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Palo Verde Plaza 7802-7830 N 12th St 4,785 - 10,785 SF of Retail Space Available in Phoenix, AZ 85020
HIGHLIGHTS
- Palo Verde Plaza has 4,785 SF of fully equipped restaurant space in the heart of Central Phoenix.
- Create excellent synergy with the neighboring tenants: ALDI, Impact Gymnastics, C&S Sporting Goods, and Barry's ACE Hardware.
- At a highly trafficked location at the signalized intersection of N 12th Street and E Northern Ave, where 44,782 vehicles pass daily.
- Strategically located just off the full diamond interchange of Freeway 51.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 7822 | 4,785 SF | 14’ - 20’ | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | |
| 1st Floor, Ste 7822B | 6,000 SF | - | 5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
7802-7824 N 12th St - 1st Floor - Ste 7822
Fully built restaurant with large hood, walk-in cooler & freezer, grease trap, and equipment.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Private Restrooms
- Freezer Space
- Exposed Ceiling
- Finished Ceilings: 14’ - 20’
- Dominant Center on High Traffic Corner,
7802-7824 N 12th St - 1st Floor - Ste 7822B
Fully equipped restaurant with walk-in cooler and freezer, large hood, and kitchen equipment. The restaurant features an open ceiling plan with high ceilings and a patio.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Full Kitchen
- Building and monument signage available
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.
SELECT TENANTS AT PALO VERDE PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- 99¢ Only Stores
- Dollar/Variety/Thrift
- 343
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| 99¢ Only Stores | Dollar/Variety/Thrift | 343 | Regional |
PROPERTY FACTS
ABOUT THE PROPERTY
Palo Verde Plaza, located at 7802-7830 N 12th Street, is a dominant neighborhood center on a signalized corner in Phoenix, Arizona. At the southwest corner of N 12 Street and E Northern Avenue, this center receives high traffic counts and good foot traffic. Prospective tenants can join anchor tenants ALDI, True Value, Impact Gymnastics, and Aqua Tots. At a desirable location in the heart of Central Phoenix, Palo Verde Plaza is in proximity to nearby retailers, top-rated schools, family-friendly residential communities, and the hiking trails at North Mountain. Experience exceptional visibility and exposure from the 32,627 cars per day on E Northern Avenue and 12,155 cars per day on N 12th Street. A mile west of the full diamond interchange of 51 Freeway, this shopping center provides convenience to those traveling around town checking items off their to-do lists. The residents that live within a 1-mile radius of this property and have an average household income of nearly $110,500.
- Signage
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| East Belmont Avenue | E Belmont Ave, E | 13,443 | 2022 | 0.13 mi |
| E Northern Ave | N 11th St, W | 32,513 | 2022 | 0.15 mi |
| East Northern Avenue | N 11th St, E | 35,713 | 2022 | 0.17 mi |
| N 12th St | E Kaler Dr, N | 12,064 | 2022 | 0.24 mi |
| North 12th Street | E Harmont Dr, N | 13,738 | 2022 | 0.24 mi |
| E Northern Ave | N 14th St, E | 41,599 | 2022 | 0.31 mi |
| E Northern Ave | N 7th St, W | 34,727 | 2022 | 0.44 mi |
| E Orangewood Ave | N 9th St, W | 845 | 2022 | 0.47 mi |
| E Northern Ave | N 15th St, SW | 37,305 | 2022 | 0.47 mi |
| N 7th St | E Manzanita Dr, S | 24,822 | 2022 | 0.48 mi |
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Close to an Array of Nearby Retailers
Experience High Traffic Counts and Good Foot Traffic
Anchored by Aqua Tots
In the Heart of Central Phoenix
Evolving Center with New Businesses Opening
Vanilla Shell Space and Fully Equipped Restaurant For Lease
Any Business Type Welcome
Floor To Ceiling Window Storefronts
Dominant Neighborhood Center
Near Residential Communities, Top-Rated Schools, and More
At the Signalized Corner of E Northern Ave and N 19th St
One Mile Away from the 51 Freeway