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US BANK BUILDING 251 N 1st Ave 1,408 - 19,082 SF of Retail Space Available in Phoenix, AZ 85003
ALL AVAILABLE SPACES(3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
• ±7,521 SF hard corner former restaurant • ±5,468 SF along 1st Avenue • 534 pedestrians per hour at intersection • Great downtown Phoenix location • Ground level next to 44 Monroe high-rise residential tower (202 units) • Restaurant/retail opportunity • Located along the Light Rail • Near new CityScape Project and Westin Hotel • Over 66,000 employees in Downtown Phoenix • Over 11,000 ASU students nearby • New ASU student recreation center within walking distance
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- hard corner former restaurant
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
Prime Built Out Restaurant Space on SEC of 1st Avenue and Van Buren. Adjacent to busy Metro Light Rail Stop. Walking Distance to ASU Downtown Campus and New Condo Projects & Phoenix Convention Center.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Prime Built Out Restaurant
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
Fully Built Out Coffee Shop/Cafe Use with large outdoor patio at US BANK BUILDING in Downtown Phoenix.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Fully Built Out Coffee Shop
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| Basement | 14,664 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $263,952 /YR $21,996 /MO | Retail | Full Build-Out | Now |
| 1st Floor | 3,010 SF | 10 Years | $40.00 /SF/YR $3.33 /SF/MO $120,400 /YR $10,033 /MO | Retail | Full Build-Out | Now |
| 1st Floor, Ste 180 | 1,408 SF | 5 Years | $45.00 /SF/YR $3.75 /SF/MO $63,360 /YR $5,280 /MO | Retail | Full Build-Out | Now |
Basement
| Size |
| 14,664 SF |
| Term |
| Negotiable |
| Rental Rate |
| $18.00 /SF/YR $1.50 /SF/MO $263,952 /YR $21,996 /MO |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 3,010 SF |
| Term |
| 10 Years |
| Rental Rate |
| $40.00 /SF/YR $3.33 /SF/MO $120,400 /YR $10,033 /MO |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 180
| Size |
| 1,408 SF |
| Term |
| 5 Years |
| Rental Rate |
| $45.00 /SF/YR $3.75 /SF/MO $63,360 /YR $5,280 /MO |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
Basement
| Size | 14,664 SF |
| Term | Negotiable |
| Rental Rate | $18.00 /SF/YR |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
• ±7,521 SF hard corner former restaurant • ±5,468 SF along 1st Avenue • 534 pedestrians per hour at intersection • Great downtown Phoenix location • Ground level next to 44 Monroe high-rise residential tower (202 units) • Restaurant/retail opportunity • Located along the Light Rail • Near new CityScape Project and Westin Hotel • Over 66,000 employees in Downtown Phoenix • Over 11,000 ASU students nearby • New ASU student recreation center within walking distance
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air Conditioning
- hard corner former restaurant
1st Floor
| Size | 3,010 SF |
| Term | 10 Years |
| Rental Rate | $40.00 /SF/YR |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
Prime Built Out Restaurant Space on SEC of 1st Avenue and Van Buren. Adjacent to busy Metro Light Rail Stop. Walking Distance to ASU Downtown Campus and New Condo Projects & Phoenix Convention Center.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Prime Built Out Restaurant
1st Floor, Ste 180
| Size | 1,408 SF |
| Term | 5 Years |
| Rental Rate | $45.00 /SF/YR |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
Fully Built Out Coffee Shop/Cafe Use with large outdoor patio at US BANK BUILDING in Downtown Phoenix.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Fully Built Out Coffee Shop
PROPERTY FACTS
| Total Space Available | 19,082 SF | Building Size | 147,501 SF |
| Property Type | Specialty | Year Built | 1961 |
| Property Subtype | Parking Garage |
| Total Space Available | 19,082 SF |
| Property Type | Specialty |
| Property Subtype | Parking Garage |
| Building Size | 147,501 SF |
| Year Built | 1961 |
ABOUT THE PROPERTY
Class A - 31 Story Office and Retail mixed use project built in 1976. Project going through major redevelopment. Ground Floor Mixed Use, perfect for restaurant and retailers. Great location in Downtown Phoenix between Van Buren and Monroe on 1st Avenue. " Located within blocks of U.S. Airways Center - home of the Phoenix Suns & Chase Field - home of the Arizona Diamondbacks. " Arizona State University Downtown Campus continues expansion with enrollment at 10,000 students, increasing yearly. Developments include a plan to move the Sandra Day O' Connor College of Law to the Downtown Campus, a lease of an additional 33,500 sf at the Arizona Center and 75,000 sf expansion to the Phoenix YMCA. " The 24-acre Phoenix Convention Center with over 900,000 sf of meeting and exhibition space. " The 1,000-room Sheraton Hotel, the Westin Downtown Phoenix, The Hyatt Regency, the Renaissance Phoenix Downtown, and the new 242-room Hotel Palomar, offer over 3,000 rooms to serve tourists, convention attendees and business travelers. " METRO Light Rail runs directly in front of the property.
NEARBY MAJOR RETAILERS
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US BANK BUILDING | 251 N 1st Ave
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