Property summary
Union Plaza, a thriving grocery-anchored shopping center in Phoenix, Arizona, presents a prime retail opportunity. This 98,701 square foot center, built in 1977 and renovated in 2007, boasts a strong tenant mix including a 56,594 square foot Fry's Food & Drug as its anchor. Additional national tenants such as Ace Hardware, Great Clips, Little Caesar's Pizza, H&R Block, and Cricket Wireless contribute to a robust and stable occupancy. Currently, 5,700 square feet of retail space is available, ideal for a variety of businesses. One space of 2,500 square feet is immediately available. Located at 18402 N 19th Ave, Phoenix, AZ 85023, the center benefits from a highly trafficked intersection and exceptional demographics. The surrounding area within a 3-mile radius is densely populated, with over 145,000 residents and an average household income exceeding $75,000, providing a strong customer base. This property offers a unique chance to establish a presence in a well-established and successful retail center within a high-demand market in Maricopa County. The property's strong anchor tenants and location in a densely populated area with high household incomes make it an attractive investment opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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HVAC Service General Contractor
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Landscaping General Contractor
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Marketing & Advertising
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General Contractor Renovation Specialist
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Courier Service Postal Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Phoenix, AZThe purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Phoenix, AZ.
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