Retail Space
702 North Central Avenue Phoenix, AZ 85004
Details & Description
Price: $7,250,000
    The subject property consists of a two story ±18,058 SF retail building currently occupied by The Grand, a 24/7 restaurant and coffee shop, and Club Downtown, a prominent night club. The site consists of a ±0.80 AC lot in the heart of Downtown Phoenix. The buildings were built in 1958 and have been recently renovated by the current owner with exposed ceilings and industrial finishes throughout.
    Additional Photos
    Listing Agents
    Paul Borgesen III

    O: 480-425-5516
    M: 602-214-9033
    paul.borgesen@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    702 North Central Avenue

    Phoenix, AZ 85004

    Listing ID: 235800
    • 702 North Central Avenue Phoenix, AZ 85004 | for Sale | Photo 1
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    • 702 North Central Avenue Phoenix, AZ 85004 | for Sale | Photo 3
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    • 702 North Central Avenue Phoenix, AZ 85004 | for Sale | Photo 5
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    Building Size: 18,058 SF
    Lot Size: 0.803 AC
    Land Size: 34,978 SF
    Building $/SF: $401.48
    Land $/SF: $207.27
    Price
    $7,250,000
    Description

    The subject property consists of a two story ±18,058 SF retail building currently occupied by The Grand, a 24/7 restaurant and coffee shop, and Club Downtown, a prominent night club. The site consists of a ±0.80 AC lot in the heart of Downtown Phoenix. The buildings were built in 1958 and have been recently renovated by the current owner with exposed ceilings and industrial finishes throughout.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Phoenix History of Retail Space for Sale

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    Phoenix Area Market Trends

    Listing Demographics for 702 North Central Avenue Phoenix, AZ 85004

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population16,110108,167372,092
    Population Median Age363534
    Population by Age0-9 Yrs996 (6%)13022 (12%)55044 (14%)
    10-19 Yrs2162 (13%)14489 (13%)53738 (14%)
    20-29 Yrs4211 (26%)20207 (18%)66452 (17%)
    30-39 Yrs3018 (18%)18019 (16%)58957 (15%)
    40-49 Yrs1832 (11%)13288 (12%)47315 (12%)
    50-59 Yrs1523 (9%)13301 (12%)41540 (11%)
    60-69 Yrs1446 (8%)9590 (8%)28036 (7%)
    70+ Yrs922 (5%)6250 (5%)21008 (5%)
    Median HH Income$38,206$42,353$42,327
    Total Household Income< 24K2706 (36%)13296 (31%)39404 (30%)
    25-49K1655 (22%)11011 (25%)35623 (27%)
    50-74K1034 (13%)6896 (16%)22040 (16%)
    75-99K622 (8%)4228 (9%)12551 (9%)
    100-199K1035 (13%)5387 (12%)16772 (12%)
    200K+442 (5%)1613 (3%)4345 (3%)
    Highest Education LevelNo Diploma19061770864214
    Diploma or GED18651525857070
    Some College22961438745882
    Assoc. Degree578437313869
    Bachelors Degree25401243732900
    Higher Degree1792772318680
    Total Housing Units9,14549,536148,594
    --Owner-Occupied1,80715,68350,740
    --Renter-Occupied5,68626,74879,994
    Owner-Occupied Values< 100K172252110029
    100-199K289412116650
    200-299K569449711701
    300-399K28824795963
    400-499K2039252688
    500K+28711403709
    Total Working Age Population14,53786,710285,609
    In Work Force9,58657,389185,267
    Not In Work Force4,95129,321100,342
    Workforce Employed9,08154,227173,720
    Workforce Unemployed4913,14411,397
    Civlian Workforce9,57257,371185,117
    Military Workforce1418150
    Total Households7,49342,432130,735
    Family Households2,01919,52071,075
    Non-Family Households5,47422,91259,660
    Married Couple1,25310,91239,568
    Other Family7668,60831,507
    Married w/Child3994,63019,091
    Single Male w/Child1051,4694,455
    Single Female w/Child3133,60313,765

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Arizona5,130,632+256,392,017+147,286,100+148,284,900
    Maricopa County3,072,149+243,817,117+164,436,900+155,107,700
    Pinal County179,727+109375,770+24466,200+32616,200

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 702 North Central Avenue in Phoenix?
    The asking price for 702 North Central Avenue is $7,250,000
    What is the building size of this Retail property in Phoenix, AZ?
    The size of the building/unit at 702 North Central Avenue in Phoenix is 18,058 square feet
    How much land does the Phoenix, AZ property at 702 North Central Avenue include?
    702 North Central Avenue in Phoenix includes 0.803 acres of land
    What kind of Retail is the propery at 702 North Central Avenue?
    The property at 702 North Central Avenue Phoenix, AZ 85004 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 702 North Central Avenue in Phoenix?
    The population within 1 mile of 702 North Central Avenue Phoenix, AZ 85004 is 16,110 people.
    Who do I contact for questions about 702 North Central Avenue?
    You should contact the listing agent, Paul Borgesen III, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Phoenix Sky Harbor International Airport (PHX) 4
    Tucson International Airport / Morris Air National Guard Base (TUS) 114
    McCarran International Airport (LAS) 252
    Price
    $7,250,000
    Listing Agent
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