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Katrina Golikova

kg@aziquehomes.com

$ 3,795,000

Est. payment -/mo

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New

5233 S Central Avenue Phoenix, AZ 85040

2.29 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Roeser Plaza

MLS Listing ID 6975059

Year Built 1986

Annual Tax Amount $31,337

Tax Year 2025

Lot Size 2.292 Acres

Acres 2.29

Source Arizona Regional Multiple Listing Service (ARMLS)

Property 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.

Location

State AZ

County Maricopa

Community Roeser Plaza

Area Maricopa

Zoning C-2

Direction Head E on I-17 S. Take 7th Ave and turn right. Turn left onto W Roeser Rd. Turn right onto S Central Ave. Destination on left.

Interior

Heating See Remarks

Cooling Central Air

Flooring Concrete

Exterior

Parking Features Parking Lot

Fence None

Roof Type Tile

Private Pool No

Building

Dwelling Type Other (See Remarks),Commercial

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 113-42-047-M

Disclosures None

Listed by R.O.I. Properties