This infill value add strip center is positioned in a dense, high demand location and is comprised of in demand small shop suites well suited for local and national users. The center features an anchor tenant, Family Dollar, at a low and replaceable rental rate, creating flexibility and long term upside. Offered at an attractive basis with a low price per square foot, the property presents strong potential to increase value through lease up of existing vacancies. The site benefits from prime corner frontage with approximately 31,000 vehicles per day, strong transit access, and consistent traffic exposure. The surrounding trade area includes over 20,500 residents within one mile and is further supported by planned multifamily development nearby.
Listed By
Agency Name: R.O.I. Properties
Agency Phone: 602-615-1908
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
5233 S Central Avenue | MLS# 6975059
This commercial property located at 5233 S Central Avenue, Phoenix, AZ 85040 is currently listed for sale with an asking price of $3,575,000. Search Phoenix real estate on www.arizonabest.com today.