CAMELBACK 19 | RETAIL SPACE FOR SALE IN PHOENIX AZ

SOUTHWEST CORNER OF 19TH AVENUE & CAMELBACK ROAD – PHOENIX, AZ

CENTRAL PHOENIX RETAIL SHOPPING CENTER FOR SALE

Location 1901-1925 W Camelback Rd, Phoenix, AZ 85015
Price $2,690,000
Property Type Retail Shopping Center
Sale Type Investment
Cap Rate 6.43%
Lot Size 1.81 Acres
Building Size 21,246 SF
Available Parking 80 Spaces
Year Built Delivery in 2017
Zoning C-2, City of Phoenix
APN / Parcel ID 154-01-001-C
Cross Streets 19th Ave & Camelback Rd
Traffic Counts 62,817 VPD (ADOT, 2016)
Neighborhoods 19th Avenue Corridor, Camelback Corridor, Central Phoenix, Midtown Phoenix
Listing Status ACTIVE (BACK ON MARKET)

HIGHLIGHTS

High Visibility – Street Frontage Retail
Monument Sign Available
80 Surface Spaces Are Availalbe
Infill Site Less Than 1 Mile From Interstate 17 (I-17)
1 Mile From Grand Canyon University – (Over 21,100 Students, Faculty & Staff)
Across From Light Rail Station – Daily Ridership 49,416 (Valley Metro, 2016)
Walking Distance To Valley Metro Light Rail Station And Valley Metro Park & Ride

PROPERTY INFO

Camelback 19 is a single story, hard-corner retail, neighborhood shopping center located in Phoenix’s downtown-midtown-uptown urban core, near Grand Canyon University (over 21,100 students, faculty & staff), Valley Metro Light Rail (49,416 daily ridership – Valley Metro, 2016), Valley Metro Park & Ride and Abrazo Central Campus (over 1,432 employees, affiliated physicians and volunteers). The property is situated in a commercial area, less than one mile east of Interstate 17 (I-17), at the southwest corner of Camelback Road and 19th Avenue, both major thoroughfares in Central Phoenix, with combined traffic counts of 62,817 vehicles per day (ADOT, 2016).

Camelback 19 At Midtown is a neighborhood retail shopping center located in Midtown Phoenix, less than 1 miles east of Interstate 17 (I-17) and approximately 3.3 miles north of Interstate 10, at the southwest corner of Camelback Road and 19th Avenue, allowing easy access to Downtown Phoenix, the Central Office Corridor, Camelback Corridor and Phoenix Sky Harbor International Airport and numerous employers.

Built in 1956, Camelback 19 offers high visibility street frontage retail space with monument signage available. The neighborhood retail shopping center, anchored by Dollar General, has 80 surface spaces available for parking. Camelback19 combines a great mix of local and national retailers and tenants.

MAP & DIRECTIONS

SALES INFORMATION

MATT MORRELL
602-281-6202 x4
Matt@Vestis-Group.com

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Vestis Group is a leading Multifamily Investment sales and Advisory Services firm with a proven track-record of providing value added brokerage services coupled with innovative and ongoing real estate investment strategies.

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