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Signalized-Corner Retail Suite
For Lease
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1231 E Northern Ave, Phoenix, AZ 85020

Retail suite with C-2 zoning and a modified gross lease structure.

Space Size1,500 SF
Days on Market9

Property Features for 1231 E Northern Ave

General Information

Standard status Active
Size 1,500 SF
Net Rentable 1,200 SF
Property subtype Retail
Zoning C-2
Lease Type Modified Gross

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF
Space Use Retail
Available From Immediate

Site & Location

Corner Location Yes
Drive-Thru No
Anchor Co-Tenants Ace Hardware, QuikTrip, Jiffy Lube, Arco, Aldi, HotWorx, Kumon
Traffic Count 61,639 vehicles/day
Highway Access Yes

Amenities

convenience store
gas station
quick service restaurant
auto service

Building Details

Building Size 1,500 SF
Tenancy Single
Abandoned No

Spaces For Lease

at 1231 E Northern Ave Contact us

#1

Size
1,500 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: R.O.I. Properties
Listed By: Beth Jo Zeitzer · License #AZ BR044331000
Source: Crexi
Added: Aug 4 Changed: Aug 10 Last Checked: Aug 11 at 9:12AM

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 ±1,200-square-foot retail suite is available at Palo Verde Center under a modified gross lease structure. The property carries C-2 zoning and occupies a hard signalized corner at Northern Avenue and 12th Street in Phoenix.

The intersection records ±61,639 VPD and provides access near SR-51. The corner is shared with Ace Hardware, QuikTrip, Jiffy Lube, and Arco, while Aldi, HotWorx, Kumon, and additional national and local tenants are nearby.

Key Highlights

  • ±1,200 SF retail suite available for lease
  • C‑2 zoning
  • Hard signalized corner at Northern Avenue and 12th Street

Property Analytics

Current Use

Cloud Slingers Smoke ... (Bike/Boat/Book/etc) Store Crown Services Big Box & Wholesale Store

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Daycare Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Parking Lot & Garage

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

61,639 VPD
Traffic count
Yes
Highway access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby

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

Lease Benchmarks for Phoenix, AZ

$15.67 /SF/Yr
Avg Asking Price
$1.13–$34.1 /SF/Yr
Price Range
6,635 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail suite with C-2 zoning and a modified gross lease structure.
Where is this retail space located?
The property is located at 1231 E Northern Ave Phoenix, AZ.
What are key features of this property?
This property features: ±1,200 SF retail suite available for lease; C‑2 zoning; Hard signalized corner at Northern Avenue and 12th Street
(602) 319-1326 Call to check price and availability
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