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Property profile & analytics
FOR LEASE
Retail space

1555 N Dysart Rd Avondale, AZ 85323

2,168 SF 0.28 ac lot Built 2004
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US07-1865146
Property summary
AI-generated overview

This exceptional 3,000 square foot retail or restaurant space is ideally situated at the intersection of Dysart Road and McDowell Road in Avondale, Maricopa County, Arizona. The property sits on a substantial 129-acre lot and is zoned C-2 by the City of Avondale, allowing for a variety of commercial uses. Currently, the entire 3,000 square feet is available for lease as a single unit, presenting a unique opportunity for a business seeking high visibility and ample space. The location boasts significant advantages, including proximity to well-established neighborhoods with a median income exceeding $67,000 within a 3-mile radius. Its strategic placement less than a quarter-mile from the full-diamond interchange at Dysart Road and Interstate 10 ensures excellent accessibility and high traffic volume. Furthermore, the property benefits from its close proximity to Abrazo West Campus, employing 1,027 individuals, providing a substantial potential customer base. The development of Goodyear's new 129-acre Wellspring Park directly across Dysart Road, north of I-10, promises further growth and increased foot traffic in the area, enhancing the long-term value and appeal of this prime commercial property. This is a rare opportunity to establish a business in a thriving and rapidly developing area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Construction CONCRETE
Total area 2,168 SF
Lot 0.28 ac (12,112 SF)
Zoning code C-C
APN 500-02-002S
UPID US07-1865146
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • Palmilla Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$876k
Blend (final) Blend
$895k
Owner & transaction history
Faraji Enterprises LLC · 4 yrs held
Faraji Enterprises LLC
since 2022
Last sale
$925,000
7 recorded transactions
2022
$925,000
2022
Price N/A
2016
Price N/A
2016
$360,000
2003
$360,000
1997
$175,000
1991
$151,250
Zoning & alternative use
C-C · Avondale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
Top alternative use upside
Auto repair, garage $965,000 +82.7%
Neighborhood: shopping center $685,000 +29.9%
Medical building $550,000 +4.8%
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More about this property
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