Fitness and Dollar Tree Anchored
For Sale
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3131 E Thunderbird Rd, Phoenix, AZ 85032
Community shopping center anchored by Vasa Fitness and Dollar Tree with extensive capital improvements since 2020.
Property SizeContact for details
Days on Market136
Property Features for 3131 E Thunderbird Rd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Year Renovated
2020
Tenancy
Multi
Listing Agency:
SRS National Net Lease Group
(415) 274-2701
Listed By:
Stephanie Davis · License #SA116128000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 5:28PM
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 National Net Lease Group
Investment Insights
Based on property information with market context.
Mountainview Marketplace is an anchored community shopping center featuring Vasa Fitness and Dollar Tree. The property has added recent tenants, including Salon Suites and Inspired Environments, and has a history of established tenant occupancy and renewals.
Ownership has completed significant renovations and capital improvements since 2020, including approximately $6 million in expenditures. Major physical plant upgrades include new roofs on roughly 90% of the GLA, high-impact exterior painting, updated landscaping elements, upgraded LEED lighting in common areas, extensive parking lot improvements (including slurry and stripping), and numerous HVAC unit replacements.
The center operates as a daily-needs shopping destination and benefits from strong freeway access in an infill Phoenix location.
Ownership has completed significant renovations and capital improvements since 2020, including approximately $6 million in expenditures. Major physical plant upgrades include new roofs on roughly 90% of the GLA, high-impact exterior painting, updated landscaping elements, upgraded LEED lighting in common areas, extensive parking lot improvements (including slurry and stripping), and numerous HVAC unit replacements.
The center operates as a daily-needs shopping destination and benefits from strong freeway access in an infill Phoenix location.
Key Highlights
- Shopping center anchored by Vasa Fitness and Dollar Tree
- More than 32,500 SF added through recent leasing including Dollar Tree, Salon Suites, and Inspired Environments
- Approximately $6 million in capital expenditures since 2020, including new roofs
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85032, AZ
68,710
Population
30,386
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
5,541
Density / Sq Mi
$74,331
Median Household Income
$44,790
Median Earnings
$1,492
Median Rent
$387,900
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
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Frequently Asked Questions
What type of property is this?
Shopping center - Community shopping center anchored by Vasa Fitness and Dollar Tree with extensive capital improvements since 2020.
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: Shopping center anchored by Vasa Fitness and Dollar Tree; More than 32,500 SF added through recent leasing including Dollar Tree, Salon Suites, and Inspired Environments; Approximately $6 million in capital expenditures since 2020, including new roofs
