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Food City-Anchored Shopping Center
For Sale
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Pending

7207-7227 S Central Ave, Phoenix, AZ 85042

Food City anchored shopping center with a tenant mix including dining, insurance, and banking.

Property SizeContact for details
Days on Market111

Property Features for 7207-7227 S Central Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: CBRE - Phoenix
Listed By: Zach Aulick · License #Arizona - SA566983000
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 11 at 5:13PM

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 CBRE - Phoenix

Investment Insights

Based on property information with market context.

Southgate Center is a 97,840 square foot shopping center anchored by Food City. The center includes a diverse tenant mix featuring Metro by T-Mobile, Hungry Howie’s, MidFirst Bank, Tortas Paquime, and Freeway Insurance, along with additional space supporting Food City, which is supported by over 52,000 square feet.

The property is located north of the northeast corner of Central Avenue and Baseline Road in Phoenix, along South Central Avenue. Public remarks note that within a one-mile radius the population exceeds 19,000 and is projected to grow to over 20,000 by 2030, with Hispanic residents comprising approximately 73% of the local community.

CBRE also highlights that the South Central Extension/Downtown Hub of the Valley Metro light rail system has recently been completed, connecting South Phoenix to downtown and the broader Valley Metro network. The project is described as including eight new stations and a major downtown transit hub, and is expected to add over 8,000 daily riders to the system, with upgraded bike lanes, pedestrian pathways, and public art along the corridor.

Key Highlights

  • 97,840 SF Food City anchored shopping center in Phoenix, AZ, located north of the NE corner of Central Ave and Baseline Rd
  • Over 52,000 SF to Food City alone
  • Tenant mix includes Metro by T‑Mobile, Hungry Howie’s, MidFirst Bank, Tortas Paquime, and Freeway Insurance

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Restaurant Big Box & Wholesale Store Auto Parts Store

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

451
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85042, AZ

45,433
Population
16,139
Households
2.8
Avg Household Size
35
Median Age
32%
College-Educated
82%
High-School Grad
19.4 sq mi
ZIP Area
2,342
Density / Sq Mi
$86,837
Median Household Income
$46,897
Median Earnings
$1,495
Median Rent
$353,400
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Food City anchored shopping center with a tenant mix including dining, insurance, and banking.
Where is this shopping center located?
The property is located at 7207-7227 S Central Ave Phoenix, AZ.
What are key features of this property?
This property features: 97,840 SF Food City anchored shopping center in Phoenix, AZ, located north of the NE corner of Central Ave and Baseline Rd; Over 52,000 SF to Food City alone; Tenant mix includes Metro by T‑Mobile, Hungry Howie’s, MidFirst Bank, Tortas Paquime, and Freeway Insurance
More about this property
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