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    1st St & Madison St Phoenix, AZ 85003

    For Lease
    Contact for pricing

    13,500 SF Retail Space Available

    Lot size:
    13,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 13,500-square-foot retail space is ideally situated at the prominent intersection of 1st Street and Madison Street in Phoenix, Arizona. Located in Maricopa County, this single-tenant property presents a unique opportunity for businesses seeking a high-visibility location within a thriving commercial area. The entire building is currently vacant, offering a blank canvas for a prospective tenant to customize the space to perfectly suit their operational needs. The property's substantial size allows for a wide range of retail concepts, from large-format stores to multi-use spaces. Its prime location ensures high foot traffic and excellent brand exposure. The address, 1st Street and Madison Street, Phoenix, AZ 85003, offers easy access for customers and employees alike, with convenient access to major transportation routes. This is a rare opportunity to secure a significant retail presence in a highly desirable area of Phoenix. The property is classified as Commercial Retail and is ready for immediate occupancy. The building's total square footage is 13,500 square feet, all of which is currently available for lease. This presents a significant opportunity for a business seeking a substantial and highly visible location in a dynamic market. Contact us today to learn more about this exceptional retail property.

    Property Features for 1st St & Madison St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,500 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    13,500 SF

    HighLights

    • ±13,500 SF available for lease, plus potential basement space.
    • 1 West Madison Street redevelopment opportunity available.
    • Activated alley with seating area.
    • Patio space available.
    • Historic Warehouse District building reuse opportunity.
    • Proximity to light rail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0789355
    Latitude
    33.4495511

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    FAQs

    What type of property is this?
    Retail property - 13,500 SF Retail Space Available
    Where is this retail property located?
    The property is located at 1st St & Madison St Phoenix, AZ.
    What are key features of this property?
    This property features: ±13,500 SF available for lease, plus potential basement space.; 1 West Madison Street redevelopment opportunity available.; Activated alley with seating area.
    Request Owner's contact information
    1st St & Madison St Phoenix, AZ 85003
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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
    1st St & Madison St Phoenix, AZ 85003
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