Freestanding Restaurant
New
For Lease
$6,900/Mo
1216 E NORTHERN Avenue, Phoenix, AZ 85020
Existing restaurant improvements support food-and-beverage occupancy with less initial construction work.
Space Size3,446 SF
Days on Market4
Property Features for 1216 E NORTHERN Avenue
General Information
Standard status
Active
Size
3,446 SF
Net Rentable
3,446 SF
Property subtype
COMMERCIAL
Space & Availability
Available Space
3,446 SF
Contiguous Space
3,446 SF
Space Use
Restaurant
Taxes and HOA fees
Annual Taxes
$6,280
Building Details
Building Size
3,456 SF
Year Built
1945
Listing Agency:
R.O.I. Properties
(602) 881-4724
Listed By:
Reuben Z Nach · License #SA687040000
(602) 881-4724
Source:
Jcluxuryresidential
Added: Aug 12
Changed: Aug 15
Last Checked: Aug 15 at 12:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R.O.I. Properties
Investment Insights
Based on property information with market context.
This freestanding restaurant property offers 3,446 SF of existing food-service space for lease. The current restaurant buildout provides an established foundation for a food-and-beverage operator, with the potential to limit construction work and shorten the opening process. Built in 1945, the building is configured as a standalone commercial facility.
The property occupies the signalized intersection of Northern Avenue and 12th Street in Phoenix’s North Central / Sunnyslope submarket. It has frontage along Northern Avenue, an east-west arterial, and is located near State Route 51 for access across the greater Phoenix area.
The property occupies the signalized intersection of Northern Avenue and 12th Street in Phoenix’s North Central / Sunnyslope submarket. It has frontage along Northern Avenue, an east-west arterial, and is located near State Route 51 for access across the greater Phoenix area.
Key Highlights
- 3,446 SF freestanding restaurant building
- Existing restaurant buildout in place
- Signalized intersection of Northern Avenue and 12th Street
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85020, AZ
34,534
Population
18,231
Households
1.9
Avg Household Size
43
Median Age
43%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
3,924
Density / Sq Mi
$78,412
Median Household Income
$48,230
Median Earnings
$1,389
Median Rent
$400,800
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant improvements support food-and-beverage occupancy with less initial construction work.
Where is this conventional restaurant located?
The property is located at 1216 E NORTHERN Avenue Phoenix, AZ.
What is the lease rate?
The lease rate is $6,900/Mo.
What are key features of this property?
This property features: 3,446 SF freestanding restaurant building; Existing restaurant buildout in place; Signalized intersection of Northern Avenue and 12th Street
