5233 S CENTRAL AVE, PHOENIX, AZ 85040 For Lease

Roeser Plaza, located at 5217–5233 South Central Avenue, presents a compelling opportunity to acquire a well-positioned strip center within a dense, urban infill corridor of Phoenix. The property benefits from premium frontage along Central Avenue, close proximity to Downtown Phoenix, and a strong residential base of over 20,000 residents within a one-mile radius. The center is surrounded by established single-family and multifamily neighborhoods, with additional density planned through nearby multifamily and mixed-use developments. Notably, the northeast corner of Central Avenue and Roeser Road is slated for high-density zoning, with a prominent developer planning more than 160 residential units, while the City of Phoenix has rezoned a city-owned parcel at the southeast corner of Central Avenue and Broadway Road for future mixed-use development.