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3345 N 19th Avenue - Bayless Shopping Center 19th Ave - Bayless Shopping Center, Phoenix, AZ
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3345 N 19th Avenue - Bayless Shopping Center 19th Ave - Bayless Shopping Center
SEC 19th Ave & Osborn
Phoenix, AZ 85015-5702 - Downtown Phoenix Ret Submarket
Existing , Renov 2012
2.58 AC (112,385 SF)
For Sale Price:
Free Surface spaces are available; Ratio of 2.24/1,000 SF
Bus Line, Pylon Sign, Signage, Signalized Intersection
Building: ±30,343 sq. ft. older shopping center consisting of a ±20,000 sq. ft. vacant supermarket building together with 6 retail shops ranging in size from 582 sq. ft. to 3,400 sq. ft and a 100 sq. ft. kiosk.
Parcel: approximately 2.58 acres - 112,848 sq. ft.
Zoning: C1, Light Commercial, City of Phoenix
Current Occupancy: The supermarket space is currently vacant. 5 shops totaling 5,860 sq. ft. of space are occupied on a month-to-month basis. The current gross income is $6,962 per month ($83,544 per year)
Potential Redevelopment ideas:
-Redevelop the center with a viable anchor tenant.
-Turn the market space into shops. Front some of the shops on Osborn to fully utilize the depth of the supermarket space.
-Reduce the size of the anchor space and put a new single tenant building on the signalized hard corner for a national tenant.
-Demolish the supermarket building and add a build-to-suit building on the hard corner.
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FOR SALE CONTACTS
Commercial Properties, Inc.
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