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Detached Retail Building
For Lease
$2,850/Mo Modified Gross

B-2538 E Mcdowell Rd, Phoenix, AZ 85003

C-2-zoned space offers an open layout, private restroom, and modified gross lease structure.

Space Size1,386 SF
Days on Market50

Property Features for B-2538 E Mcdowell Rd

General Information

Standard status Active
Size 1,386 SF
Net Rentable 1,386 SF
Zoning C-2
Lease Type Modified Gross

Space & Availability

Available Space 1,386 SF
Contiguous Space 1,386 SF
Space Use Office

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $8,413

Amenities

open floor plan
private restroom

Building Details

Building Size 1,386 SF
Tenancy Single
Listing Agency: Kosh Realty
Listed By: Nishel Badiani · License #SA563834000
Source: Exprealty
Added: Jul 23 Changed: Sep 7 Last Checked: Sep 9 at 8:54PM

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 Kosh Realty

Investment Insights

Based on property information with market context.

This approximately 1,386-square-foot detached commercial building is available for lease with an open floor plan and private restroom. The property occupies a rear position on a shared commercial parcel with an established laundromat. C-2 zoning supports retail, office, service, and other commercial uses subject to City approval.

The property is near 24th Street and McDowell Road in East Phoenix, with access to SR-51, Loop 202, and Downtown Phoenix. The lease is structured as modified gross. The tenant is responsible for electricity, internet, business-specific improvements, and any required permitting.

Key Highlights

  • Approximately 1,386 SF detached commercial building
  • C‑2 zoning with retail, office, service, and commercial use potential subject to City approval
  • Open floor plan with private restroom

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Mobile Phone Store Fish Market

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,773
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

$17.84 /SF/Yr
Avg Asking Price
$1.19–$32 /SF/Yr
Price Range
6,213 SF
Avg Space Size

This space is priced 38% above the average of $17.84 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - C-2-zoned space offers an open layout, private restroom, and modified gross lease structure.
Where is this retail space located?
The property is located at B-2538 E Mcdowell Rd Phoenix, AZ.
What is the lease rate?
The lease rate is $2,850/Mo.
What are key features of this property?
This property features: Approximately 1,386 SF detached commercial building; C‑2 zoning with retail, office, service, and commercial use potential subject to City approval; Open floor plan with private restroom
More about this property
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