5217 - 5233 S Central Ave
Retail | 24,660 SqFt
Marketing description
This infill value add strip center is positioned in a dense, high demand location and is comprised of in demand small shop suites well suited for local and national users. The center features an anchor tenant, Family Dollar, at a low and replaceable rental rate, creating flexibility and long term upside. Offered at an attractive basis with a low price per square foot, the property presents strong potential to increase value through lease up of existing vacancies. The site benefits from prime corner frontage with approximately 31,000 vehicles per day, strong transit access, and consistent traffic exposure. The surrounding trade area includes over 20,500 residents within one mile and is further supported by planned multifamily development nearby. The property is conveniently located within four to five miles of both Downtown Phoenix and Interstate 10, enhancing accessibility and tenant appeal.
Investment highlights
Dense area - 20,502 residents within 1 mile
5217-5233 S Central Ave - Roeser Plaza
Strong transit and traffic exposure
Surrounded by planned multifamily
4 to 5 miles to both downtown and the I-10
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