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711 S Central Ave
4,558 SF of Retail Space Available in Phoenix, AZ 85004
Highlights
- Full build-out restaurant and bar
- Food serving line
- Across the street from future light rail
- Outside patio seating
- Two walk-in coolers, two glass roll-up doors
- On Central Ave with 11,200 to 22,400 VPD
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,558 SF | Negotiable | $35.44 CAD/SF/YR $2.95 CAD/SF/MO $381.44 CAD/m²/YR $31.79 CAD/m²/MO $13,460 CAD/MO $161,521 CAD/YR | Triple Net (NNN) |
1st Floor
This office space is perfect for teams or businesses seeking a high-quality, professional environment to grow and thrive.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Kitchen
- High Ceilings
- Exposed Ceiling
- DDA Compliant
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 FOR 711 S Central Ave , Phoenix, AZ 85004
| Property Type | Retail | Total Land Area | 0.98 AC |
| Property Subtype | Freestanding | Year Built | 1975 |
| Gross Leasable Area | 4,558 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,558 SF |
| Total Land Area | 0.98 AC |
| Year Built | 1975 |
About the Property
Downtown Phoenix Restaurant Opportunity: the full build-out restaurant & bar is a contemporary design with open ceiling architecture, food serving line, and two roll up doors adjoining the outside patio. The open kitchen has complete prep and cooking stations, and features two walk-in coolers.
Nearby Major Retailers
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711 S Central Ave
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