1612 E Southern Ave, Phoenix, AZ
Retail property with secure yard, high visibility, and signage.
- Added:
- May 28, 2025
- Days on Market:
- 383
- Last Refresh:
- May 20 at 9:50 pm
Property Features for 1612 E Southern Ave
General Information
- Standard status
- Active
- Size
- 4,814 SF
- Lot size
- 0.34 Acres
- Property subtype
- RETAIL
Properties For Sale
at 1612 E Southern Ave Contact usListing agent Michael Douglas License #SA668345000 (480) 772-8870
Listing office ORION Investment Real Estate (480) 772-8870
Listing date May 28, 2025
Source Moodyscre
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 ORION Investment Real Estate
HighLights
- Priced below replacement cost at $203 PSF.
- Secure gated yard ideal for contractors or businesses needing outdoor storage.
- Zoned C‑2, City of Phoenix.
- High‑impact visibility and signage along Southern Avenue.
- Minutes from I‑10, I‑17, and Sky Harbor Airport.
- Suitable for service businesses.
Overview
Local 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 | $86.7k | $18.00 |
| − Vacancy | −$8.9k | −$1.85 |
| EGI | $77.7k | $16.15 |
| − OpEx | −$23.3k | −$4.84 |
| NOI | $54.4k | $11.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.047
- Latitude
- 33.3931