3402 North Central Avenue Phoenix, AZ 85012

Building Details

Year Built

1995

Listing office The Bernstein Murphy Companies Llc

Listing date Jul 8, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

This offering presents a covered land site with future redevelopment potential, currently under ownership since development in 1995. The property totals 2.83 acres and is anchored by two established retail buildings positioned on the northwest corner of Central Avenue and Osborn Road.

The site benefits from highly visible corner positioning and exceptional frontage at a prominent Midtown Phoenix intersection. Public remarks also note strong traffic counts and immediate proximity to the Valley Metro Light Rail, supporting the location’s continued demand.

For buyers seeking a landmark retail asset with redevelopment upside, this corner configuration provides an existing retail base alongside a development opportunity within one of the city’s growth corridors.

Key Highlights

• 2.83 acres of covered land at the NWC of Central Avenue and Osborn Road in Phoenix, AZ
• Two established retail buildings on the property
• Corner location at a highly visible intersection with strong traffic counts

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FAQs

What type of property is this?

Commercial land - Covered land at a highly visible intersection, anchored by two established retail buildings.

Where is this commercial land located?

The property is located at 3402 North Central Avenue Phoenix, AZ.

What is the asking price?

The asking price for this property is $9,765,000.

What are key features of this property?

This property features: 2.83 acres of covered land at the NWC of Central Avenue and Osborn Road in Phoenix, AZ; Two established retail buildings on the property; Corner location at a highly visible intersection with strong traffic counts