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    3121 3Rd Ave Phoenix, AZ 85013

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, multiple tenants.

    Lot size:
    39,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at Park Central on Central Avenue in Maricopa County. The property boasts a total of 39,000 square feet, currently housing multiple tenants. A prime 2,835 square foot endcap space, ideal for a restaurant, is immediately available. This high-visibility location offers significant potential for businesses seeking exposure to a substantial customer base. The property's classification as both retail and restaurant space reflects its versatility and suitability for a range of commercial ventures. The existing tenant mix provides a strong foundation for a thriving retail environment. The available space presents a unique chance to establish a presence in a well-established commercial center with high foot traffic and excellent visibility. This is an exceptional opportunity for businesses seeking a prominent location on a major thoroughfare. The 2,835 square foot endcap space offers ample room for a restaurant or other retail establishment, with excellent potential for growth and success. Serious inquiries are encouraged to explore this prime commercial real estate opportunity. Contact us today to schedule a viewing and discuss the possibilities. The property's size and location make it an attractive investment for businesses seeking a strong foothold in a busy commercial area.

    Property Features for 3121 3Rd Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,835 SF

    HighLights

    • High‑traffic retail and restaurant space available in Maricopa County.
    • 39,000 total square feet.
    • Multiple tenancies available.
    • 2,835 square feet currently vacant.
    • Restaurant endcap space available on Central Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Park Central Business Center mood room Art Gallery Artlink Inc. Arts Organization

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Law Firm Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0770259
    Latitude
    33.4847491

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space, multiple tenants.
    Where is this restaurant located?
    The property is located at 3121 3Rd Ave Phoenix, AZ.
    What are key features of this property?
    This property features: High-traffic retail and restaurant space available in Maricopa County.; 39,000 total square feet.; Multiple tenancies available.
    Request Owner's contact information
    3121 3Rd Ave Phoenix, AZ 85013
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    Phoenix, AZ 85013
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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
    3121 3Rd Ave Phoenix, AZ 85013
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