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Norterra Shops Retail Space Available
For Lease
Contact for pricing

2470 W Happy Valley Rd, Phoenix, AZ 85085

Retail space in a bustling Phoenix lifestyle center.

Space Size3,010 SF
Days on Market650

Property Features for 2470 W Happy Valley Rd

General Information

Standard status Active
Size 3,010 SF
Property subtype RETAIL

Spaces For Lease

at 2470 W Happy Valley Rd Contact us

2470 W Happy Valley Rd

Floor
1
Size
3,010 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Happy Valley Towne Center is an 800,000 SF regional shopping and dining destination...
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Listing Agency: SRS Real Estate Partners | Phoenix
Listed By: Scott Ellsworth · License #.SA116826000
Source: Moodyscre
Added: Nov 29, 2024 Changed: Sep 8 Last Checked: Sep 9 at 11:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | Phoenix

Investment Insights

Based on property information with market context.

The Shops at Norterra is a 354,000 square foot lifestyle center with specialty retailers and junior anchors. Located in the rapidly expanding north Phoenix area known as the Black Canyon Corridor, it is adjacent to the USAA corporate campus. The Shops at Norterra creates a village-like atmosphere with abundant pedestrian walkways. Tenants include a Harkins Theaters, DICK's Sporting Goods, BevMo, Victoria's Secret and more plus a host of bustling full-service and fast-casual restaurant options including Mellow Mushroom, Sauce, Pita Jungle, P.F. Chang's, Chipotle and Panera Bread. Available is a 2,609 square foot property.

Key Highlights

  • Located in the rapidly expanding north Phoenix Black Canyon Corridor.
  • 354,000 square foot lifestyle center.**
  • Adjacent to the USAA corporate campus.

Property Analytics

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Current Use

CYCLEBAR Gym & Fitness Center Chipotle Mexican Grill Restaurant Sauce Pizza & Wine Restaurant Amazing Lash Studio ... Hair Salon Bath & Body Works Cosmetic Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store HVAC Service Carpet & Flooring Store Tattoo & Piercing Shop

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

747
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85085, AZ

27,875
Population
12,737
Households
2.2
Avg Household Size
36
Median Age
51%
College-Educated
97%
High-School Grad
38.1 sq mi
ZIP Area
732
Density / Sq Mi
$122,138
Median Household Income
$70,162
Median Earnings
$1,818
Median Rent
$589,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Phoenix, AZ

$21.4 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
10,942 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
Rey
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Similar Off Market Nearby

  • HAPPY VALLEY TOWNE COURT 1985 W Happy Valley Rd, Phoenix, AZ 85085
  • Shops at Norterra 2450 W Happy Valley Rd #1142, Phoenix, AZ 85085
  • Vihaan 2470 W Happy Valley Rd, Phoenix, AZ 85085

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in a bustling Phoenix lifestyle center.
Where is this shopping center located?
The property is located at 2470 W Happy Valley Rd Phoenix, AZ.
What are key features of this property?
This property features: Located in the rapidly expanding north Phoenix Black Canyon Corridor.; 354,000 square foot lifestyle center.**; Adjacent to the USAA corporate campus.
(602) 369-1368 Call to check price and availability
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