Properties
Phoenix, AZ 85040 5233 S Central Avenue
$3,575,000
Presented By: R.O.I. Properties; 602-615-1908
SQFT • 24,660
Home Details
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.
Presented By: R.O.I. Properties; 602-615-1908
Interior Features for 5233 S Central Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringConcrete
Heating Y/NNo
General for 5233 S Central Avenue
Attached Garage No
Building FeaturesSecurity Gate
Business TypeOther, Retail
Cap Rate6.74
Carport Y/NNo
CityPhoenix
Construction MaterialsStucco
CoolingCentral Air
CountyMaricopa
DirectionsHead 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.
DisclosuresNone
ElectricOther (See Remarks)
Gross Income0.0
HeatingSee Remarks
Leasable Area900.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet99836.0
Lot Size UnitsSquare Feet
MobileHomeRemainsYNNo
Net Operating Income240917.0
New ConstructionNo
Occupancy TypeVacant
Open Parking Spaces38.0
Operating Expense31337.0
OwnershipFee Simple
OwnershipFee Simple
Property TypeComm/Industry Sale
Rent Control Y/NNo
RoofTile
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeOther (See Remarks), Commercial
Subdivision NameRoeser Plaza
Tax Annual Amount31337.0
Tax Lot-
Tax Year2025
Year Built1986
ZoningC-2
Exterior for 5233 S Central Avenue
Covered Spaces0.0
Crops Included Y/NNo
FencingNone
Irrigation Water Rights Y/NNo
Lot Size Acres2.29
Lot Size Area99836.0
Number of Buildings1
Parking FeaturesParking Lot
Road Surface TypeAsphalt
SpaNo
Total Parking38.0
Water SourceCity Franchise
Additional Details
Price History
