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Retail Strip Center
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124 S Ironwood Dr, Apache Junction, AZ 85120

Multi-tenant retail property with existing occupancy and an investment-oriented configuration.

Property Size6,480 SF
Days on Market144

Property Features for 124 S Ironwood Dr

General Information

Standard status Active
Size 6,480 SF
Property subtype Retail
Occupancy 70%

Additional Details

Cap Rate 7.1%

Building Details

Tenancy Multi
Listing Agency: Commercial Properties Inc Tempe
Listed By: Rex Griswold · License #AZ SA630241000
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 2:48PM

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 Commercial Properties Inc Tempe

Investment Insights

Based on property information with market context.

This 6,480 SF retail strip center is offered as an investment sale in Apache Junction, Arizona. The property is approximately 70% leased, providing an existing tenant base within a multi-tenant retail format.

The asset carries an approximately 7.1% CAP rate. Its address is 124 S Ironwood Dr, Apache Junction, AZ 85120.

Key Highlights

  • 6,480 SF retail strip center
  • Approximately 70% leased
  • Approximately 7.1% CAP rate

Property Analytics

Current Use

The Subslingers Restaurant Management Action Group ... Business Management Consultant Sofa Mercado Furniture & Home Goods Arizona Wholesale Floors Carpet & Flooring Store Jenny's Hair & Design Hair Salon

Suggested Use

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

70%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

749
Businesses Nearby
103k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 35% Hotels & Casinos 1%
McDonald's Dining
26,552 visits/mo 0.5 miles
Dutch Bros. Coffee Dining
18,274 visits/mo 0.3 miles
Circle K Shops & Services
14,595 visits/mo 0.1 miles
Chase Bank Shops & Services
8,891 visits/mo 0.3 miles
SONIC Drive In Dining
8,510 visits/mo 0.4 miles

Demographics for 85120, AZ

30,605
Population
17,430
Households
1.8
Avg Household Size
54
Median Age
14%
College-Educated
87%
High-School Grad
23.1 sq mi
ZIP Area
1,325
Density / Sq Mi
$53,921
Median Household Income
$35,155
Median Earnings
$958
Median Rent
$162,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-tenant retail property with existing occupancy and an investment-oriented configuration.
Where is this strip mall located?
The property is located at 124 S Ironwood Dr Apache Junction, AZ.
What are key features of this property?
This property features: 6,480 SF retail strip center; Approximately 70% leased; Approximately 7.1% CAP rate
(480) 966-2301 Call to check price and availability
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