|Price/Rent PSF||$ 1,250,000.00|
|SQ. FT. Available||5,177|
The property is located in the heart of Midtown Phoenix along the 7th St. corridor. The property is offers convenience to both the 51 and I-10 Freeways and is close proximity to amenities rich pockets such as Downtown Phoenix and the Central Corridor. This submarket is experiencing major redevelopment including driving new retail and restaurant operators as well as a high influx of development of new high end luxury apartment communities. Just a mile west of the subject property, the iconic Park Central Mall is undergoing a complete renovation that has attracted the likes of Creighton University within its larger plan for an entertainment district.
The subject property consists of a 5,177 SF building situated on 0.62 acres of land. With a C-2 zoning, this site situates nicely for a wide variety of end users including great potential for office and medical office users as well as retail and restaurant redevelopment concepts. The building offers visibility directly to 7th St. with a traffic count upwards of 37,000 vehicles per day.