South Mountain Center

7430 S 48th St Phoenix, AZ 85042

7430 S 48th St, Phoenix, AZ, 85042
7430 S 48th St, Phoenix, AZ, 85042 7430 S 48th St, Phoenix, AZ, 85042 7430 S 48th St, Phoenix, AZ, 85042 7430 S 48th St, Phoenix, AZ, 85042 7430 S 48th St, Phoenix, AZ, 85042
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Dec 06, 2024

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Highlights

  • Retail PAD building across from Fry’s Grocery Store
  • Former Dance Studio Available
  • Strong traffic counts
  • Great street visibility and frontage
  • Close proximity to I-10 Freeway and Phoenix Sky Harbor International Airport
  • Centrally located
  • Near Arizona Grand Resort
  • Roll-up security screen & secured storage room available on Suite 102
  • 7 Brew is in final permit stage
  • Take 5 is Opening the 1st Quarter of 2025!

Description

Introducing a prime leasing opportunity at 7430 S 48th St, Phoenix, AZ, 85042. This retail PAD building offers a strong value proposition with great street visibility, high traffic counts, and a central location. Two suites are available, suite 102 has a roll-up door and open floor plan with storage in the back. Suite 106 has a dance studio with a small front lobby and storage in the back. Situated in close proximity to the I-10 Freeway and Phoenix Sky Harbor International Airport, and near the Arizona Grand Resort, this property presents an unbeatable combination of accessibility and visibility.

Leasing Incentive - Suite 102: For any qualified tenants on a 36-month Lease Term, the landlord will offer the Base Rent Incentive. The Lease transaction must be executed on or before January 31, 2025.
Year 1 - $14.00/NNN
Year 2- $18.00/NNN
Year 3 - $19.50/NNN

Nestled in the heart of Phoenix, this retail destination at South Mountain Center offers a prime leasing opportunity for retail and street retail tenants. The surrounding area boasts a dynamic mix of attractions, with convenient access to the I-10 Freeway and Phoenix Sky Harbor International Airport, ensuring high visibility and accessibility for businesses. Nearby points of interest such as the Arizona Grand Resort and a range of shopping and dining options create a thriving commercial environment. With the upcoming 7 Brew and Take 5 openings, the area continues to demonstrate its appeal as a retail hotspot.


Year Built: 1999
Building Size: 10069sq ft
Lot Size: 0 acres


Documents

7430 S 48th St_23-04-042 Flyer.pdf

Units for Lease

Suite 102
Space Available: 1820 SF
Lease Type: NNN

Price Per Sqft/Year: $14.00
Suite 106
Space Available: 2005 SF
Lease Type: NNN

Price Per Sqft/Year: $19.50

Map of 7430 S 48th St, Phoenix, AZ, 85042

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.