2511 W Indian School Rd Phoenix, AZ 85017
For Lease
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This exceptional investment opportunity presents a vacant, 7,830-square-foot freestanding retail building located at 2511 W Indian School Rd, Phoenix, AZ 85017. The property, built in 1976, boasts a prominent location with excellent visibility from Indian School Road and I-17, thanks to its monument signage. Classified as a Class C property, it's zoned C-3, Phoenix, offering considerable flexibility for a variety of retail uses. The building is currently vacant, presenting a blank canvas for a new owner/user or an investor seeking to lease the space. The property features an Absolute NNN lease type, minimizing landlord responsibilities. With a single tenancy, management is simplified. The asking price is $1,450,000. The property's Assessed Parcel Number (APN) is 110-01-001E. This is a rare chance to acquire a well-situated, freestanding retail building in a high-traffic area of Phoenix, ideal for owner-occupancy or investment purposes. The substantial square footage and prime location make this an attractive proposition for businesses seeking high visibility and accessibility. The vacant status allows for immediate customization and occupancy to suit the buyer's specific needs. This is a strong investment opportunity in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
C-G · Phoenix, AZPhoenix. Always verify with local authorities before improvements.
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.