0 48Th St, Phoenix, AZ 85044
This exceptional 16,000 square foot retail outparcel/pad in Maricopa County presents a prime opportunity for multiple tenants. Located in a high-traffic area with excellent visibility and access from I-10 via Ray Road, this property boasts approximately 60 feet of frontage and 268 feet of depth. The space is currently entirely vacant and can be subdivided to accommodate various business needs. Benefit from a premium corner location anchored by prominent national retailers, Target and Hobby Lobby, ensuring high foot traffic and brand recognition. Monument signage is available, providing excellent branding opportunities for tenants. This property is ideal for businesses seeking high visibility and accessibility in a thriving Ahwatukee retail corridor. The property type is retail, specifically an outparcel/pad, and is suitable for multiple tenants. The building's total square footage is 16,000 square feet, all of which is currently vacant. This presents a unique chance to establish a significant retail presence in a desirable location. The property's strategic placement ensures maximum exposure to a large customer base.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.