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Second-Gen Restaurant and Retail Space
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2140 E Cactus Rd, Phoenix, AZ 85022

Two available second-generation spaces with flexible demising options near major retail anchors.

Space Size3,199 SF
Days on Market122

Property Features for 2140 E Cactus Rd

General Information

Standard status Active
Size 3,199 SF
Property subtype RETAIL

Site & Location

Traffic Count 66,000 vehicles/day
Highway Access Yes

Spaces For Lease

at 2140 E Cactus Rd Contact us

2140 E Cactus Rd

Floor
1
Size
3,199 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
Two available spaces -- +/-1,335 SF second-gen restaurant (former Subway) and +/-3,199...
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Listing Agency: Velocity Retail Group
Listed By: Brian Gast · License #SA538491000
Source: Moodyscre
Added: May 15 Changed: Sep 9 Last Checked: Sep 12 at 9:49AM

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 Velocity Retail Group

Investment Insights

Based on property information with market context.

The property offers two available spaces: approximately 1,335 square feet of second-generation restaurant space (former Subway) and approximately 3,199 square feet of retail space demisable into two suites. The larger retail area is configured to accommodate a range of tenant sizes and uses.

The center is located at a high-traffic, signalized intersection on E Cactus Rd near E Cactus Rd and Cave Creek Rd, providing strong daily visibility and drive-by exposure. It sits adjacent to Home Depot and EōS Fitness, with established national anchors generating consistent customer traffic.

In addition to the nearby retail draw, the location is listed as less than 2 miles from the Loop 51 for convenient freeway access for employees, customers, and delivery traffic.

Key Highlights

  • Two available spaces: +/−1,335 SF second‑gen restaurant (former Subway) and +/−3,199 SF retail space
  • 3,199 SF retail space can be demised into two suites to fit multiple tenant sizes and uses
  • 66,000+ combined CPD at the signalized intersection of Cactus Rd and Cave Creek Rd

Property Analytics

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Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Bakery Cafe & Coffee Shop 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.

Lease Details

66,000 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85022, AZ

51,314
Population
25,020
Households
2.1
Avg Household Size
39
Median Age
36%
College-Educated
91%
High-School Grad
9.4 sq mi
ZIP Area
5,459
Density / Sq Mi
$66,601
Median Household Income
$45,875
Median Earnings
$1,517
Median Rent
$385,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • China Harvest Buffet 12407 N 28th Dr, Phoenix, AZ 85029

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two available second-generation spaces with flexible demising options near major retail anchors.
Where is this conventional restaurant located?
The property is located at 2140 E Cactus Rd Phoenix, AZ.
What are key features of this property?
This property features: Two available spaces: +/−1,335 SF second‑gen restaurant (former Subway) and +/−3,199 SF retail space; 3,199 SF retail space can be demised into two suites to fit multiple tenant sizes and uses; 66,000+ combined CPD at the signalized intersection of Cactus Rd and Cave Creek Rd
(602) 682-8155 Call to check price and availability
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