North Mountain Retail

9620 N Metro Pkwy W Space
North Mountain, Phoenix, AZ
# Metro Power Center Retail Space & Pad Retail shop space and pad available in Metro Power Center, located at the southwest corner of N. Metro Pkwy West and Cheryl Dr., in Phoenix, Ariz. Metro Power Center is part of the NS Retail premier 10-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 and Pad in Metro Power Center** - Suite Sizes: ±985 SF to ±40,166 SF – _refer to brochure in side column for details_ - Pad 1: ±64,193 SF - Two big box opportunities Traffic Counts - N Metro Pkwy West: 15,707 VPD - Cheryl Drive: 57,840 VPD - Total: 73,547 VPD Features - Adjacent to Metro Center Mall redevelopment - Two big box opportunities - Across from Walmart Supercenter (under construction) - Wonderful opportunity to get into the Metro Center retail market - More than 146,360 daytime employees - 165,162 vehicles per day on nearby I-17 - More than 175,685 residents within three miles - Average household income over $ 60,584 per year - Tenants include Mongolian Grill, Peter Piper Pizza, Old Country Buffet, E-Institute Charter School, 3D Nails and Mi Pueblo Mexican Restaurant

North Mountain

Office Space Market Report

Number of Listings (last 90 days)
221
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,110
As of: March 12, 2017

North Mountain Rates

On average, listings lease in the $10's per square foot per year. The North Mountain submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the North Mountain region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

North Mountain Listing Supply

In the last 90 days, 221 listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,110 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1983 and are Class B.

North Mountain Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst North Mountain folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

Real time and historical data on commercial real estate listings in North Mountain.
Research