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New Construction Retail Space

5135 W Southern Avenue, Laveen, AZ 85339

For Lease
$15,400/Mo

Gray-shell suites in a C-2-zoned development are planned for retail, office, or medical build-out.

Space Size1,000 SF - 5,000 SF
Property Size5,134 SF
Days on Market105

Property Features for 5135 W Southern Avenue

General Information

Standard status Active
Size 1,000 SF - 5,000 SF
Net Rentable 1,000 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 1,000-5,000 SF
Contiguous Space 5,000 SF
Divisible Yes
Space Use Office
Condition Shell
Available From 2027-01

Amenities

24'-26' ceilings

Building Details

Building Size 5,134 SF
Year Built 2026
Tenancy Multi
Listing Agency: Compass
Listed By: Mehran Parsai · License AZ BR112043000
Source: Ovestazhome
Added: Aug 2 Changed: Nov 11 Last Checked: Nov 13 at 2:06PM

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 Compass

Rey
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Investment Insights

Based on property information with market context.

Retail space is available in a development under construction at 5135 W Southern Avenue in Laveen. Building 1 is 5,134 square feet, arranged as three suites that can be leased separately or combined. The spaces are planned for gray-shell delivery, with completion scheduled for January 2027. Ceiling heights range from 24 to 26 feet, and C-2 zoning is reported for the property.

Building 1 suites range from 1,000 to 5,000 square feet individually, with a combined configuration of approximately 4,000 square feet. Building 2 has approximately 2,000 to 4,000 square feet available and faces Southern Avenue. A dental practice has signed as the development’s first tenant.

Key Highlights

  • Building 1 totals 5,134 SF and is divided into three suites
  • Building 1 suites: 1,000‑5,000 SF individually or approximately 4,000 SF combined
  • Building 2 offers approximately 2,000‑4,000 SF and faces Southern Avenue

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Bakery Skin Care 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
NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby

Demographics for 85339, AZ

50,447
Population
15,628
Households
3.2
Avg Household Size
31
Median Age
29%
College-Educated
87%
High-School Grad
258.2 sq mi
ZIP Area
195
Density / Sq Mi
$104,023
Median Household Income
$47,225
Median Earnings
$2,008
Median Rent
$398,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Laveen, AZ

$21.09 /SF/Yr
Avg Asking Price
$2.65–$40 /SF/Yr
Price Range
5,907 SF
Avg Space Size

This space is priced 71% above the average of $21.09 /SF/Yr.

Properties on Market for Retail space in Maricopa County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Gray-shell suites in a C-2-zoned development are planned for retail, office, or medical build-out.
Where is this retail space located?
The property is located at 5135 W Southern Avenue Laveen, AZ.
What is the lease rate?
The lease rate is $15,400/Mo.
What are key features of this property?
This property features: Building 1 totals 5,134 SF and is divided into three suites; Building 1 suites: 1,000‑5,000 SF individually or approximately 4,000 SF combined; Building 2 offers approximately 2,000‑4,000 SF and faces Southern Avenue
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