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    16th St & Baseline Rd Phoenix, AZ 85042

    For Lease
    Contact for pricing

    33,385 SF Single-Tenant Retail Building

    Lot size:
    33,385 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 33,385-square-foot retail property is ideally situated at the intersection of 16th Street and Baseline Road in Phoenix, Arizona, within the bustling South Mountain community. The property boasts a highly visible location along the Baseline Road corridor, experiencing over 150,000 vehicles daily, ensuring significant exposure for your business. Its strategic placement offers unparalleled access to a substantial consumer base. The building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. The C-2 zoning allows for a wide range of commercial uses, providing flexibility for various business models. The property's proximity to South Mountain Community College, with its over 15,000 students, creates a ready-made customer pool. Furthermore, its adjacency to established businesses like Quik Trip and Cobblestone Auto Spa provides added convenience and synergy for potential tenants. Located in Maricopa County, Arizona, with a zip code of 85042, this property offers a compelling investment opportunity in a high-traffic area with strong demographics. The entire 33,385 square feet is available for lease. Contact us today to discuss leasing options and pricing.

    Property Features for 16th St & Baseline Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,385 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    33,385 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0473595
    Latitude
    33.3778395

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    FAQs

    What type of property is this?
    Retail property - 33,385 SF Single-Tenant Retail Building
    Where is this retail property located?
    The property is located at 16th St & Baseline Rd Phoenix, AZ.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16th St & Baseline Rd Phoenix, AZ 85042
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