Central and Osborn Retail
Rare opportunity to acquire 2.83 acres of land anchored by two established retail buildings
Marketing description
Bernstein Murphy is pleased to be the exclusive advisor for the disposition of the NWC of Central Avenue and Osborn Road in Phoenix, Arizona- an exceptional covered land / future redevelopment opportunity on one of Midtown Phoenix's premier intersections. Under current ownership since development in 1995, the offering presents a rare chance to acquire 2.83 acres of land anchored by two established retail buildings positioned on a highly visible intersection. Benefiting from exceptional frontage, strong traffic counts, and a strategic location within one of the city’s most dynamic growth corridors, the properties present a rare chance to acquire a landmark retail asset with enduring value. Its corner positioning, immediate proximity to the Valley Metro Light Rail, and redevelopment potential make it a compelling investment in a market where premier corners are increasingly scarce.
Investment highlights
- Central & Osborn offers potential investors the opportunity to acquire a legacy corner with future redevelopment potential.
- The property sits directly on the Valley Metro Light rail line. The system connects major destinations throughout the Phoenix metropolitan area.
- The intersection is within the Midtown corridor, an area known for office towers, medical centers, and walkable urban neighborhoods.
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