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Luxury High-Rise Retail Opportunity
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222 E Jefferson Street, Phoenix, AZ 85004

Retail space available in downtown Phoenix luxury residential high-rise.

Space SizeContact for details
Property Size15,202 SF
Days on Market275

Property Features for 222 E Jefferson Street

General Information

Standard status Active
Size 15,202 SF
Property subtype Retail

Building Details

Building Size 15,202 SF
Listing Agency: Western Retail Advisors, LLC
Listed By: Charles Skaggs
Source: W-retail
Added: Nov 25, 2025 Changed: Aug 19 Last Checked: Aug 26 at 5:55AM

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 Western Retail Advisors, LLC

Investment Insights

Based on property information with market context.

Located at the northwest corner of Jefferson and Third Streets, the Adeline is a 25-story luxury residential high-rise in downtown Phoenix. This 480,000-square-foot building contains 379 units and is situated on 1.46 acres. The property is located at 222 E. Jefferson Street and is near two light rail stops, offering ideal access for commercial traffic. The new development is across from the Phoenix Convention Center, Footprint Center, Chase Field and a new Fry’s grocery store.

Key Highlights

  • Luxury high‑rise living in downtown Phoenix.
  • Prime location across from major venues: Phoenix Convention Center, Footprint Center, Chase Field.
  • Proximity to the new downtown Fry's grocery store.

Property Analytics

Current Use

Rocky Road Collectibles (Bike/Boat/Book/etc) Store The Hair Extensions Phoenix Hair Salon Treati Dog Treats (Bike/Boat/Book/etc) Store Adeline Luxury Living Apartment Complex Adventures of the Nuggets Real Estate Agency

Suggested Use

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

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

4,939
Businesses Nearby

Demographics for 85004, AZ

8,833
Population
6,455
Households
1.4
Avg Household Size
32
Median Age
59%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
4,206
Density / Sq Mi
$71,250
Median Household Income
$46,376
Median Earnings
$1,759
Median Rent
$365,500
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$17.82 /SF/Yr
Avg Asking Price
$1.13–$32 /SF/Yr
Price Range
6,676 SF
Avg Space Size

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in downtown Phoenix luxury residential high-rise.
Where is this retail space located?
The property is located at 222 E Jefferson Street Phoenix, AZ.
What are key features of this property?
This property features: Luxury high‑rise living in downtown Phoenix.; Prime location across from major venues: Phoenix Convention Center, Footprint Center, Chase Field.; Proximity to the new downtown Fry's grocery store.
More about this property
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