- 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.
True
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