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CVS 711 E Indian School Rd 12,900 SF of Retail Space Available in Phoenix, AZ 85014
Sublease Highlights
- Freestanding building
- Monument Signage
- Signalized Intersection
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 12,900 SF | Sep 2027 | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
1st Floor
This freestanding former CVS offers excellent visibility along E Indian School Rd at a signalized intersection in a dense central Phoenix corridor. The site benefits from steady traffic activity, strong surrounding residential neighborhoods, and proximity to major medical, educational, and recreational anchors including the Carl T. Hayden VA Medical Center, St. Joseph’s Hospital, Phoenix College, and Encanto Park. Built in 2012, the building provides modern construction, efficient layout potential, and prominent monument signage opportunities. Situated on just over an acre, the property delivers convenient access and highly accessible positioning within one of Phoenix’s most active midtown corridors. The sublease runs through September 30, 2027, offering a flexible mid-term solution in a strong infill location.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Convenience Store
- Space In Need of Renovation
- Signalized corner location
- Strong midtown infill setting
- Modern 2012 construction
- Prominent monument signage
- Dense surrounding population
- Near major medical centers
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 | 12,900 SF | Gross Leasable Area | 12,900 SF |
| Property Type | Retail | Year Built | 2012 |
| Property Subtype | Drug Store | Parking Ratio | 3.72/1,000 SF |
| Total Space Available | 12,900 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 12,900 SF |
| Year Built | 2012 |
| Parking Ratio | 3.72/1,000 SF |
Features and Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Presented by
CVS | 711 E Indian School Rd
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