Freestanding Retail
For Sale
Contact for pricing
3838 N 19th Ave, Phoenix, AZ 85015
C-2-zoned property with 19th Avenue frontage, monument signage, and a new parking lot.
Property Size6,111 SF
Price / SF$245.46
Days on Market656
Property Features for 3838 N 19th Ave
General Information
Standard status
Active
Size
6,111 SF
Property subtype
RETAIL
Zoning
C-2
Additional Details
Highway Access
Yes
Amenities
Monument signage
New parking lot
Listing Agency:
Rein & Grossoehme
(480) 214-9403
Listed By:
Max Schumacher
Source:
Moodyscre
Added: Oct 15, 2024
Changed: Jul 31
Last Checked: Jul 31 at 9:23AM
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 Rein & Grossoehme
Investment Insights
Based on property information with market context.
This freestanding retail building offers 6,111 square feet for sale or lease, with an owner-user configuration and the ability to be demised. The property includes 19th Avenue frontage, monument signage, and a new parking lot.
Located in Phoenix, the property provides access to both I-17 and I-10. It is zoned C-2 by the City of Phoenix, supporting its retail-oriented commercial positioning.
Located in Phoenix, the property provides access to both I-17 and I-10. It is zoned C-2 by the City of Phoenix, supporting its retail-oriented commercial positioning.
Key Highlights
- 6,111 SF freestanding building for sale or lease
- 19th Avenue frontage with monument signage
- New parking lot
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.0k | $18.00 |
| − Vacancy | −$11.3k | −$1.85 |
| EGI | $98.7k | $16.15 |
| − OpEx | −$29.6k | −$4.84 |
| NOI | $69.1k | $11.30 |
6,111 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$986.7K
$863.4K – $1.15M
NOI $69,068 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,575 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
801
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85015, AZ
41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- 1209 Creative — 936 W MacKenzie Dr, Phoenix, AZ 85013
Frequently Asked Questions
What type of property is this?
Storefront property - C-2-zoned property with 19th Avenue frontage, monument signage, and a new parking lot.
Where is this storefront property located?
The property is located at 3838 N 19th Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 6,111 SF freestanding building for sale or lease; 19th Avenue frontage with monument signage; New parking lot
