic retail intersection with the regional shopping mall Chandler Pavilions just to the southwest and adjacent to the Shoppes at Casa Paloma
  • Notable tenants at the intersection include: Lowe’s, AJ’s Fine Foods, Sam’s Club, Home Depot, Pottery Barn, Ulta Beauty and many more
  • Strong visibility on Priest Drive & Ray Road with over 66,000 vehicles per day at the intersection
  • Highly affluent trade area with an average household income of nearly $144,000 within a 3-mile radius
  • Located just a 5-minute drive away from Intel Corporation’s 680+ acre Chandler Campus, the company’s second largest site in the U.S., and the largest employer in Chandler with ±11,300 employees
  • Less than a half mile from the I-10, with over 191,000 vehicles per day and connects Tucson to Phoenix
  • Dense neighborhoods surround the property, with nearly 213,000 residents in a 5-mile radius

Property overview

Tempe Crossing | 5.20 Cap | 5,634 SF | 100% Leased | Drive-Thru

Tempe Crossing is located along Priest Drive; situated on the east side; just north of Ray Road.

Aerial map of Tempe Crossing, Tempe, AZ

Location9895 S Priest Drive, Tempe, AZ 85284

  • I-100.6 mi
  • Loop 2021.7 mi
  • Chandler Fashion Center3.9 mi
  • Ahwatukee4.0 mi

Listing ID 2459629 · Investment sale · Updated 11/10/2026 · Retail brokers in Tempe