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Remodeled Grocery Anchor Retail
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1625 E Camelback Rd, Phoenix, AZ 85016

A 1997-built Target grocery anchor is being completely remodeled with shared on-site parking for center tenants.

Property SizeContact for details
Days on Market122

Property Features for 1625 E Camelback Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Cushman & Wakefield - San Francisco, California
Listed By: Christopher Sheldon · License #CA 01806345
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 2:01PM

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 Cushman & Wakefield - San Francisco, California

Investment Insights

Based on property information with market context.

Originally built in 1997, this approximately 150,490-square-foot Target building is being completely remodeled as part of Target’s urban “flexible format” concept with grocery. The property will provide a core retail anchor presence within Camelback Marketplace Shopping Center.

The Target is located on the southeast corner of a busy intersection of E Camelback Road and N 16th Street, adjacent to the Piestewa Freeway (AZ 51). The site is also within direct proximity to the North Central and Biltmore shopping areas and upscale neighborhoods.

The center includes 235 on-site parking spaces shared in common with other tenants in the shopping center.

Key Highlights

  • 1997‑built, approximately 150,490 SF building being completely remodeled for Target’s urban flexible format concept with grocery
  • Target is the anchor tenant of the Camelback Marketplace Shopping Center
  • Located on the southeast corner of E Camelback Road and N 16th Street, adjacent to Piestewa Freeway (AZ 51)

Property Analytics

Current Use

Planet Fitness Gym & Fitness Center CVS Pharmacy Pharmacy Starbucks Cafe & Coffee Shop Target Mobile Mobile Phone Store ChargeItSpot Telecommunications Service

Suggested Use

Top Pick Building Supply Food Market Electrical Service Grocery & Convenience Store Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,328
Businesses Nearby
Balanced
Demand for This Use

Demographics for 85016, AZ

37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value

Market

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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Frequently Asked Questions

What type of property is this?
Shopping center - A 1997-built Target grocery anchor is being completely remodeled with shared on-site parking for center tenants.
Where is this shopping center located?
The property is located at 1625 E Camelback Rd Phoenix, AZ.
What are key features of this property?
This property features: 1997‑built, approximately 150,490 SF building being completely remodeled for Target’s urban flexible format concept with grocery; Target is the anchor tenant of the Camelback Marketplace Shopping Center; Located on the southeast corner of E Camelback Road and N 16th Street, adjacent to Piestewa Freeway (AZ 51)
More about this property
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