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Two-Story Brick Storefront
For Lease
$20.70 SF/Yr

623 E Indian School Rd., Phoenix, AZ 85012

Two-story commercial space with signage potential and access to major regional routes.

Space Size1,320 SF
Property Size5,733 SF
Days on Market68

Property Features for 623 E Indian School Rd.

General Information

Standard status Active
Size 1,320 SF
Property subtype Retail
Lease Term MG

Building Details

Building Size 5,733 SF

Spaces For Lease

at 623 E Indian School Rd. Contact us

623 E. Indian School Rd. $20.70/SF/Yr

Size
1,320 SF
Term
Negotiable
Contact us
Listing Agency: LRA Real Estate Group LLC
Listed By: Bryan Mortensen · License #AZ #648243000
Source: Lrarealestate
Added: Jun 24 Changed: Aug 29 Last Checked: Aug 29 at 2:59PM

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 LRA Real Estate Group LLC

Investment Insights

Based on property information with market context.

This two-story brick commercial building offers a storefront-oriented configuration suited to professional retail or office use. Its position along Indian School Road provides street frontage, while the property presents an opportunity for business signage.

The building is located opposite the VA hospital and offers nearby connections to I-10 and SR 51. The surrounding corridor is described as carrying heavy traffic, adding exposure for occupants serving customers, clients, or visitors from the area.

Key Highlights

  • Two‑story brick commercial building
  • Street frontage along Indian School Road
  • Opposite the VA hospital

Property Analytics

Current Use

The Artery gallery Department Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Carpet & Flooring Store Butcher Plumbing 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

NNN (Triple Net)
Lease Type
$3.11 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,994
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85012, AZ

8,201
Population
5,269
Households
1.6
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
3,566
Density / Sq Mi
$80,242
Median Household Income
$57,228
Median Earnings
$1,693
Median Rent
$701,200
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$18.2 /SF/Yr
Avg Asking Price
$2.65–$34.1 /SF/Yr
Price Range
3,002 SF
Avg Space Size

This space is priced 14% above the average of $18.2 /SF/Yr.

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

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Frequently Asked Questions

What type of property is this?
Storefront property - Two-story commercial space with signage potential and access to major regional routes.
Where is this storefront property located?
The property is located at 623 E Indian School Rd. Phoenix, AZ.
What is the lease rate?
The lease rate is $20.70 SF/Yr.
What are key features of this property?
This property features: Two‑story brick commercial building; Street frontage along Indian School Road; Opposite the VA hospital
More about this property
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