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Signalized-Corner Strip Mall Unit
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1231 E NORTHERN Avenue, Phoenix, AZ 85020

C-2 retail space with frontage along Northern Avenue and convenient access to SR-51.

Property Size17,400 SF
Price / SF$0.14
Days on Market24

Property Features for 1231 E NORTHERN Avenue

General Information

Standard status Active
Size 17,400 SF
Property subtype Comm/industry Lease
Zoning C-2

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: R.O.I. Properties
Listed By: Reuben Z Nach · License #SA687040000
Source: Nicolesecrest
Added: Aug 21 Changed: Sep 11 Last Checked: Sep 12 at 7:17AM

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 1,500-square-foot retail strip center unit is part of a 17,400-square-foot commercial property built in 1985. The space occupies a signalized corner at Northern Avenue and 12th Street and carries C-2 zoning, supporting its retail-oriented positioning within the North Central/Sunnyslope trade area.

The property is located along Northern Avenue with direct exposure to the corridor and quick connectivity to SR-51. Nearby retailers include ALDI, QuikTrip, Arco, Jiffy Lube, and Ace, while established residential neighborhoods surround the site. The address is 1231 E Northern Ave, Phoenix, AZ 85020.

Key Highlights

  • 1,500 SF retail strip center unit within a 17,400‑square‑foot commercial property
  • Signalized intersection at Northern Avenue and 12th Street
  • C‑2 zoning supports the property's retail use

Property Analytics

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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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,317
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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
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Frequently Asked Questions

What type of property is this?
Strip mall - C-2 retail space with frontage along Northern Avenue and convenient access to SR-51.
Where is this strip mall located?
The property is located at 1231 E NORTHERN Avenue Phoenix, AZ.
What are key features of this property?
This property features: 1,500 SF retail strip center unit within a 17,400‑square‑foot commercial property; Signalized intersection at Northern Avenue and 12th Street; C‑2 zoning supports the property's retail use
More about this property
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