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Highlights

  • Create excellent synergy with the neighboring tenants, including ALDI, Impact Gymnastics, C&S Sporting Goods, and Barry's ACE Hardware.
  • Strategically positione just off the full diamond interchange of Freeway 51, with access to numerous highways connecting it with the rest of Phoenix.
  • Prime location surrounded by dense residential neighborhoods and nearby recreational amenities enhancing daily traffic and consumer activity.
  • Situated at a highly trafficked location at the signalized intersection of N 12th St and E Northern Ave, exposed to over 44,750 vehicles daily.

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 7822B
  • 4,574 SF
  • 5 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
7802-7824 N 12th St - 1st Floor - Ste 7822B
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Fully equipped restaurant with walk-in cooler and freezer, large hood, and kitchen equipment. The restaurant features an open-plan design with high ceilings and a patio.

  • 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
  • Central Air Conditioning
  • Freezer Space
  • High Ceilings
  • Exposed Ceiling
  • Full Kitchen
  • Building and monument signage available
  • 1st Floor, Ste 7822C
  • 1,426 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
7802-7824 N 12th St - 1st Floor - Ste 7822C
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • High Ceilings
  • Exposed Ceiling
Space Size Term Rental Rate Rent Type
1st Floor, Ste 7822B 4,574 SF 5 Years Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste 7822C 1,426 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

7802-7824 N 12th St - 1st Floor - Ste 7822B

Size
4,574 SF
Term
5 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Fully equipped restaurant with walk-in cooler and freezer, large hood, and kitchen equipment. The restaurant features an open-plan design with high ceilings and a patio.

  • 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
  • Central Air Conditioning
  • Freezer Space
  • High Ceilings
  • Exposed Ceiling
  • Full Kitchen
  • Building and monument signage available

7802-7824 N 12th St - 1st Floor - Ste 7822C

Size
1,426 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • High Ceilings
  • Exposed Ceiling

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 7822B

Site Plan

Select Tenants at Palo Verde Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • 99¢ Only Stores
  • Dollar/Variety/Thrift
  • -
  • Regional
Tenant Description US Locations Reach
99¢ Only Stores Dollar/Variety/Thrift - Regional

Property Facts

Total Space Available 6,000 SF
Center Type Neighborhood Center
Parking 517 Spaces
Stores 14
Center Properties 4
Frontage
12th
  • Northern
Gross Leasable Area 95,270 SF
Total Land Area 9.19 AC
Year Built 1964
Cross Streets E Northern Ave

About the Property

Discover Palo Verde Plaza, a dominant neighborhood shopping center positioned on a highly visible, signalized corner in the heart of Central Phoenix, at 7802–7830 North 12th Street & East Northern Avenue. This high-traffic retail center presents a premier retail space for lease, offering exceptional visibility and consistent foot traffic, making it an ideal location for retail, restaurant, or service-oriented tenants. Prospective tenants can join a well-established tenant mix, including ALDI, True Value, Impact Gymnastics, and Aqua Tots. The property features ample on-site parking, monument signage for enhanced brand visibility, and excellent access points, providing convenience for customers and tenants alike. Palo Verde Plaza offers outstanding accessibility and convenience, located just one mile west of the full diamond interchange at State Route 51, with direct connectivity to Interstate 10 and Interstate 17, providing seamless access throughout the Phoenix metropolitan area. The property is supported by a highly desirable demographic profile, with a population of over 1,431,000 residents earning an average household income of approximately $110,500 and generating over $17.5 billion in annual consumer spending. The center is positioned in a highly visible location, with exposure to over 44,750 vehicles per day, enhancing brand recognition. Palo Verde Plaza’s prime Central Phoenix location, high-traffic intersection, strong co-tenancy, and immediate proximity to major highways make it a standout opportunity for retailers seeking high-visibility retail space for lease in Phoenix, Arizona. With its combination of a dense population, strong household incomes, and significant daily vehicle counts, this property offers an exceptional environment for tenants looking to establish or expand their presence in one of the Southwest’s most active and fastest-growing retail markets.

  • Restaurant
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Monument Signage

Attachments

View the Brochure
Floor Plan
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Very bikeable
80/100

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
15,795
121,954
384,338
577,378
2030 Population
16,401
126,929
400,127
600,912
2025-2030 Projected Population Growth
3.8%
4.1%
4.1%
4.1%
Median Age
43.0
40.6
37.7
37.4
College Degree + Higher
50%
41%
34%
21%
Daytime Employees
9,620
59,847
192,780
280,553
Total Businesses
1,108
7,558
25,233
39,548
Average Household Income
$127,438
$110,169
$101,402
$100,338
Median Household Income
$101,020
$77,908
$72,226
$72,399
Total Consumer Spending
$261.1M
$1.7B
$4.9B
$7.2B
2025 Households
7,422
54,491
159,801
236,084
Average Home Value
$669,427
$630,433
$586,160
$562,442

Nearby Major Retailers

Aqua-Tots Swim Schools
Victory Martial Arts
HOTWORX
Bank of America
Safeway
Chase Bank
Pei Wei Asian Diner
Orangetheory Fitness
Stretch Zone
Starbucks
  • Listing ID: 24917907

  • Date on Market: 5/15/2025

  • Last Updated:

  • Address: 7802-7830 N 12th St, Phoenix, AZ 85020

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