MLS# 6975059 – 5233 S Central Avenue, Phoenix, AZ 85040

Price: $3,575,000
Lot Size Acres: 2.29
Lot Size SqFt: 99,836
Status: Active
Property Type: Comm/industry Sale
Year Built: 1986
Days on Website: 95

Courtesy of R.O.I. Properties

Property Description

This infill value add strip center is positioned in a dense, high demand location and is comprised of in demand small shop suites well suited for local and national users. The center features an anchor tenant, Family Dollar, at a low and replaceable rental rate, creating flexibility and long term upside. Offered at an attractive basis with a low price per square foot, the property presents strong potential to increase value through lease up of existing vacancies. The site benefits from prime corner frontage with approximately 31,000 vehicles per day, strong transit access, and consistent traffic exposure. The surrounding trade area includes over 20,500 residents within one mile and is further supported by planned multifamily development nearby.

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Property Details and Features

  • Building
  • Built in 1986
  • Building features: “Security Gate”
  • Living area: 24660
  • Construction materials: “Stucco”
  • Cooling
  • “Central Air”
  • Floors
  • “Concrete”
  • Heating
  • “See Remarks”
  • Listing
  • Listing ID: 6975059
  • Standard status: Active
  • 105 days on market
  • Location
  • Subdivision name: Roeser Plaza
  • Lot
  • 2.29 acres
  • 99,836 sqft
  • Parking
  • “Parking Lot”
  • 38 total parkings
  • Property
  • Zoning: C-2
  • Roof
  • “Tile”
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $31,337
  • Lot: –
  • Utilities
  • “Other (See Remarks)”

Property Map

$3,575,000 – 5233 S Central Avenue, Phoenix, AZ 85040

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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.