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Mixed-Use Leasehold with Multifamily Units
For Sale
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5100-5450 East High Street, Phoenix, AZ 85054

For sale leasehold interest in a mixed-use project with 99 multifamily units plus retail dining and Class A office space.

Property SizeContact for details
Days on Market122

Property Features for 5100-5450 East High Street

General Information

Standard status Active
Class A
Property subtype Retail, Multifamily, Office, Mixed Use

Additional Details

Multifamily Units 99
Listing Agency: Space Investment Partners
Listed By: Ryan Gallagher · License #CA 01269918
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 5:20AM

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 Space Investment Partners

Investment Insights

Based on property information with market context.

HFF, as exclusive advisor, has been retained by ownership to offer qualified investors the opportunity to acquire the leasehold interest in High Street, an interactive mixed-use destination in Phoenix, Arizona. The project includes 99 multifamily units along with 174,705 square feet of retail dining and entertainment space, and 330,369 square feet of Class A office.

The property is located at 5100–5450 East High Street, Phoenix, AZ 85054. The asset is described as having an institutional quality design and a built-in amenity base supporting its integrated multifamily, retail, and office environment.

This offering is positioned as a favorable ground lease opportunity for investors seeking stable cash flows, with the additional factor of lease-up for available space.

Key Highlights

  • Leasehold interest for sale in High Street, an interactive mixed‑use destination in Phoenix, AZ
  • 99 multifamily units within the project
  • 174,705 SF of retail dining and entertainment space

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Electrical Service Plumbing Service Daycare Center

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

99
Residential units

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby

Demographics for 85054, AZ

8,849
Population
6,271
Households
1.4
Avg Household Size
39
Median Age
61%
College-Educated
98%
High-School Grad
8.6 sq mi
ZIP Area
1,029
Density / Sq Mi
$89,099
Median Household Income
$64,554
Median Earnings
$2,146
Median Rent
$618,100
Median Home Value

Market

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - For sale leasehold interest in a mixed-use project with 99 multifamily units plus retail dining and Class A office space.
Where is this mixed-use property located?
The property is located at 5100-5450 East High Street Phoenix, AZ.
What are key features of this property?
This property features: Leasehold interest for sale in High Street, an interactive mixed‑use destination in Phoenix, AZ; 99 multifamily units within the project; 174,705 SF of retail dining and entertainment space
More about this property
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