5233 S Central Avenue, Phoenix, AZ 85040 - MLS #6975059

images$3,795,000 images******** Beds

images******** Bath images24,660 sqft images1986

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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.

Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Retail; Other
Construction: Stucco
Roofing: Tile
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Heating: See Remarks
Cooling: Central Air
Loading Facilities: None
Interior Features: Private Restrooms; Other (See Remarks)
Exterior: Other (See Remarks)
Fencing: None
Building Features: Security Gate
Parking Features: Parking Lot
Electric: Other (See Remarks)
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Other
Source of Fincl Data: Owner; Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear; Other (See Remarks)
Road Surface Type: Asphalt
Use Restrictions: Other (See Remarks)
Environmental: None
Contract Info
Current Price: $3,795,000
List Price: $3,795,000
Status: Active
List Date: 2026-01-14
Ownership: Fee Simple
House Number: 5233
Compass: S
Street Name: Central
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
County Code: Maricopa
Subdivision: Roeser Plaza
Assessor Number: 113-42-047-M
Tax Year: 2025
General Property Description
Type of Property: Multi Tenant Retail
Ttl Apx SqFt Bldg: 24660
Ttl Apx Net Rnt Spc: 900
# of Buildings: 1
Year Built: 1986
Uncvrd Parking Spcs: 38
Zoning: C-2
Remarks Misc
Cross Street: Central & Roeser
Directions: 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.
Geo Lat: 33.398628
Geo Lon: -112.072602
Lot Number: -
Income Expenses
Net Operating Income: 240917
Showing Notification Methods
Showing Service: No Showing Service Used
Contact Info
List Agent Home Phn: 602.881.4724
List Agent Hme Phn 2: 602.881.4724
List Agent Cell Phn2: 602.881.4724