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Retail Storefront Near Downtown Anchors
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45 W Jefferson St, Phoenix, AZ 85003

Retail storefront for lease on W Jefferson St with strong downtown demand, including an estimated 85,000 daytime population within one mile.

Property Size3,764 SF
Days on Market2786

Property Features for 45 W Jefferson St

General Information

Standard status Active
Size 3,764 SF
Property subtype RETAIL
Listing Agency: Phoenix Commercial Advisors
Listed By: Courtney Auther Van Loo
Source: Moodyscre
Added: Dec 13, 2018 Changed: Jul 28 Last Checked: Jul 30 at 10:14AM

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 Phoenix Commercial Advisors

Investment Insights

Based on property information with market context.

This retail storefront for lease is located at 45 W Jefferson St in Phoenix. The property is positioned to benefit from ongoing downtown activity and major adjacent redevelopment.

The location sits adjacent to CityScape, a 1.2 million square foot mixed-use project that includes 400-foot towers with Class A office space, retail, residential units, and a boutique hotel. A Marriott Hotels 19-story, 320-room hotel is now open adjacent to Luhrs City Center.

Additional nearby drivers of foot traffic include the Maricopa County Courthouse, directly west across 1st Avenue, following a $360 million makeover and expansion. The area also includes multiple performance venues and an estimated 7 million downtown visitors tied to sporting and cultural events, conventions, trade shows, and other activities.

Key Highlights

  • Retail storefront for lease on W Jefferson St
  • Estimated 85,000 daytime population within one mile
  • Adjacent to CityScape: 1.2 million SF mixed‑use with 640,000 SF Class A office, 150,000 SF retail, 224 residential units, and a 242‑room boutique hotel

Property Analytics

Current Use

Coplex (Bike/Boat/Book/etc) Store Matthew F. Leathers, ... Law Firm Joel L Brand ... Law Firm Schreck Law Firm Law Firm Tony Verdugos Barber ... Barber Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nail Salon Veterinary Clinic Grocery & Convenience Store Tanning Salon

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

5,101
Businesses Nearby

Demographics for 85003, AZ

11,042
Population
6,117
Households
1.8
Avg Household Size
37
Median Age
45%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
5,812
Density / Sq Mi
$56,672
Median Household Income
$55,122
Median Earnings
$1,258
Median Rent
$577,700
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$16.83 /SF/Yr
Avg Asking Price
$0.69–$50 /SF/Yr
Price Range
10,319 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail storefront for lease on W Jefferson St with strong downtown demand, including an estimated 85,000 daytime population within one mile.
Where is this retail space located?
The property is located at 45 W Jefferson St Phoenix, AZ.
What are key features of this property?
This property features: Retail storefront for lease on W Jefferson St; Estimated 85,000 daytime population within one mile; Adjacent to CityScape: 1.2 million SF mixed‑use with 640,000 SF Class A office, 150,000 SF retail, 224 residential units, and a 242‑room boutique hotel
(480) 223-7729 Call to check price and availability
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