5130 19th Ave Phoenix, AZ 85015-3222

Property Details for 5130 19th Ave

Year built

1985

Construction

CONCRETE

Lot size

1.12 lot acres

Property size

15,558 SF

Zone code

C-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

153-24-088D

APU

15324088D

Description

This single-story, 15,558 square foot neighborhood shopping center presents a compelling investment opportunity in Phoenix, Arizona. Located at 5130 N 19th Ave, on the southwest corner of 19th Avenue and Colter Street, just north of Camelback Road, this property boasts high visibility and convenient access. Built in 1988, the center comprises eleven suites, with two currently vacant, totaling 2,028 square feet. The vacant spaces range in size from 988 to 1,040 square feet, offering flexibility for various retail uses. The property sits on a 1.12-acre lot (APN 153-24-088D) and benefits from its established location within a thriving retail corridor. The property's single-building design simplifies management and maintenance. This is an excellent chance to acquire a well-situated retail center with potential for immediate income generation and future appreciation. The property's strong location and existing tenant base make it an attractive investment for both seasoned and emerging investors seeking a stable and growing asset in a dynamic market. The available suites provide an opportunity to increase occupancy and rental income. This property offers a blend of established tenancy and immediate leasing potential.