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12th St & Washington St Phoenix, AZ 85034

OFF-MARKET Retail properties & Spaces Google Maps
1,979 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional retail property, located at the highly visible intersection of 12th Street and Washington Street in Phoenix, Arizona, presents a unique investment opportunity. The entire 1,979 square foot building is currently vacant, offering a blank canvas for a discerning buyer to create their ideal commercial space. Situated in Maricopa County, this property boasts a prime location within the vibrant Phoenix market, ensuring high visibility and accessibility for potential customers. The multiple tenancy designation allows for flexibility in lease arrangements, catering to a variety of business models. The property's address is 12th St & Washington St, Phoenix, AZ 85034, offering easy access to major transportation routes and a dense population base. The building's size provides ample space for a wide range of retail uses, from a single large tenant to multiple smaller businesses. This is a rare opportunity to acquire a fully vacant, sizable retail space in a desirable Phoenix location. The property is being offered for sale, presenting a chance to capitalize on the growing Phoenix market and establish a strong presence in a high-traffic area. The property's size and location make it an ideal investment for both established businesses seeking expansion and entrepreneurs looking to launch a new venture. This is a turnkey opportunity to own a significant retail space in a thriving urban environment.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,979 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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