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NEC Tatum Blvd & Shea Blvd, Phoenix, AZ 85028

Retail property in affluent Scottsdale/Paradise Valley area, high visibility.

Property Size295,192 SF
Days on Market247

Property Features for NEC Tatum Blvd & Shea Blvd

General Information

Standard status Active
Size 295,192 SF
Property subtype Retail
Listing Agency: Western Retail Advisors, LLC
Listed By: Jake McClaughry · License #673585000
Source: W-retail
Added: Nov 25, 2025 Changed: Jul 10 Last Checked: Jul 30 at 3:31AM

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 Western Retail Advisors, LLC

Investment Insights

Based on property information with market context.

Paradise Village Gateway is a 295,192 square foot retail property that serves the Scottsdale and Paradise Valley communities. It is positioned at the intersection of Tatum Boulevard and Shea Boulevard, offering visibility and access. The open-air regional shopping center is anchored by PetSmart, Ross, and Walgreens. It also features specialty retail shops and restaurants such as ChopShop, Torchy's Tacos, and Club Pilates. The location benefits from a dense population count of 214,889 within a 5-mile radius and high incomes averaging $123,925 within the same radius.

Key Highlights

  • Located in Scottsdale/Paradise Valley, an affluent area with high incomes.
  • High population density makes this a desirable location.
  • Premier open‑air regional shopping center.

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

922
Businesses Nearby
Balanced
Demand for This Use

Demographics for 85028, AZ

19,888
Population
8,642
Households
2.3
Avg Household Size
48
Median Age
56%
College-Educated
97%
High-School Grad
6.9 sq mi
ZIP Area
2,882
Density / Sq Mi
$119,436
Median Household Income
$69,819
Median Earnings
$1,832
Median Rent
$583,000
Median Home Value

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
Rey
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Similar Off Market Nearby

  • Shea Plaza Shopping Center — 3375 E Shea Blvd, Phoenix, AZ 85028
  • Shea Court — 3519 E Shea Blvd, Phoenix, AZ 85028
  • Paradise Hills — 10610 N 32nd St, Phoenix, AZ 85028
  • Shea Plaza — 10631 N 32nd St, Phoenix, AZ 85028

Frequently Asked Questions

What type of property is this?
Shopping center - Retail property in affluent Scottsdale/Paradise Valley area, high visibility.
Where is this shopping center located?
The property is located at NEC Tatum Blvd & Shea Blvd Phoenix, AZ.
What are key features of this property?
This property features: Located in Scottsdale/Paradise Valley, an affluent area with high incomes.; High population density makes this a desirable location.; Premier open‑air regional shopping center.
More about this property
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