Adara

333 E Roosevelt St, Phoenix, AZ 85004

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Street Retail
  • Property Size 272,962 SF
  • Units 166
  • Lot Size 1.99 Acre
  • Building Class C
  • Year Built 2013
  • Date Updated May 15, 2026

Description

Adara is located in the heart of Downtown Phoenix’s Roosevelt Row district, one of the city’s most vibrant and walkable urban neighborhoods, known for its mix of arts, culture, dining, and dense residential development. The area benefits from strong daytime and evening activity driven by a large concentration of nearby employment along the Central Avenue Corridor, one of Phoenix’s primary business hubs supporting tens of thousands of jobs in government, finance, professional services, technology, and healthcare. Just blocks away, the Arizona State University Downtown Phoenix campus serves as a major economic and educational anchor, drawing thousands of students, faculty, and staff into the neighborhood daily and creating consistent demand for coffee, food, and gathering spaces. This convergence of employment density, higher education, transit accessibility, and an expanding urban residential base creates an ideal environment for a restaurant, cafe, wine bar or QSR concept seeking strong foot traffic, repeat customers, and year-round energy.Urban, cultural, walkable district in the heart of Downtown Phoenix’s creative core, adjacent to Roosevelt Row - a nationally recognized arts district known for galleries, murals, and First Fridays art walk events.

Highlights

  • 2,475 SF Modern Urban Restaurant Opportunity with Patio Available - prime ground floor within a 316 unit upscale apartment building!
  • Adara is located within an urban, cultural, walkable district in the heart of Downtown Phoenix’s creative core, adjacent to Roosevelt Row - a nationally recognized arts district known for galleries, murals, and First Fridays art walk events.
  • Close to institutional anchors including Arizona State University’s Downtown campus, bringing steady student and faculty foot traffic.
  • Served by the Valley Metro Rail Roosevelt/Central Ave station - adding transit accessibility for commuters, residents, and visitors.
  • Surrounded by dense residential population and growing multifamily developments.

1 Space Available

110

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

2,475 SF

Divisible Space

2,475 - 2,475 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Bryan Babits

Western Retail Advisors

Location

Located at 333 E Roosevelt St, Phoenix, AZ 85004, this property is part of the Downtown Phoenix neighborhood and Phoenix market.

Contact Listing Broker
Bryan Babits

Western Retail Advisors

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.