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Historic Downtown Phoenix Retail Space
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45 W Jefferson St, Phoenix, AZ 85003

Retail space in Phoenix's historic Luhrs Building and Tower.

Space Size902 SF - 3,764 SF
Days on Market209

Property Features for 45 W Jefferson St

General Information

Standard status Active
Size 902 SF - 3,764 SF
Property subtype Retail

Site & Location

Neighborhood Central City

Spaces For Lease

at 45 W Jefferson St Contact us

Former Coffee Shop

Size 902 SF
Term Negotiable
Rate Contact for pricing
Contact us

Suite G & H

Size 3,764 SF
Type Street Retail
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: Phoenix Commercial Advisors
Listed By: Courtney Auther Van Loo
Source: Phoenixcommercialadvisors
Added: Apr 1 Changed: Oct 25 Last Checked: Oct 24 at 1:45PM

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 Phoenix Commercial Advisors

Rey
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Investment Insights

Based on property information with market context.

The Luhrs Building and Luhrs Tower, located in downtown Phoenix, are listed on the Phoenix Historic Property Register. The Luhrs Building, opened in 1924, was the tallest building in Arizona and the first major commercial office in Phoenix. The Luhrs Tower, opened in 1930, became the state's tallest high rise. The available retail space offers 3,764 square feet.

Key Highlights

  • Located in the historic Luhrs Building and Luhrs Tower, Phoenix landmarks.
  • Part of the Phoenix Historic Property Register.
  • The Luhrs Building was the first major commercial office in Phoenix.

Property Analytics

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Open Analytics

Current Use

Coplex (Bike/Boat/Book/etc) Store Matthew F. Leathers, ... Law Firm Joel L Brand ... Law Firm Schreck Law Firm Law Firm Tony Verdugos Barber ... Barber Shop

Suggested Use

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

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

4,724
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Phoenix, AZ

$19.55 /SF/Yr
Avg Asking Price
$2.65–$32 /SF/Yr
Price Range
6,093 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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space in Phoenix's historic Luhrs Building and Tower.
Where is this retail space located?
The property is located at 45 W Jefferson St Phoenix, AZ.
What are key features of this property?
This property features: Located in the historic Luhrs Building and Luhrs Tower, Phoenix landmarks.; Part of the Phoenix Historic Property Register.; The Luhrs Building was the first major commercial office in Phoenix.
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