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    2nd St & Mckinley St Phoenix, AZ 85004

    For Lease
    Contact for pricing

    1,642 SF Single-Tenant Retail

    Lot size:
    1,642 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail property, located at the Northwest corner of 2nd Street and McKinley Street in Phoenix, Arizona (zip code 85004), presents a unique investment opportunity. The property boasts a total of 1,642 square feet of commercial space, currently vacant and ready for immediate occupancy. The building is a single-tenant structure, offering complete control and flexibility for the new owner or tenant. Situated in Maricopa County, this two-story building provides ample space for a variety of retail uses. The address is specifically identified as the Northwest corner of the intersection, offering high visibility and accessibility for customers. The property's location within Phoenix ensures a strong potential customer base, given the city's vibrant economy and growing population. With its convenient location and substantial square footage, this property is ideal for businesses seeking a prominent presence in a bustling urban area. The entire 1,642 square feet is available, providing a blank canvas for a new business to establish its footprint. This is a single-building property, simplifying management and ownership. The property's strategic location at a major intersection promises high foot traffic and excellent visibility. This presents a rare opportunity to acquire a fully vacant, single-tenant retail space in a prime Phoenix location. Serious inquiries are encouraged.

    Property Features for 2nd St & Mckinley St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,642 SF

    Building Details

    Buildings
    1
    Stories
    21

    Unit(s) available at that property

    Space
    Available space
    Size
    1,642 SF

    HighLights

    • 1,642 SF vacant retail building at NW corner of 2nd & McKinley Streets, Phoenix, AZ 85004.
    • Prime location in Phoenix's vibrant Roosevelt Row Arts District.
    • Situated south of I‑10 and north of I‑17, offering excellent accessibility.
    • Close proximity to ASU (12,200 students), Hance Park, and numerous entertainment venues.
    • Walking distance to restaurants, bars, breweries, galleries, and studios.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0719056
    Latitude
    33.4565902

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    FAQs

    What type of property is this?
    Retail property - 1,642 SF Single-Tenant Retail
    Where is this retail property located?
    The property is located at 2nd St & Mckinley St Phoenix, AZ.
    What are key features of this property?
    This property features: 1,642 SF vacant retail building at NW corner of 2nd & McKinley Streets, Phoenix, AZ 85004.; Prime location in Phoenix's vibrant Roosevelt Row Arts District.; Situated south of I-10 and north of I-17, offering excellent accessibility.
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    2nd St & Mckinley St Phoenix, AZ 85004
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    Phoenix, AZ 85004
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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
    2nd St & Mckinley St Phoenix, AZ 85004
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