Building Details

Tenancy Single

Listing Agency: ORION Investment Real Estate Show Phone

Listed By: Jazz Deol · License #SA680625000 Show Phone

Source: Moodyscre

Added: Sep 25 Changed: Sep 28 Last Checked: Oct 1 at 1:27PM

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Investment Insights

Based on property information with market context.

This 2,545-square-foot NNN property at 5103 N 19th Ave in Phoenix is occupied by a veterinary operation. The lease is structured as single-tenant NNN, with two additional five-year renewal options and annual rent increases of 3%. The stated cap rate is 7.00%.

Key Highlights

• 2,545‑square‑foot property at 5103 N 19th Ave, Phoenix, AZ 85015
• Single‑tenant NNN lease structure
• 7.00% cap rate

Property Analytics

Current Use

Christown Animal Hospital Veterinary Clinic

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Building Supply Electrical Service

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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,194

Businesses Nearby

Explore this area Business Placement

Demographics for 85015, AZ

41,436

Population

17,889

Households

2.3

Avg Household Size

33

Median Age

25%

College-Educated

78%

High-School Grad

4.9 sq mi

ZIP Area

8,456

Density / Sq Mi

$52,585

Median Household Income

$36,456

Median Earnings

$1,227

Median Rent

$312,600

Median Home Value

Market

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019

19.3% 2020

21.7% 2021

24.3% 2022

27.4% 2023

28.5% 2024

26.5% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - The lease provides scheduled rent growth and additional renewal periods.

Where is this nnn property located?

The property is located at 5103 N 19th Ave Phoenix, AZ.

What is the asking price?

The asking price for this property is $2,009,314.

What are key features of this property?

This property features: 2,545‑square‑foot property at 5103 N 19th Ave, Phoenix, AZ 85015; Single‑tenant NNN lease structure; 7.00% cap rate