Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Strip malls

    4105 N 51St Ave, Phoenix, AZ 85031

    5,119 SF 10.05 ac lot Built 1955
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US07-1363489
    Property summary
    AI-generated overview

    Maryvale Terrace, located at 4105 N. 51st Avenue, Phoenix, AZ 85031, presents a unique opportunity for retail businesses seeking high visibility and strong foot traffic. This multi-tenant retail center boasts a total of 111,937 square feet, offering spaces ranging from a minimum of 2,160 square feet to a maximum contiguous space of 2,892 square feet. Currently, 2,892 square feet of retail space is immediately available. The property is strategically situated in Maricopa County, across from a Walmart Supercenter at the northeast corner of West Indian School Road and North 51st Avenue, benefiting from the significant traffic generated by this major anchor tenant. Peter Piper Pizza also anchors the center, further enhancing its appeal and drawing customers. The location enjoys high traffic counts and a substantial Hispanic demographic, presenting a compelling market for businesses targeting this population. This prime retail space offers excellent visibility and accessibility, making it an ideal location for a variety of retail ventures. The property's size and layout provide flexibility for businesses of varying sizes, with ample space to accommodate diverse needs. Don't miss this chance to establish your business in a thriving retail environment.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1955
    Construction CONCRETE
    Total area 5,119 SF
    Lot 10.05 ac (437,839 SF)
    Zoning code C-2
    APN 145-24-118
    UPID US07-1363489
    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
    • A&K'S BARBER SHOP Barber Shop
    • Oronys Beauty & Barber Barber Shop
    • ANWAR ASIAN MART LLC (Bike/Boat/Book/etc) Store Grocery & Convenience Store
    • Nabil N Fehmi Dental Office
    • Happy Beauty (Bike/Boat/Book/etc) Store Cosmetic Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.36M
    Blend (final) Blend
    $2.23M
    Owner & transaction history
    General Parts Distribution LLC · 2 yrs held
    General Parts Distribution LLC
    since 2023
    6 recorded transactions
    2023
    2020
    2008
    2005
    2005
    1969
    Zoning & alternative use
    C-2 · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $3.6M +173.6%
    Restaurant $2.7M +109.8%
    Auto repair, garage $2.2M +66.0%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message