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Retail Corridor Property
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16233 North 83rd Avenue, Peoria, AZ 85382

Retail property available for sale in the Phoenix MSA, located across from a spring training complex.

Property Size6,324 SF
Price / SF$704.30
Days on Market92

Property Features for 16233 North 83rd Avenue

General Information

Standard status Active
Size 6,324 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $267,862

Building Details

Year Built 2002
Year Renovated 2015
Stories 1
Tenancy Single
Listing Agency: Matthews
Listed By: David Harrington · License #CO701910000
Source: Crexi
Added: Jun 9 Changed: Aug 13 Last Checked: Sep 8 at 8:36AM

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 Matthews

Investment Insights

Based on property information with market context.

This retail property is offered for sale and totals 6,324 square feet. It is positioned as part of an ultra-dense retail corridor within the Phoenix MSA.

The property is located across from a Major League Baseball spring training complex, which may support strong recurring foot traffic driven by seasonal activity.

Additional details about the building layout, tenant configuration, and condition are not provided in the available information.

Key Highlights

  • Retail property built in 2002
  • Located in the Phoenix MSA
  • Situated across from an MLB spring training complex

Property Analytics

Current Use

Red Robin Gourmet ... Restaurant

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Veterinary Clinic Florist Parking Lot & Garage

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

1,621
Businesses Nearby
586k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Superstores 27% Leisure 13% Apparel 13%
Target Superstores
155,886 visits/mo 0.3 miles
Harkins Theatres Arrowhead Fountains 18 Leisure
78,869 visits/mo 0.5 miles
Ross Dress for Less Apparel
53,287 visits/mo 0.2 miles
The Cheesecake Factory Dining
38,134 visits/mo 0.2 miles
HomeGoods Home Improvements & Furnishings
37,581 visits/mo 0.4 miles

Demographics for 85382, AZ

42,576
Population
19,796
Households
2.2
Avg Household Size
45
Median Age
38%
College-Educated
93%
High-School Grad
9.9 sq mi
ZIP Area
4,301
Density / Sq Mi
$93,387
Median Household Income
$53,864
Median Earnings
$1,875
Median Rent
$408,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property available for sale in the Phoenix MSA, located across from a spring training complex.
Where is this retail space located?
The property is located at 16233 North 83rd Avenue Peoria, AZ.
What is the asking price?
The asking price for this property is $4,454,000.
What are key features of this property?
This property features: Retail property built in 2002; Located in the Phoenix MSA; Situated across from an MLB spring training complex
More about this property
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