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Retail Building with 5.25% Cap
For Sale
Contact for pricing
Pending

10602 North 32nd Street, Phoenix, AZ 85028

For sale retail property with a stated 5.25% cap rate and 14,820 SF total building size.

Property Size14,820 SF
Days on Market44

Property Features for 10602 North 32nd Street

General Information

Standard status Pending
Size 14,820 SF
Property subtype Retail

Additional Details

Cap Rate 5.25%
Listing Agency: Century 21 Peak Commercial Los Angeles
Listed By: Jason Flashman · License #CA 01841976
Source: Crexi
Added: Jul 21 Changed: Aug 22 Last Checked: Sep 2 at 1:56AM

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 Century 21 Peak Commercial Los Angeles

Investment Insights

Based on property information with market context.

This for-sale retail property is offered with a stated 5.25% cap rate and a total building size of 14,820 SF. The asset is presented as a retail building/space suitable for investors and operators seeking an income-focused acquisition.

The property is located at 10602 North 32nd Street, Phoenix, AZ 85028. Interested parties should review the offering materials for details on the current setup and lease or occupancy terms, as those are not provided in the public remarks.

Key Highlights

  • Retail property for sale with a stated 5.25% cap rate
  • Total building size of 14,820 SF

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Restaurant Dental Office Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Building Supply

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

936
Businesses Nearby

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property with a stated 5.25% cap rate and 14,820 SF total building size.
Where is this retail space located?
The property is located at 10602 North 32nd Street Phoenix, AZ.
What are key features of this property?
This property features: Retail property for sale with a stated 5.25% cap rate; Total building size of 14,820 SF
More about this property
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