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INVESTMENT HIGHLIGHTS
- Former Restaurant - Grease Trap, Hood, and Walk-In
- Dynamic trade area with over 74,000 VPD thru intersection
- 1.2 miles to 51 Freeway
- Billboard Income Included
- Strong Demographics and Dense Population
EXECUTIVE SUMMARY
This compelling opportunity offers a +/- 3,446 SF former restaurant space located just East of the NEC at Northern Avenue and 12th Street in Phoenix, Arizona, within the vibrant Sunnyslope trade area. The property benefits from outstanding visibility and access, with traffic counts exceeding 75,700 cars per day at the intersection of Northern Avenue (44,921 CPD) and 12th Street (30,789 CPD). Positioned just 1.2 miles from State Route 51, the site provides convenient connectivity to the broader Phoenix metropolitan area.
A dense population base and robust consumer demographics characterize the immediate trade area. Within a three-mile radius, the population exceeds 111,813 residents across more than 50,977 households, supported by an average household income of $130,973. Daytime employment within the same radius surpasses 48,426, further strengthening the area’s retail and dining demand.
A dense population base and robust consumer demographics characterize the immediate trade area. Within a three-mile radius, the population exceeds 111,813 residents across more than 50,977 households, supported by an average household income of $130,973. Daytime employment within the same radius surpasses 48,426, further strengthening the area’s retail and dining demand.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Building Size
3,446 SF
Building Class
C
Year Built
1970
Building Height
1 Story
Building FAR
0.29
Lot Size
0.27 AC
Zoning
C-2 - C-2
Frontage
300’ on Northern Ave
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $12,890 | Total Assessment | $62,312 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$12,890
Improvements Assessment
$0
Total Assessment
$62,312
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1212 E Northern Ave
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