Search
Strip Center with National Anchors
For Sale
Contact for pricing

5217-5233 South Central Avenue Phoenix, Phoenix, AZ 85040

Roeser Plaza is a Central Avenue strip center anchored by Dairy Queen, Family Dollar/Dollar Tree, Subway, and Total by Verizon.

Property SizeContact for details
Days on Market113

Property Features for 5217-5233 South Central Avenue Phoenix

General Information

Standard status Active
Property subtype Retail
Zoning C-2
Occupancy 76%
Net Operating Income $212,566
Listing Agency: R.O.I. Properties
Listed By: Beth Jo Zeitzer · License #AZ BR044331000
Source: Crexi
Added: Apr 22 Changed: Aug 8 Last Checked: Aug 12 at 5:09AM

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

Investment Insights

Based on property information with market context.

Roeser Plaza is a retail strip center featuring prominent frontage along South Central Avenue. The tenant roster includes Dairy Queen, Family Dollar/Dollar Tree, Subway, and Total by Verizon. The property also includes in-place vacancies.

Located at 5217–5233 South Central Avenue in an urban infill corridor of Phoenix, the center is described as close to Downtown Phoenix and surrounded by established single-family and multifamily neighborhoods. The remarks note additional density planned through nearby multifamily and mixed-use developments.

The northeast corner of Central Avenue and Roeser Road is slated for high-density zoning, with a developer planning more than 160 residential units, and the City of Phoenix has rezoned a city-owned parcel at the southeast corner of Central Avenue and Broadway Road for future mixed-use development. The property also benefits from vehicular visibility and pedestrian traffic, supported by nearby transit infrastructure and a recently completed light rail extension.

Key Highlights

  • Roeser Plaza strip center at 5217–5233 S Central Ave in Phoenix
  • Anchored by national tenants including Dairy Queen, Family Dollar/Dollar Tree, Subway, and Total by Verizon
  • Premium frontage on S Central Ave with visibility to vehicular and pedestrian traffic

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Travel Agency Tanning Salon Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,241
Businesses Nearby

Demographics for 85040, AZ

33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value

Market

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

Frequently Asked Questions

What type of property is this?
Strip mall - Roeser Plaza is a Central Avenue strip center anchored by Dairy Queen, Family Dollar/Dollar Tree, Subway, and Total by Verizon.
Where is this strip mall located?
The property is located at 5217-5233 South Central Avenue Phoenix Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Roeser Plaza strip center at 5217–5233 S Central Ave in Phoenix; Anchored by national tenants including Dairy Queen, Family Dollar/Dollar Tree, Subway, and Total by Verizon; Premium frontage on S Central Ave with visibility to vehicular and pedestrian traffic
(602) 319-1326 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message