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Vanilla Shell Retail Space
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366 N 2nd Ave, Phoenix, AZ 85003

First-floor retail within a 7-story luxury apartment complex, with vanilla shell buildout already completed.

Property Size1,062 SF - 2,713 SF
Days on Market323

Property Features for 366 N 2nd Ave

General Information

Standard status Active
Size 1,062 SF - 2,713 SF
Net Rentable 1,062 SF
Property subtype RETAIL

Space & Availability

Available Space 1,062-2,713 SF
Contiguous Space 2,713 SF
Floor Ground
Space Use Retail

Additional Details

Highway Access Yes

Building Details

Stories 7
Tenancy Multi
Listing Agency: Diversified Partners LLC
Listed By: Marti Weinstein · License #SA678882000
Source: Moodyscre
Added: Sep 11, 2025 Changed: Jul 30 Last Checked: Jul 30 at 7:45AM

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 Diversified Partners LLC

Investment Insights

Based on property information with market context.

Retail space is available for lease in a luxury, ultra-modern 7-story apartment complex. The listing offers multiple retail opportunities: approximately 1,062 SF, 2,163 SF, and 2,713 SF.

A vanilla shell buildout of the ±1,062 SF space is now complete, providing a ready foundation for an incoming tenant to tailor the space to their needs. The retail is positioned on the first floor of the building.

The surrounding area includes significant new multi-family development within a one-mile radius, with downtown arts activity and nearby destinations. The property is approximately half a mile south of I-10 and less than 2 miles east of I-17, and it is about 10 minutes from Sky Harbor International Airport.

Key Highlights

  • Vanilla shell buildout of ±1,062 SF is now complete
  • Retail available at approximately 1,062 SF, 2,163 SF, and 2,713 SF
  • Located on the first floor of a 7‑story luxury apartment complex

Property Analytics

Current Use

ELEANOR ROOSEVELT HIGH ... High School

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Nail Salon Daycare Center Veterinary Clinic

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,287
Businesses Nearby

Demographics for 85003, AZ

11,042
Population
6,117
Households
1.8
Avg Household Size
37
Median Age
45%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
5,812
Density / Sq Mi
$56,672
Median Household Income
$55,122
Median Earnings
$1,258
Median Rent
$577,700
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$16.83 /SF/Yr
Avg Asking Price
$0.69–$50 /SF/Yr
Price Range
10,319 SF
Avg Space Size

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First-floor retail within a 7-story luxury apartment complex, with vanilla shell buildout already completed.
Where is this retail space located?
The property is located at 366 N 2nd Ave Phoenix, AZ.
What are key features of this property?
This property features: Vanilla shell buildout of ±1,062 SF is now complete; Retail available at approximately 1,062 SF, 2,163 SF, and 2,713 SF; Located on the first floor of a 7‑story luxury apartment complex
(224) 612-2332 Call to check price and availability
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