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Multi-Tenant Retail Strip Center
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15840 N 32nd St, Phoenix, AZ 85032

Multi-tenant retail building with ample on-site parking and multiple signage options on N 32nd Street.

Property Size1,120 SF
Days on Market238

Property Features for 15840 N 32nd St

General Information

Standard status Active
Size 1,120 SF
Property subtype RETAIL

Site & Location

Traffic Count 20,000 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

monument signage
building facade signage

Building Details

Year Built 1985
Tenancy Multi
Listing Agency: SRS Real Estate Partners | Phoenix
Listed By: Matthew Murray
Source: Moodyscre
Added: Dec 4, 2025 Changed: Jul 28 Last Checked: Jul 29 at 3:03PM

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 Real Estate Partners | Phoenix

Investment Insights

Based on property information with market context.

This multi-tenant retail strip center was built in 1985 and is positioned along N 32nd Street with frontage suited for retail and service-oriented users. Multiple signage options are available, including monument and building façade signage, supporting strong visibility for tenants.

The property is located in the Paradise Valley Village area of Phoenix with easy access to SR 51. Public remarks indicate approximately 20,000 vehicles per day and 60,000 households within 3 miles, alongside ample on-site parking for customers.

As a retail-focused, multi-tenant building, the center offers a commercial configuration designed for day-to-day storefront operations.

Key Highlights

  • Multi‑tenant retail building built in 1985
  • Excellent frontage on N 32nd Street with easy access to SR 51
  • About 20,000 vehicles per day and 60,000 households within 3 miles

Property Analytics

Current Use

Lino&Sons Developments Construction Company Paisa Envios Shipping Company Quality Automotive Sales ... Car Dealership 2nd Love Store ... Discount Store Guatelinda AZ Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Parking Lot & Garage Catering Service Tanning Salon Bakery

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

20,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

561
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Phoenix, AZ

$15.05 /SF/Yr
Avg Asking Price
$1.19–$32 /SF/Yr
Price Range
8,944 SF
Avg Space Size

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 - Multi-tenant retail building with ample on-site parking and multiple signage options on N 32nd Street.
Where is this shopping center located?
The property is located at 15840 N 32nd St Phoenix, AZ.
What are key features of this property?
This property features: Multi‑tenant retail building built in 1985; Excellent frontage on N 32nd Street with easy access to SR 51; About 20,000 vehicles per day and 60,000 households within 3 miles
(602) 682-6010 Call to check price and availability
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