Safeway-Anchored Shopping
For Sale
Contact for pricing
1635 East Cottonwood Street, Cottonwood, AZ 86326
C-1-zoned retail center with a nearly fully leased tenant roster.
Property Size134,282 SF
Price / SF$108.65
Days on Market11
Property Features for 1635 East Cottonwood Street
General Information
Standard status
Active
Size
134,282 SF
Property subtype
Retail
Zoning
C-1
Occupancy
99%
Net Operating Income
$1,021,134
Additional Details
Anchor Co-Tenants
Safeway, Ross Dress for Less
Building Details
Year Built
1980
Year Renovated
2021
Tenancy
Multi
Listing Agency:
CBRE - Phoenix
Listed By:
Zach Aulick · License #Arizona - SA566983000
Source:
Crexi
Added: Aug 19
Changed: Aug 28
Last Checked: Aug 28 at 7:14PM
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.
Sawmill Square is a 134,282-square-foot shopping center completed in 1980 and positioned at 1635 East Cottonwood Street in Cottonwood, Arizona. The center is zoned C-1 and is anchored by Safeway, which has occupied its space since the property opened. The tenant roster also includes national and local retailers, with reported occupancy of 99.3%. Ross Dress for Less has committed to a lease extending through 2037.
The property serves the Verde Valley’s commercial hub and draws demand from both surrounding households and visitors. Within five miles, the trade area includes approximately 33,008 residents and 14,725 households, while the daytime population exceeds 31,700. Average household income is reported at $87,351, and average home values approach $472,000. Cottonwood’s tourism base includes Old Town Cottonwood, more than 20 wineries, and nearby outdoor recreation destinations.
The property serves the Verde Valley’s commercial hub and draws demand from both surrounding households and visitors. Within five miles, the trade area includes approximately 33,008 residents and 14,725 households, while the daytime population exceeds 31,700. Average household income is reported at $87,351, and average home values approach $472,000. Cottonwood’s tourism base includes Old Town Cottonwood, more than 20 wineries, and nearby outdoor recreation destinations.
Key Highlights
- 134,282‑square‑foot shopping center completed in 1980
- 99.3% leased occupancy
- Safeway has been an original tenant since 1980
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
915
Businesses Nearby
227k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 31%
Dining 27%
Groceries 22%
Apparel 7%
Safeway
Groceries
31,106 visits/mo
0.1 miles
Food City Arizona
Groceries
18,760 visits/mo
0.1 miles
Dutch Bros. Coffee
Dining
18,692 visits/mo
0.2 miles
SONIC Drive In
Dining
13,528 visits/mo
0.4 miles
Dollar Tree
Shops & Services
12,800 visits/mo
0.1 miles
Demographics for 86326, AZ
24,465
Population
12,243
Households
2
Avg Household Size
49
Median Age
25%
College-Educated
91%
High-School Grad
45.5 sq mi
ZIP Area
538
Density / Sq Mi
$58,250
Median Household Income
$36,479
Median Earnings
$1,102
Median Rent
$312,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - C-1-zoned retail center with a nearly fully leased tenant roster.
Where is this shopping center located?
The property is located at 1635 East Cottonwood Street Cottonwood, AZ.
What is the asking price?
The asking price for this property is $14,590,000.
What are key features of this property?
This property features: 134,282‑square‑foot shopping center completed in 1980; 99.3% leased occupancy; Safeway has been an original tenant since 1980
