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Highlights

  • 3,273-square-foot turnkey partially built-out restaurant space for lease in Greenway Plaza, surrounded by a complementary tenant mix.
  • Take advantage of a prime location positioned just 1 mile east of Interstate 17 and 3 miles south of Loop 101, providing seamless accessibility.
  • Greenway Plaza is now under new ownership and offers tenants aggressive rental rates in a prominent, thriving neighborhood retail center.
  • Join a growing business corridor in proximity to numerous national tenants, including Honeywell, American Express, and PetSmart corporate offices.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 123
  • 1,200-3,273 SF
  • Negotiable
  • $19.00 /SF/YR $1.58 /SF/MO $62,187 /YR $5,182 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Suite 123 at Greenway Plaza presents a valuable opportunity for restaurant operators seeking a well-positioned space within one of North Phoenix’s most established neighborhood retail corridors. This partially built-out restaurant space offers a functional foundation for a variety of fast-casual, dine-in, or specialty food concepts looking to capitalize on the property’s strong daily activity and stable consumer base. Located at the signalized intersection of 19th Avenue and Greenway Road, the center benefits from significant traffic volumes traveling through the area each day, enhancing the visibility and accessibility of the suite for both local residents and visiting customers. Greenway Plaza is surrounded by a complementary tenant mix that includes personal services, food and beverage, health and wellness, and neighborhood conveniences, creating a steady flow of cross-shopping and consistent foot traffic throughout the day. With its adaptable restaurant infrastructure, strong traffic counts, and location within a stable and highly active commercial corridor, Suite 123 offers operators a prime setting to launch or expand their concept in one of Phoenix’s most consistently performing retail submarkets.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • 3,273 SF partially built out restaurant for LEASE
  • Restaurant space offering an efficient layout
Space Size Term Rental Rate Rent Type
1st Floor, Ste 123 1,200-3,273 SF Negotiable $19.00 /SF/YR $1.58 /SF/MO $62,187 /YR $5,182 /MO Triple Net (NNN)

1st Floor, Ste 123

Size
1,200-3,273 SF
Term
Negotiable
Rental Rate
$19.00 /SF/YR $1.58 /SF/MO $62,187 /YR $5,182 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Suite 123 at Greenway Plaza presents a valuable opportunity for restaurant operators seeking a well-positioned space within one of North Phoenix’s most established neighborhood retail corridors. This partially built-out restaurant space offers a functional foundation for a variety of fast-casual, dine-in, or specialty food concepts looking to capitalize on the property’s strong daily activity and stable consumer base. Located at the signalized intersection of 19th Avenue and Greenway Road, the center benefits from significant traffic volumes traveling through the area each day, enhancing the visibility and accessibility of the suite for both local residents and visiting customers. Greenway Plaza is surrounded by a complementary tenant mix that includes personal services, food and beverage, health and wellness, and neighborhood conveniences, creating a steady flow of cross-shopping and consistent foot traffic throughout the day. With its adaptable restaurant infrastructure, strong traffic counts, and location within a stable and highly active commercial corridor, Suite 123 offers operators a prime setting to launch or expand their concept in one of Phoenix’s most consistently performing retail submarkets.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • 3,273 SF partially built out restaurant for LEASE
  • Restaurant space offering an efficient layout

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Matterport 3D Tour

Explore SUite 123

Select Tenants at Greenway Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • Coyoacan Bakery & Cafe
  • Bakery
  • 1
  • Local
  • Delicate Dental
  • MD/DDS
  • 1
  • Local
  • Linsacum Training
  • Fitness
  • 1
  • Local
  • Rose Health Spa
  • Salon/Barber/Spa
  • 1
  • Local
  • Subway
  • Sub Sandwich
  • 28,847
  • International
  • Tommy's Nails
  • Nail Salon
  • 1
  • Local
Tenant Description US Locations Reach
Coyoacan Bakery & Cafe Bakery 1 Local
Delicate Dental MD/DDS 1 Local
Linsacum Training Fitness 1 Local
Rose Health Spa Salon/Barber/Spa 1 Local
Subway Sub Sandwich 28,847 International
Tommy's Nails Nail Salon 1 Local

Property Facts

Total Space Available 3,273 SF
Min. Divisible 1,200 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 17,736 SF
Year Built 2000
Parking Ratio 4.05/1,000 SF

About the Property

1825–1855 West Greenway Road is a multi-building commercial property located in the northwest Phoenix area, near the intersection of Greenway Road and 19th Avenue. The site is situated within a well-developed suburban commercial corridor characterized by neighborhood retail centers, service-oriented businesses, and residential subdivisions. The immediate area includes a mix of small retail storefronts, professional offices, restaurants, and automotive-related uses. The property consists of single-story commercial structures arranged in a linear configuration with surface parking in front of the buildings. Based on its layout and the tenant types typically found in this corridor, 1825–1855 West Greenway Road functions as a neighborhood shopping center or multi-tenant commercial strip. The buildings appear to feature standard retail or office storefront architecture with direct entry from the parking field, individual signage bands, and concrete block construction common to suburban Phoenix properties built from the late 1980s to early 2000s. The parcel benefits from frontage along West Greenway Road, a primary east-west connector serving the North Phoenix and Deer Valley communities. Area traffic is steady throughout the day due to nearby residential density, schools, and access to Interstate 17, which lies approximately 1 mile west. The surrounding environment is stable and largely built-out, consisting of established housing communities, local service businesses, and regional commercial activity concentrated along major arterial roads. Overall, Greenway Plaza is a typical low-rise commercial development serving the daily needs of nearby neighborhoods. Its location provides visibility along a well-traveled roadway and convenient access to public streets and regional transportation routes.

  • Pylon Sign

Attachments

View the Greenway Plaza flyer
Floor Plan
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
15 min drive
2025 Population
19,703
149,355
391,993
553,490
2030 Population
21,584
155,071
405,775
572,575
2025-2030 Projected Population Growth
9.6%
3.8%
3.5%
3.4%
Median Age
35.0
37.8
37.8
38.0
College Degree + Higher
28%
26%
25%
18%
Daytime Employees
2,306
45,447
143,809
200,371
Total Businesses
279
4,735
16,082
24,475
Average Household Income
$83,833
$92,331
$92,256
$95,578
Median Household Income
$57,416
$68,261
$71,214
$74,411
Total Consumer Spending
$224.6M
$1.8B
$4.7B
$6.7B
2025 Households
8,428
60,377
155,033
214,595
Average Home Value
$534,500
$451,644
$443,410
$456,773

Nearby Major Retailers

Starbucks
Bank of America
  • Listing ID: 38327605

  • Date on Market: 11/4/2025

  • Last Updated:

  • Address: 1825-1855 W Greenway Rd, Phoenix, AZ 85023

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