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Retail Space in Mixed-Use Development
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801 N 1st Ave, Phoenix, AZ 85003

Retail space available in new Class-A urban mixed-use development.

Property Size12,000 SF
Days on Market1091

Property Features for 801 N 1st Ave

General Information

Standard status Active
Size 12,000 SF
Property subtype Retail

Building Details

Year Built 2023
Listing Agency: Western Retail Advisors
Listed By: Jase Acker · License #SA718927000
Source: Crexi
Added: Aug 5, 2023 Changed: Jul 10 Last Checked: Jul 30 at 6:30AM

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 Western Retail Advisors

Investment Insights

Based on property information with market context.

Retail space is available within a new Class-A urban mixed-use development. This development features a 23-story residential high-rise connected to a 5-story mid-rise. The project includes 388 residential units. The development offers 12,000 square feet of retail space on the first floor. This includes the original 6,500 square foot McKinley Medical Building, located on the southeast portion of the site. An additional 5,500 square feet of street-level retail space is available underneath the mid-rise portion of the project. This space is envisioned to accommodate restaurants and boutique shops.

Key Highlights

  • Located in a new Class‑A urban mixed‑use development.
  • Features 12,000 SF of retail space on the first floor.
  • Part of a project with 388 residential units.

Property Analytics

Current Use

Budoff & Ross Law Firm Terribile Michael Law Firm Lorenz Law Firm, ... Law Firm Peterson Tonya J Law Firm The Summit Consulting Group ... Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Wine and Liquor Store Veterinary Clinic Locksmith Adult Day Care Acupuncture

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

Location Intelligence

Trade Area within ½ mile

3,966
Businesses Nearby

Demographics for 85003, AZ

11,042
Population
6,117
Households
1.8
Avg Household Size
37
Median Age
45%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
5,812
Density / Sq Mi
$56,672
Median Household Income
$55,122
Median Earnings
$1,258
Median Rent
$577,700
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$16.83 /SF/Yr
Avg Asking Price
$0.69–$50 /SF/Yr
Price Range
10,319 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in new Class-A urban mixed-use development.
Where is this retail space located?
The property is located at 801 N 1st Ave Phoenix, AZ.
What are key features of this property?
This property features: Located in a new Class‑A urban mixed‑use development.; Features 12,000 SF of retail space on the first floor.; Part of a project with 388 residential units.
More about this property
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