Contacts

CP Partners
Property Details
- Property Type Other
- Property Size 30,000 SF
- Lot Size 0.69 Acre
- Property Tenancy Single Tenant
- Date Updated Jun 11, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- 10% compounding rent increases every 5 years throughout the entire term
- 50 year “firm term” single tenant ground lease to the City of Phoenix
- Absolute NNN lease featuring zero landlord responsibilities or expense obligations
- The adjacent Metropolitan is an $850 million redevelopment project transforming the 64.2-acre former Metrocenter Mall site in North Phoenix into a high density, mixed-use community
- The redevelopment is expected to revitalize the area with significant residential and commercial growth, including 2,600 new housing units and 140,000 SF of retail space
- The Valley Metro Light Rail expanded in 2024 with a new station at the Metrocenter, connecting the soon-to-be redeveloped area to Downtown Phoenix, Mesa, Tempe and ASU and Phoenix Sky Harbor International Airport
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Phoenix, AZ
- Neighborhood North Mountain Village
- Zip Code 85051
- Market Phoenix
Points of Interest
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19th Ave/ Dunlap
1.32 miles
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Northern/ 19th Ave
2.13 miles
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Glendale/ 19th Ave
3.03 miles
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19th Ave/ Montebello
4.14 miles
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19th Ave/ Camelback
4.90 miles
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7th Ave/ Camelback
5.20 miles
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Central Ave/ Camelback
5.45 miles
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Campbell/ Central Ave
5.93 miles
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Indian School/ Central Ave
6.28 miles
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Osborn/ Central Ave
6.85 miles
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QuikTrip
0.24 miles
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Arco
0.88 miles
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Shell
0.89 miles
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Sunoco
1.11 miles
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Circle K
1.11 miles
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EVgo
2.21 miles
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ChargePoint
3.10 miles
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Blink
3.19 miles
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Phoenix - North 19th Avenue Supercharger
4.08 miles
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Tesla Supercharger
4.21 miles
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Student Parking Lot
2.70 miles
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Sunnyslope High School
2.71 miles
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Faculty Parking Lot
2.79 miles
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Parking - Village at Olive Marketplace
3.16 miles
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Sunnyslope Post Office Parking
3.18 miles
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Parking - Manuel's Mexican Restaurant
3.54 miles
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Parking - Arizona Federal Credit Union
3.74 miles
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Employee Parking - US Post Office
3.87 miles
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Parking - US Post Office
3.92 miles
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Parking - Starbucks
3.93 miles
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DoubleTree by Hilton Phoenix North
0.07 miles
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Premiere Inns
0.16 miles
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Baymont
0.22 miles
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Homewood Suites by Hilton Phoenix-Metro Center
0.31 miles
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Courtyard
0.37 miles
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Best Western North Phoenix Hotel
0.46 miles
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TownePlace Suites
0.47 miles
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Hyatt Place Phoenix-North
0.52 miles
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Collins Court Apts
0.66 miles
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Sheraton Crescent Hotel
0.70 miles
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Metrocenter Mall
0.23 miles
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Ross
0.28 miles
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dd's Discounts
0.32 miles
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Burlington
0.35 miles
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Walmart Supercenter
0.38 miles
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Fry's Food and Drug
0.92 miles
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El Rancho Market
1.50 miles
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Target
1.94 miles
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Sprouts Farmers Market
1.94 miles
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Albertsons
2.07 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

CP Partners