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301 E Indian School Rd 2,600 SF of Retail Space Available in Phoenix, AZ 85012
Sublease Highlights
- Freestanding restaurant building with existing drive-thru configuration.
- C-2 zoning supports a variety of commercial uses.
- Strong visibility along a major Phoenix commercial corridor.
- Corner location at Indian School Road and 3rd Street.
- Surrounded by established national restaurant operators.
- Infill Central Phoenix location with convenient regional access.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
301 E. Indian School Road presents an opportunity to acquire a freestanding restaurant property with existing drive-thru functionality at the signalized intersection of Indian School Road and 3rd Street in Phoenix. The property is positioned along a heavily traveled commercial corridor and benefits from strong visibility, multiple points of access, and exposure to substantial daily traffic volumes. Its C-2 zoning supports a variety of commercial uses, providing flexibility for owner-users, investors, or operators seeking a well-located infill asset. The site is surrounded by established national retailers and restaurant operators, including Raising Cane’s, Panda Express, and Dutch Bros, creating a proven retail environment with consistent consumer activity. The property's location within Central Phoenix offers convenient connectivity to major employment centers, residential neighborhoods, and regional transportation routes, supporting long-term demand from both customers and businesses. The combination of an existing restaurant building, drive-thru infrastructure, and a prominent corner location enhances the property's utility and potential for continued food-service use or adaptive commercial repositioning. With strong frontage along Indian School Road and access to one of Phoenix's most active urban corridors, the asset offers a compelling opportunity within a mature and highly visible trade area.
- Sublease space available from current tenant
- Fully Built-Out as a Fast Food Restaurant
- Space is an outparcel at this property
- Space is in Excellent Condition
- Central Air Conditioning
- Drive Thru
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.
Select Tenants at 301 E Indian School Rd, Phoenix, AZ 85012
- Tenant
- Description
- US Locations
- Reach
- Wendy's
- Fast-food
- 6,169
- International
| Tenant | Description | US Locations | Reach |
| Wendy's | Fast-food | 6,169 | International |
Property Facts
| Total Space Available | 2,600 SF | Gross Leasable Area | 2,600 SF |
| Property Type | Retail | Year Built | 1979 |
| Property Subtype | Fast Food |
| Total Space Available | 2,600 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 2,600 SF |
| Year Built | 1979 |
About the Property
The property is located at 301 E. Indian School Road in Phoenix, Arizona, at the southeast corner of Indian School Road and 3rd Street. The site contains an approximately 2,600-square-foot restaurant building on approximately 0.61 acres and is zoned C-2. Nearby commercial users include Raising Cane’s, Panda Express, and Dutch Bros. The property is situated along Indian School Road within a developed urban commercial corridor.
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Contact the Leasing Agent
301 E Indian School Rd