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5217-5233 S Central Ave
Phoenix, AZ 85040
Roeser Plaza · Retail Property For Sale
Investment Highlights
- Infill value-add strip center in dense location
- Dense area - 20,502 residents within 1 mile
- Comprised of in-demand small suites
- Strong transit and traffic exposure
Executive Summary
Located just off the corner of Central Avenue and Roeser Road, Roeser Plaza is an established unanchored strip center positioned for continued growth in the infill South Phoenix submarket. The center is thriving with a strong mix of national tenants—including Family Dollar, Dairy Queen, and Subway—alongside well-known local businesses. It benefits from high vehicle counts, steady foot traffic, and added pedestrian activity from the nearby Central & Roeser light-rail station. This is a prime opportunity for investors seeking a high-performing retail center with meaningful upside potential. With the recent completion of the $1.2B light-rail expansion, the surrounding area is poised for significant future growth.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
24,660 SF
Building Class
C
Year Built
1986
Price
$4,500,078 CAD
Price Per SF
$182.48 CAD
Cap Rate
6.44%
NOI
$289,868 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
2.30 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Parking
96 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
348’ on S Central Ave
Amenities
- Signage
Property Taxes
| Parcel Number | 113-42-047M | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $284,816 CAD |
Property Taxes
Parcel Number
113-42-047M
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$284,816 CAD
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