Arizona Retail

For Lease High Visibility Retail Center Space
Mesa, AZ
# For Lease High Visibility Retail Center High visibility retail center for lease: Southern Sunset Plaza, located at the southwest corner of Country Club Drive and Southern Avenue in Mesa, Ariz. Seeking multiple restaurant users, with four former restaurant spaces available: - ±1,660 SF - Former Subway - ±2,407 SF - Former Chinese restaurant with hood and walk-ins - ±2,805 SF - Suites 1340 and 1342 can be combined to front Country Club Drive, some restaurant improvement existing - ±2,835 SF - End-cap restaurant space fronting Southern Avenue Space for Sale or Lease - Suites 1262-1 & 1262-2: ±4,185 SF - Sale Price: $700,000 Retail Pad Available: ±40,000 SF - call for details Space for Lease: - Suite 1262-1: ±2,835 (former restaurant) - Suite 1262-2: ±1,350 - Suite 1300-A3: ±24,016 - Suite 1326: ±2,407 (former restaurant) - Suite 1328: ±3,140 - Suite 1330: ±1,540 - Suite 1332: ±1,660 (former restaurant) - Suite 1340: ±1,650 (former restaurant) - Suite 1342: ±1,155 - Suites 1340 & 1342 can be combined: Contiguous Space Available: - Suites 1328, 1330 & 1332 contiguous to ±6,340 - Suites 1340 & 1342 contiguous to ±2,805  Lease Rate: - $8 to $20 PSF, ±$3.66 PSF NNN - Generous tenant improvement allowance for qualified users Features - 237,152 SF mixed-use shopping center with retail and employment users - Large employment population concentrated in and near the center - On-site 24-hour call center averaging 1,000 employees per day - Area draw from the Fiesta District, with employment population of 87,292 within a 3-mile radius - Excellent visibility and monument signage opportunities - Attractive renovations underway - Large parking field - Less than one mile from US-60 (full-diamond interchange) - Current tenants include Taco Bell, iPacesetters, K-MOMO, Antique City Warehouse, Carrington College, 24-7 Intouch Contact Centers, Dry Cleaners and Crick Wireless
4730 E Lone Mountain Rd Space
Desert View, Phoenix, AZ
# Lone Mountain Landing Retail Space Retail shop space available in Lone Mountain Landing, located at the northeast corner of Lone Mountain Road and Cave Creek Road in Phoenix, Ariz. Lone Mountain Landing is part of the NS Retail premier property portfolio that offers: (1) widespread availability across the market allowing multiple deals with single landlord source; (2) opportunity for regional, national and franchise-based tenants to enter market quickly with multiple locations in multiple trade areas; (3) prime intersections with great traffic and class A anchor tenants, such as Walmart, Fry’s and Safeway. _Refer to brochure in side column for map of all property locations._ Available Shop Space in Lone Mountain Landing - Suite Sizes: ±1,200 SF to ±1,679 – refer to brochure in side column for details - Suite 106: ±1,200 SF - Suite 110: ±1,206 SF - Suite 116: ±1,630 SF - Suite 126: ±1,209 SF - Suite 135: ±1,679 SF Traffic Counts - Lone Mountain Road: 6,786 VPD - Cave Creek Road: 25,143 VPD - Total: 31,929 VPD Features - Amazing retail opportunity in an underserved, North Phoenix trade area - Anchored by Tutor Time & Foothills Academy - More than 27,800 residents in a three-mile radius, with steady population growth predicted - Monument signage available on Cave Creek Road - Average annual household income over $126,950 - Tenants include Foothills Academy, Brisam’s Sports Grill, Tutor Time, Total Sports Fitness, Gauntlet CrossFit, Celebrity Tanning, Center for Evolved Movement, Lone Mountain Pet Grooming, Lone Mountain Cleaners and New Nails.
3230 E Shea Blvd Space
Paradise Valley, Phoenix, AZ
# Shea Plaza, Retail Space, Pad & Outparcel Retail space available in Shea Plaza, located at the southeast corner of Shea Blvd. and 32nd St., in Phoenix, Ariz. Purchase or ground lease opportunity on hard corner pad. Shea Plaza is part of the NS Retail premier property portfolio that offers: (1) widespread availability across the market allowing multiple deals with single landlord source; (2) opportunity for regional, national and franchise-based tenants to enter market quickly with multiple locations in multiple trade areas; (3) prime intersections with great traffic and class A anchor tenants, such as Walmart, Fry’s and Safeway. Refer to brochure in side column for map of all property locations. Available Space in Shea Plaza - Suite C5: ±2,711 SF - Suite B: ±14,853 SF - Pad C: ±1,300 SF - Outparcel O-1: ±22,000 SF, ground lease or sale Traffic Counts - Shea Boulevard: 19,192 VPD - 32nd Street: 18,767 VPD - Total: 37,959 VPD Features - Fantastic opportunity to get into a busy shopping center anchored by Basha’s and Walgreens - Infill location in affluent trade area - Great visibility to high-traffic intersection - More than 86,800 residents within a three-mile radius - Access to all part of Phoenix Metropolitan Statistical Area via State Route 51 Interchange - Tenants include Bashas’, Goodyear Tire, Leslie’s Pool Supplies, Karen’s Hallmark, Arizona Car Wash, Shea Animal Hospital, Subway and Salon Suites

Arizona

Office Space Market Report

Number of Listings (last 90 days)
2,078
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,880
As of: January 23, 2017

Arizona Rates

On average, listings lease in the $20's per square foot per year. The Arizona submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.

Arizona Listing Supply

In the last 90 days, 2090 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the available space in the Arizona are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,880 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1992 and are Class B.

Arizona Community

Market Report

Trends and status of the commercial real estate market in Arizona.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Arizona.
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