Listing Agency: The Plaza Companies m***@theplazaco.com Show Phone

Listed By: Margaret Lloyd · License #BR021825000 Show Phone

Source: Moodyscre

Added: Feb 16, 2023 Changed: Jul 6 Last Checked: Jul 22 at 4:06AM

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Investment Insights

Based on property information with market context.

This retail space is located in a shopping center that is positioned in Laveen, a Phoenix suburb experiencing rapid growth. The center is anchored by Fry’s Food & Drug. The available space is 2,176 square feet.

Key Highlights

• Anchored by Fry’s Food & Drug, the grocery leader in Phoenix.
• Strategically positioned in Laveen, a fast‑growing Phoenix suburb.
• Beautifully developed with rustic elegance.

Property Analytics

Property Profile

Current Use

Phoenix Desert Nursery Garden Center Rainbow Shops Clothing & Fashion Store CactusStore Big Box & Wholesale Store Adirondack Chairs Phoenix Furniture & Home Goods RL AZ SERVICES Bank

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Spa & Massage Center Real Estate Agency 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

$3.30 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

359

Businesses Nearby

171k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 86% Apparel 6% Dining 5% Shops & Services 3%

Walmart Superstores

146,157 visits/mo 0.2 miles

Goodwill Apparel

10,353 visits/mo 0.4 miles

Filiberto's Mexican Food Dining

8,462 visits/mo 0.3 miles

U.S. Bank Shops & Services

5,812 visits/mo 0.3 miles

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

This space is priced 46% above the average of $15.05 /SF/Yr.

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Shopping center - Retail space available in a strategically positioned shopping center.

Where is this shopping center located?

The property is located at 3525 W Southern Ave Phoenix, AZ.

What is the lease rate?

The lease rate is $22 SF/Yr.

What are key features of this property?

This property features: Anchored by Fry’s Food & Drug, the grocery leader in Phoenix.; Strategically positioned in Laveen, a fast‑growing Phoenix suburb.; Beautifully developed with rustic elegance.