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

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.