Listing Agency: LevRose Commercial Real Estate a***@levrose.com Show Phone

Listed By: Aaron Norwood · License #SA561466000 Show Phone

Source: Moodyscre

Added: Aug 29, 2024 Changed: Jul 6 Last Checked: Jul 21 at 5:17AM

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Investment Insights

Based on property information with market context.

This property offers an efficient retail or office space with frontage on McDowell Road in Phoenix, Arizona. The suite provides a flexible size and is considered affordable. The property size is 1765 square feet.

Key Highlights

• Efficient retail/office space
• Suite frontage on McDowell Rd
• Located along McDowell Rd in Phoenix, AZ

Property Analytics

Property Profile

Current Use

Asher & Sons Roofer ... Roofing Company Freshwater Labs Pet Store Go Green Reprographics (Bike/Boat/Book/etc) Store T & T Health ... Medical Clinic

Suggested Use

Top Pick Hair Salon Spa & Massage Center Nail Salon Real Estate Agency Accounting Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.32 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

612

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Phoenix, AZ

$16.83 /SF/Yr

Avg Asking Price

$0.69–$50 /SF/Yr

Price Range

10,319 SF

Avg Space Size

This space is priced 8% below the average of $16.83 /SF/Yr.

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019

8.7% 2020

7.4% 2021

5.6% 2022

5.1% 2023

5.4% 2024

5.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Retail space - Affordable and flexible retail/office space on McDowell Road.

Where is this retail space located?

The property is located at 4045 E McDowell Rd Phoenix, AZ.

What is the lease rate?

The lease rate is $15.50 SF/Yr.

What are key features of this property?

This property features: Efficient retail/office space; Suite frontage on McDowell Rd; Located along McDowell Rd in Phoenix, AZ