45 W Jefferson St Phoenix, AZ 85003
This exceptional retail opportunity is located in the historic Luhrs City Center in downtown Phoenix, Arizona. Situated at 45 W Jefferson St, zip code 85003, this Class A property boasts a prime location within Maricopa County. Built in 1924, the Luhrs City Center is a landmark building, recognized on the Phoenix Historic Property Register. The building features a total of 3976 parking spaces, providing ample convenience for customers and employees. Currently, there is 5,293 square feet of vacant retail space available, suitable for a variety of uses, including restaurants. The available space ranges from 3,760 to 3,764 square feet. The building is a 19-story structure, offering excellent visibility and accessibility. This is a rare chance to secure a space in a prestigious, historically significant building in the heart of Phoenix's vibrant downtown area. The property's rich history and prime location offer unparalleled potential for a successful business venture. The multiple tenancy structure provides a dynamic and diverse environment. Don't miss this opportunity to establish your business in a landmark Phoenix location.
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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
DTC-BCORE · 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.