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705 N 1st Street - 705 N 1st St, Phoenix, AZ
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705 N 1st Street - 705 N 1st St
NEC 1st St & Pierce
Phoenix, AZ 85004 - Downtown Phoenix Ret Submarket
.48 AC (20,996 SF)
Total Space Avail:
26 Reserved spaces are available; Ratio of 2.17/1,000 SF
Unique downtown retail development. Adjacent to Arizona State University Downtown Campus. 1,300 students living "on campus" by 2009. 5,000 full-time students by Fall 2008. Restaurant space with patio available. 61,210 daytime employees within 1 mile.
Recently remodel commercial property at the heart of down town. Property sits on 3 lots (high rise zoned) equal 21,000 SF, building is about 12,000 SF with 26 parking in the back. Five signed NNN leases in place. Property just went through extreme makeover. Property has all permits in place for an office, bar, restaurant, outside dining, etc. Area is exploding with demand as many new studant are moving to the area. Total income is over 200k a year.
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Commercial Properties, Inc.
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