Search
Large Anchor Retail Space
For Lease
Contact for pricing

12645 N 48th St, Phoenix, AZ 85032

Anchor-format retail space with visibility and access in an established north Phoenix trade area.

Space Size13,542 SF - 45,956 SF
Days on Market49

Property Features for 12645 N 48th St

General Information

Standard status Active
Size 13,542 SF - 45,956 SF
Net Rentable 45,956 SF
Property subtype Retail - Street Retail

Space & Availability

Available Space 45,956 SF
Contiguous Space 45,956 SF
Space Use Retail

Building Details

Building Size 45,956 SF

Spaces For Lease

at 12645 N 48th St Contact us

12639 Immediate

Size 13,542 SF
Type Retail
Rate Contact for pricing
Lease Type NNN
Sublease No
Renewal Option Yes
Contact us

12645 Immediate

Size 45,956 SF
Type Retail
Rate Contact for pricing
Lease Type NNN
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Western Retail Advisors
Listed By: Bryan Ledbetter · License #SA115322000
Source: Commercialcafe
Added: Sep 1 Changed: Oct 10 Last Checked: Oct 16 at 6:17AM

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 Western Retail Advisors

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property is a 45,956-square-foot anchor retail space at 12645 N 48th St in Phoenix. Its placement within a north Phoenix retail corridor provides visibility and access, with surrounding retail, dining, service, and lifestyle businesses contributing to the commercial setting.

The site is minutes from the redevelopment of the Paradise Valley Mall property, a mixed-use district planned to include Whole Foods Market, Sephora, Wren House Brewing, Blanco Reserva, Lifetime Fitness, and additional retail and restaurant concepts. The surrounding area also includes significant household density and daytime population, while regional connectivity supports access to the broader Phoenix metropolitan area.

Key Highlights

  • 45,956 SF anchor retail space
  • Located at 12645 N 48th St, Phoenix, AZ 85032
  • Positioned in a north Phoenix retail corridor

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Best Buy Outlet Electronics & Wireless Store Magnolia Home Theater Electronics & Wireless Store

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Real Estate Agency Storage Facility Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

Demographics for 85032, AZ

68,710
Population
30,386
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
5,541
Density / Sq Mi
$74,331
Median Household Income
$44,790
Median Earnings
$1,492
Median Rent
$387,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Phoenix, AZ

$19.69 /SF/Yr
Avg Asking Price
$2.65–$32 /SF/Yr
Price Range
6,101 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

Frequently Asked Questions

What type of property is this?
Retail space - Anchor-format retail space with visibility and access in an established north Phoenix trade area.
Where is this retail space located?
The property is located at 12645 N 48th St Phoenix, AZ.
What are key features of this property?
This property features: 45,956 SF anchor retail space; Located at 12645 N 48th St, Phoenix, AZ 85032; Positioned in a north Phoenix retail corridor
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again