Corner Retail
For Lease
$20 SF/Yr
1231 E NORTHERN Avenue, Phoenix, AZ 85020
C-2 retail unit positioned at a signalized intersection with access to established residential and commercial surroundings.
Space Size1,500 SF
Property Size17,400 SF
Days on Market15
Property Features for 1231 E NORTHERN Avenue
General Information
Standard status
Active
Size
1,500 SF
Net Rentable
1,500 SF
Property subtype
COMMERCIAL
Zoning
C-2
Lease Type
Modified Gross
Space & Availability
Available Space
1,500 SF
Contiguous Space
1,500 SF
Space Use
Retail
Lease Terms
Lease Rate
$20 /USD/SF/YR
Monthly Rent
$2,500
Rent per SF/Year
$20
Site & Location
Corner Location
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,977
Building Details
Building Size
17,400 SF
Year Built
1985
Listing Agency:
R.O.I. Properties
(602) 881-4724
Listed By:
Reuben Z Nach · License #SA687040000
(602) 881-4724
Source:
Alexiabertsatos
Added: Aug 4
Changed: Aug 16
Last Checked: Aug 18 at 5:45AM
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 retail space is a 1,500 SF unit within a strip center constructed in 1985. The property carries C-2 zoning and occupies the signalized intersection of Northern Avenue and 12th Street, providing a visible corner position for retail operations.
The site is located in the North Central/Sunnyslope trade area of Phoenix, with quick access to SR-51. Surrounding commercial users include ALDI, QuikTrip, Arco, Jiffy Lube, and Ace, while dense residential neighborhoods add established context to the corridor.
The site is located in the North Central/Sunnyslope trade area of Phoenix, with quick access to SR-51. Surrounding commercial users include ALDI, QuikTrip, Arco, Jiffy Lube, and Ace, while dense residential neighborhoods add established context to the corridor.
Key Highlights
- 1,500 SF retail strip center unit
- Signalized corner at Northern Avenue and 12th Street
- C‑2 zoning
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
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
Lease Benchmarks for Phoenix, AZ
$17.9 /SF/Yr
Avg Asking Price
$1.13–$32 /SF/Yr
Price Range
6,648 SF
Avg Space Size
This space is priced 12% above the average of $17.9 /SF/Yr.
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - C-2 retail unit positioned at a signalized intersection with access to established residential and commercial surroundings.
Where is this retail space located?
The property is located at 1231 E NORTHERN Avenue Phoenix, AZ.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 1,500 SF retail strip center unit; Signalized corner at Northern Avenue and 12th Street; C‑2 zoning
