Freestanding Retail
New
For Lease
$28 SF/Yr
515 East Carefree Highway, Phoenix, AZ 85085
An open-plan layout offers a straightforward setting for retail operations.
Space Size1,200 SF
Property Size6,000 SF
Days on Market2
Property Features for 515 East Carefree Highway
General Information
Standard status
Active
Size
1,200 SF
Net Rentable
1,200 SF
Property subtype
Retail - Street Retail
Space & Availability
Available Space
1,200 SF
Contiguous Space
1,200 SF
Space Use
Retail
Building Details
Building Size
6,000 SF
Year Built
1987
Spaces For Lease
at 515 East Carefree Highway
1
$28/SF/Yr
Floor
1
Size
1,200 SF
Type
Strip
Lease Type
Modified Gross
Availability
Immediate
Sublease
No
Renewal Option
Yes
Listing Agency:
R.O.I. Properties
Listed By:
Reuben Nach · License #SA687040000
(602) 319-1326
Source:
Commercialcafe
Added: Oct 19
Last Checked: Oct 19 at 2:32PM
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 R.O.I. Properties
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Investment Insights
Based on property information with market context.
This freestanding retail space contains 1,200 square feet arranged in an open floor plan. The building dates to 1987 and is located at 515 East Carefree Highway in Phoenix, within the Anthem submarket.
Key Highlights
- Freestanding retail space with 1,200 square feet
- Open floor plan
- Built in 1987
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Explore this area
Business Placement
Demographics for 85085, AZ
27,875
Population
12,737
Households
2.2
Avg Household Size
36
Median Age
51%
College-Educated
97%
High-School Grad
38.1 sq mi
ZIP Area
732
Density / Sq Mi
$122,138
Median Household Income
$70,162
Median Earnings
$1,818
Median Rent
$589,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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
This space is priced 43% above the average of $19.55 /SF/Yr.
Vacancy Rate% for Retail in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Retail space - An open-plan layout offers a straightforward setting for retail operations.
Where is this retail space located?
The property is located at 515 East Carefree Highway Phoenix, AZ.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Freestanding retail space with 1,200 square feet; Open floor plan; Built in 1987
