Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1140 Washington St Phoenix, AZ 85034

    For Lease
    Contact for pricing

    Prime Retail, 1979 SF, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1,979 square foot retail space is ideally situated in the heart of Downtown Phoenix, Arizona, at 1140 E Washington St, zip code 85034. The property offers a single-tenant occupancy in a vibrant and densely populated area. Its strategic location within The Ragsdale, a 266-unit residential development, ensures a built-in customer base. The property benefits from unparalleled accessibility, being adjacent to the westbound light rail station and a short half-block walk from the eastbound station, guaranteeing high foot traffic and visibility. This prime location is further enhanced by its proximity to well-established neighborhoods, with a population of 111,696 people within a 3-mile radius, boasting an average household income of $83,615. This presents a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing urban environment. The property is classified as retail in Maricopa County, Arizona. This single-tenant space provides an excellent opportunity for a variety of retail businesses to thrive in this dynamic location. The property's convenient access to public transportation and its proximity to a large residential community make it an attractive investment.

    Property Features for 1140 Washington St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 1,979 SF retail space at 1140 E Washington St, Phoenix, AZ 85034.
    • Single‑tenant occupancy in a high‑traffic area.
    • Located within The Ragsdale, a 266‑unit residential development.
    • Excellent accessibility; adjacent to light rail.
    • Strong demographics: 111,696 people within 3 miles, $83,615 average household income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ashley LeMieux Clothing Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0575576
    Latitude
    33.4485823

    Nearby Similar for Lease

    • $19 SF/Yr
      4,792 SF

      Phoenix Office/Medical Office Building

      Commercial office/medical building with great visibility and secured parking.
      2101 W Bethany Home Rd, Phoenix, AZ 85015
      View Details
    • $2,695 /Mo
      1,360 SF

      Arcadia Townhome with Modern Luxury

      Two-bedroom townhome in Arcadia, built in 2021, spanning 1,360 square feet.
      6115 E Hollyhock St, Phoenix, AZ 85018
      View Details
    • $26 SF/Yr
      1,286 SF

      Phoenix Retail Space For Lease

      Multi-tenant retail property in a dominant Phoenix retail corridor.
      2441 E Indian School Rd, Phoenix, AZ 85016
      View Details
    • Contact for pricing
      4,154 SF

      Retail Space in Market Place

      Retail space available in a vibrant Phoenix shopping center.
      111-217 E Dunlap Ave, Phoenix, AZ 85020
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Market Place

      Retail space with high foot traffic near Sunnyslope High.
      17 E Dunlap Ave, Phoenix, AZ 85020
      View Details
    • Contact for pricing
      221,836 SF

      Premier Office Space in Phoenix

      Class A office building in the Camelback Corridor.
      2415 E Camelback Rd, Phoenix, AZ 85016
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Retail, 1979 SF, High Traffic
    Where is this retail property located?
    The property is located at 1140 Washington St Phoenix, AZ.
    What are key features of this property?
    This property features: 1,979 SF retail space at 1140 E Washington St, Phoenix, AZ 85034.; Single-tenant occupancy in a high-traffic area.; Located within The Ragsdale, a 266-unit residential development.
    Request Owner's contact information
    1140 Washington St Phoenix, AZ 85034
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1140 Washington St
    Phoenix, AZ 85034
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1140 Washington St Phoenix, AZ 85034
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.