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29403971
29403948

5233 S Central Ave, Phoenix, AZ 85040

BZ
AZ AZ BR044331000
R.O.I. Properties
AG
AZ SA698660000
R.O.I. Properties
RN
AZ SA687040000
R.O.I. Properties
Listed by R.O.I. Properties
$3,795,000
128 days on market
Updated 38 days ago
Opportunity zone

5217 - 5233 S Central Ave

Details
APN 113-42-047-M
Property Type Retail
Sub Type Shopping Center
Square Footage 24,660
Price per SqFt $154
Class B
Year Built 1986
Year Renovated 2022
Acreage 2.290

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

Listing Contacts

BZ
AZ AZ BR044331000
R.O.I. Properties
AG
AZ SA698660000
R.O.I. Properties
RN
AZ SA687040000
R.O.I. Properties
Listed by R.O.I. Properties

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Additional Information

Name
Beth Jo Zeitzer
License
AZ BR044331000
Name
Aaron Gutierrez
License
SA698660000
Brokerage
R.O.I. Properties
Title
Commercial Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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