Listing Agency: CBRE | Phoenix b***@cbre.com Show Phone

Listed By: Bill Bones · License #AZ SA555040000 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 21 Last Checked: Aug 21 at 6:48AM

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Investment Insights

Based on property information with market context.

This retail property, encompassing 12,239 square feet, is located at a signalized intersection, offering good access and excellent visibility. The location benefits from a dense population, with over 198,874 residents within a three-mile radius. Easy access to Interstate 17 enhances the property's accessibility. The property is slated for planned redevelopment.

Key Highlights

• Dense population: over 198,874 within 3 miles
• Located at a signalized intersection
• Good access and excellent visibility

Property Analytics

Property Profile

Current Use

VASA Fitness Gym & Fitness Center Discount Tire Repair ... General Contractor Mary Chester Pharmacy Coralline Hu Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Gym & Fitness Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

419

Businesses Nearby

Explore this area Business Placement

Demographics for 85051, AZ

46,123

Population

16,818

Households

2.7

Avg Household Size

34

Median Age

20%

College-Educated

81%

High-School Grad

6.4 sq mi

ZIP Area

7,207

Density / Sq Mi

$63,665

Median Household Income

$38,980

Median Earnings

$1,256

Median Rent

$288,300

Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$21.72 /SF/Yr

Avg Asking Price

$15–$34.1 /SF/Yr

Price Range

21,970 SF

Avg Space Size

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019

8.7% 2020

7.4% 2021

5.6% 2022

5.1% 2023

5.4% 2024

5.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this strip malls located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - Retail property for lease with planned redevelopment in Phoenix.

Where is this strip mall located?

The property is located at 8021 North 35th Avenue Phoenix, AZ.

What are key features of this property?

This property features: Dense population: over 198,874 within 3 miles; Located at a signalized intersection; Good access and excellent visibility