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City North Market 20601 N 55th St 4,800 - 10,800 SF of Retail Space Available in Phoenix, AZ 85054



HIGHLIGHTS
- Flexibile Retail divisibility to suit your client's needs
- Anchored by market-leading Sprouts Farmers Market
- Convenient access off of the Loop 101 and 56th St.
- Brand new construction
- Signaled intersection at the main drive
- Located in the heart of Desert Ridge
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 4,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
56th St. & City North Dr. - 1st Floor
• ±6,000 SF restaurant space with patio • State-of-the-art design • Prime site with a high amount of traffic
- Brand new construction
- Anchored by market-leading Sprouts Farmers Market
- Features Sprouts new 130,000 SF Corporate HQ
- Signaled intersection at the main drive
- Convenient access off of the Loop 101 and 56th St.
- Located in the heart of Desert Ridge
56th St & City North Dr - 1st Floor
4,800 SF of retail space, flexible divisibility options to suit tenant's needs
- Anchored by Sprouts
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 10,800 SF | Gross Leasable Area | 10,800 SF |
| Center Type | Neighborhood Center | Total Land Area | 147.49 AC |
| Stores | 2 | Year Built | 2026 |
| Center Properties | 3 |
| Total Space Available | 10,800 SF |
| Center Type | Neighborhood Center |
| Stores | 2 |
| Center Properties | 3 |
| Gross Leasable Area | 10,800 SF |
| Total Land Area | 147.49 AC |
| Year Built | 2026 |
ABOUT THE PROPERTY
City North Market is a groundbreaking mixed-use development by Trammell Crow Company, set to transform the Desert Ridge neighborhood. This highly desirable location will feature Sprouts’ brand new 130,000 SF corporate headquarters and the retail center will be anchored by a new Sprouts Farmers Market. The development offers convenient access off the Loop 101 and boasts a signaled intersection at the main entrance. City North Market will house multi-tenant retail spaces and a brand-new restaurant area, providing a diverse mix of shopping and dining options for the community. With its prime location and state-of-the-art construction, this project promises to be a vibrant addition to the local retail landscape.
- Restaurant
NEARBY MAJOR RETAILERS
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City North Market | 20601 N 55th St
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