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- LoopNet Team
1418 E McDowell Rd
Phoenix, AZ 85006
Property For Lease
HIGHLIGHTS
- High visibility street frontage retail.
- Growing Neighborhood with Banner Medical Campus & Established Restaurants
- Multi Tenant Retail & Office Center
- Located in an Opportunity Zone.
- Beautifully Restored 14’+ Wooden Barrel Roof and Original Brick Restoration
- New Construction Open Plan Suites, ample parking and easy access to SR-51 and I-10 Freeway
PROPERTY FACTS
| Property Type | Retail | Year Built/Renovated | 1953/2020 |
| Property Subtype | Storefront | Parking Ratio | 4.71/1,000 SF |
| Gross Leasable Area | 9,120 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 9,120 SF |
| Year Built/Renovated | 1953/2020 |
| Parking Ratio | 4.71/1,000 SF |
ABOUT THE PROPERTY
Adaptive Reuse property redeveloped in 2020 for retail, office and flex use. Currently undergoing final ‘TI’ Improvements for vanilla shell suites. Now leasing for delivery in late 2020. Property has undergone complete renovation and offers brand new construction with preserved historic features like 14’+ exposed wooden barrel ceilings and restored brick walls. Lots of thoughtful details and added amenities like 9’ roll up doors and ample parking. Property is ideally located adjacent to Banner UMCP, Downtown and Midtown Phoenix. Located within 3 miles of AZ-51 and I-10. Location Summary: McDowell Miracle Mile Demonstrates Growth & Vitality The McDowell Miracle Mile commercial corridor is anchored on the west by Downtown Phoenix and Banner University Medical Center and stretches east to SR-51 with easy access to I-10 and Loop 202. The first business corridor outside of the downtown area this historic stretch is having a revival and has been named one of Phoenix’s hottest retail and restaurant corridors by USA Today. With an 85006 zip code, the neighborhood was cited as having the highest growth in median income in Maricopa County as well as in the growth of the median home price.
