Signalized-Corner Retail
For Lease
$23.50 SF/Yr Modified Gross
1231 E Northern Ave, Phoenix, AZ 85020
Retail suite with C-2 zoning and a modified gross lease structure.
Space Size1,200 SF
Property Size1,500 SF
Days on Market34
Property Features for 1231 E Northern Ave
General Information
Standard status
Active
Size
1,200 SF
Net Rentable
1,200 SF
Property subtype
Retail - Street Retail
Zoning
C-2
Lease Type
Modified Gross
Space & Availability
Available Space
1,200 SF
Contiguous Space
1,200 SF
Space Use
Retail
Available From
Immediate
Site & Location
Corner Location
Yes
Drive-Thru
No
Anchor Co-Tenants
Ace Hardware, QuikTrip, Jiffy Lube, Arco, Aldi, HotWorx, Kumon
Traffic Count
61,639 vehicles/day
Highway Access
Yes
Amenities
convenience store
gas station
quick service restaurant
auto service
Building Details
Building Size
1,500 SF
Tenancy
Multi
Abandoned
No
Spaces For Lease
at 1231 E Northern Ave Contact us- Size
- 1,200 SF
- Type
- Retail
- Lease Type
- Modified Gross
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
Space 1 $23.50/SF/Yr
Listing Agency:
R.O.I. Properties
Listed By:
Reuben Nach · License #SA687040000
(602) 319-1326
Source:
Commercialcafe
Added: Aug 9
Changed: Sep 9
Last Checked: Sep 10 at 5:21AM
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 ±1,200-square-foot retail suite is available at Palo Verde Center under a modified gross lease structure. The property carries C-2 zoning and occupies a hard signalized corner at Northern Avenue and 12th Street in Phoenix.
The intersection records ±61,639 VPD and provides access near SR-51. The corner is shared with Ace Hardware, QuikTrip, Jiffy Lube, and Arco, while Aldi, HotWorx, Kumon, and additional national and local tenants are nearby.
The intersection records ±61,639 VPD and provides access near SR-51. The corner is shared with Ace Hardware, QuikTrip, Jiffy Lube, and Arco, while Aldi, HotWorx, Kumon, and additional national and local tenants are nearby.
Key Highlights
- ±1,200 SF retail suite available for lease
- C‑2 zoning
- Hard signalized corner at Northern Avenue and 12th Street
Property Analytics
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Current Use
Lease Details
61,639 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
1,317
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Phoenix, AZ
$17.84 /SF/Yr
Avg Asking Price
$1.19–$32 /SF/Yr
Price Range
6,213 SF
Avg Space Size
This space is priced 32% above the average of $17.84 /SF/Yr.
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail suite with C-2 zoning and a modified gross lease structure.
Where is this retail space located?
The property is located at 1231 E Northern Ave Phoenix, AZ.
What is the lease rate?
The lease rate is $23.50 SF/Yr.
What are key features of this property?
This property features: ±1,200 SF retail suite available for lease; C‑2 zoning; Hard signalized corner at Northern Avenue and 12th Street
