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Price Reduced! This can be a redevelopment opportunity. infill, large, level, hard corner multi-use property available, directly on light rail.... show more »View Details
1721 East Washington Street is aland property for lease in Phoenix, AZ. The property currently has 1 land for lease and is marketed by .
Subject Property Location
The property is located at a hard corner with 1.27 acres +/- available for redevelopment, land lease, build to suit, commercial office, industrial office, MultiFamily and mixed use projects. Assemblage possible with contiguous parcels.
The subject property is located at 1721 E Washington Street in the City of Phoenix, Maricopa County, Arizona. The subject property is in a good location with respect to commercial services, thoroughfares, public transportation and community services. Appeal of the area is generally good but older in terms of retail, commercial and residential use. The subject benefits from heavy commuter and local traffic along Washington Street. The area is anticipated to experience growth in the foreseeable future due to its location on the light rail extension. Cities along the light rail are now allowing new ‘Walkable Urban’ zoning, with generally allows up to 5 stories in new construction along the light rail corridor.
City of Phoenix Location
The City of Phoenix is among the fastest-growing metropolitan areas in the country with an estimated 4.3 million residents. It has an accessible location, excellent lifestyle amenities, a pro-business Governor with a growing business and entrepreneurial climate. The area has a predictable 320+ days of sunshine each year with mild winter temps and summer months of dry heat. Phoenix is the epicenter of the Southwest and proves to be particularly desirable to aerospace, nanotechnology, bioscience, advanced business services, high-tech and healthcare. Phoenix is home to major sports franchises: Arizona Diamondback baseball, Phoenix SUNS basketball, and Arizona Cardinals football and Arizona Coyotes hockey.
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