801 1st Ave Phoenix, AZ 85003-1401
This exceptional Class A retail space, located at 801 N 1st Ave in Phoenix, Arizona, offers a unique opportunity within a vibrant urban mixed-use development. The property, built in 2023, boasts a total of 24,556 square feet, currently entirely vacant and ready for immediate occupancy. The space is divisible to a minimum of 5,500 square feet and offers a maximum contiguous space of 6,740 square feet, ideal for a variety of retail concepts. Situated in Maricopa County, with a zip code of 85003, this two-story building is part of a larger development encompassing a 23-story residential high-rise and a 5-story mid-rise. The development includes 388 residential units, creating a built-in customer base for retail tenants. The existing retail space includes the 6,500 square foot McKinley Medical Building, ensuring a strong foundation for the development's retail component. The remaining 5,500 square feet of street-level retail space, envisioned for restaurants and boutique shops, provides an excellent opportunity to establish a presence in a thriving urban environment. This property presents a rare chance to secure prime retail space in a brand-new, high-profile development in the heart of Phoenix. The address is 801 N 1st Ave, Phoenix, AZ 85003.
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Budoff & Ross Law Firm
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Terribile Michael Law Firm
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Lorenz Law Firm, P.C. Law Firm
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Peterson Tonya J Law Firm
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The Summit Consulting Group Inc. Consultant
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-GTWY · 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.