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5001 S Central Ave 8,850 SF Retail Building Phoenix, AZ 85040 $2,300,000 ($259.89/SF)
Investment Highlights
- Vacant ±8,850 SF industrial building with immediate occupancy or lease-up potential.
- Nearly one-acre (±0.91 AC) parcel with yard and outdoor storage capabilities.
- C-3 zoning allows for broad industrial, automotive, and contractor uses.
- Functional ±7,450 SF main building plus ±1,400 SF side shop with 16’ clear height.
- Recently renovated in 2020 with new capital improvements and updated features.
- Prime South Phoenix location with strong connectivity to Downtown and Sky Harbor Airport.
Executive Summary
David Harrington
Matthews Real Estate Investment Services, Inc
License # CO701910000, BR715518000 (AZ)
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # CO701910000, BR715518000 (AZ)
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,850 SF
Building Class
C
Year Built/Renovated
1981/2020
Price
$2,300,000
Price Per SF
$259.89
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.91 AC
Opportunity Zone
Yes
Zoning
C-3, Phoenix
Frontage
203’ on S Central Ave
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
Fairly walkable
40/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $8,758 | Total Assessment | $74,287 |
Property Taxes
Parcel Numbers
Land Assessment
$8,758
Improvements Assessment
$0
Total Assessment
$74,287
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5001 S Central Ave
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