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Grocery-Anchored Shopping Center
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23670 S Power Rd, Queen Creek, AZ 85142

Bashas’ anchors a multi-tenant retail center with additional daily-needs retailers and access from two major roads.

Property Size90,119 SF
Lot Size10.98 Acres
Days on Market144

Property Features for 23670 S Power Rd

General Information

Standard status Active
Size 90,119 SF
Lot size 10.98 Acres
Property subtype Retail
Occupancy 94%

Site & Location

Corner Location Yes
Anchor Co-Tenants Bashas'
Road Access Yes

Building Details

Year Built 2004
Tenancy Multi
Listing Agency: CBRE - Phoenix
Listed By: Michael Hackett · License #AZ
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 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 CBRE - Phoenix

Investment Insights

Based on property information with market context.

Queen Creek Marketplace is a 90,119-square-foot shopping center on 10.98 acres, completed in 2004. Bashas’ serves as the grocery anchor, with Verizon Wireless, Papa Murphy’s Pizza, Subway, and other local and regional retailers occupying additional space. The center is 94.1% leased and combines multiple retail suites within a single commercial property.

The property occupies the southwest corner of Power Road and Chandler Heights Road in Queen Creek, Arizona, providing visibility and entry opportunities from both thoroughfares. It is adjacent to the Seville and Power Ranch master-planned residential and golf course communities. Seville includes 2,855 existing homes, while Power Ranch has 7,400 existing homes, placing the center alongside established residential communities.

Key Highlights

  • 90,119 square feet of retail space on 10.98 acres
  • 94.1% leased shopping center
  • Bashas’ grocery anchor

Property Analytics

Current Use

WoodBarn BBQ Restaurant Pride Community Management ... Real Estate Agency Augment Wellness Alternative Medicine Practice Sushi Neko Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Hair Salon Restaurant Auto Parts Store

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

94.1%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby
62k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 42% Shops & Services 30% Home Improvements & Furnishings 17% Dining 11%
Bashas' Groceries
26,195 visits/mo 0.1 miles
Circle K Shops & Services
15,318 visits/mo 0.1 miles
Ruggiero's Ace Hardware & Feed Home Improvements & Furnishings
10,549 visits/mo 0.2 miles
Burger King Dining
6,992 visits/mo 0.0 miles
O'Reilly Auto Parts Shops & Services
3,326 visits/mo 0.2 miles

Demographics for 85142, AZ

80,734
Population
27,701
Households
2.9
Avg Household Size
34
Median Age
38%
College-Educated
96%
High-School Grad
101.3 sq mi
ZIP Area
797
Density / Sq Mi
$125,236
Median Household Income
$55,193
Median Earnings
$2,092
Median Rent
$521,300
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Bashas’ anchors a multi-tenant retail center with additional daily-needs retailers and access from two major roads.
Where is this shopping center located?
The property is located at 23670 S Power Rd Queen Creek, AZ.
What are key features of this property?
This property features: 90,119 square feet of retail space on 10.98 acres; 94.1% leased shopping center; Bashas’ grocery anchor
More about this property
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