Listing Agency: SRS Real Estate Partners | Phoenix e***@srsre.com Show Phone

Listed By: Ed Beeh · License #BRO32807000 Show Phone

Source: Moodyscre

Added: Jan 12, 2023 Changed: Jul 6 Last Checked: Jul 21 at 6:28AM

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Investment Insights

Based on property information with market context.

This retail space is located within a recently renovated and well-maintained shopping center. The center is anchored by Vasa Fitness. The surrounding trade area is established, with a population exceeding 100,000 and an average household income of over $100,000 within a 3-mile radius. The property offers 3,185 square feet of retail space.

Key Highlights

• Vasa Fitness anchored center
• Recently renovated and well‑maintained
• Established trade area

Property Analytics

Property Profile

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store VASA Fitness Gym & Fitness Center Fatso's Pizza Restaurant Anzhela's Hair Cuts Hair Salon 32nd Street Salon Hair Salon

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Dental Office

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

517

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Market

Lease Benchmarks for Phoenix, AZ

$15.05 /SF/Yr

Avg Asking Price

$1.19–$32 /SF/Yr

Price Range

8,944 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 shopping centers 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?

Shopping center - Recently renovated retail space in a well-maintained, anchored shopping center.

Where is this shopping center located?

The property is located at 3131 E Thunderbird Rd Phoenix, AZ.

What are key features of this property?

This property features: Vasa Fitness anchored center; Recently renovated and well‑maintained; Established trade area