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Divisible Retail Suite with Creative Space
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2441 E Indian School Rd, Phoenix, AZ 85016

Two retail suites with creative space are available in a multi-tenant shopping center with Indian School Road frontage.

Space Size1,887 SF
Days on Market700

Property Features for 2441 E Indian School Rd

General Information

Standard status Active
Size 1,887 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Camelback East

Spaces For Lease

at 2441 E Indian School Rd
2441 E Indian School Rd $26/SF/Yr
Floor 1
Size 1,887 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Shopping Center Size: This ±5,573 SF multi-tenant retail property is a tenant in tow / owner-user opportunity with ±3,173 SF of creative space available (divisible into 1,887 SF & 1,286 SF respectively). - The asking rent is $24/NNN per square foot annually for suite 101 (1,887SF) and $26/NNN for suite 102 (1,286SF). - Current estimated NNN costs for this property range between $5.80 and $6.50 a square foot. - Retail Corridor: Subject property is approximately 2 minutes from “Arcadia Plaza” a Sprouts Grocery anchored shopping center with other nearby tenants including Dutch Bros Coffee, Starbucks, McDonalds, Jack in the Box, Ross Dress for Less, and Crumbl Cookies. - Strong Traffic Counts: Indian School Plaza located in one of the most dominant retail corridors of Phoenix, just off the Southeast Corner of 24th St. & Indian School Road with frontage along Indian School Road allowing for excellent visibility to over ±71,000 VPD on one of the main East-West thoroughfares in the Phoenix MSA. - Close Proximity to Major Freeway: This property is approximately 2 minutes East of interstate 51 subject to over 167,300 VPD, with excellent frontage on Indian School Road in the Arcadia-Lite submarket. - This deal benefits from capturing both morning and evening rush-hour traffic with a workforce of over 525,000 employees in a 5-mile radius. - Demographics: Shops here boasts very strong demographics with a population of ±341,908 residents earning an average household income of $92,393 within a 5-mile radius of the property. - Location Highlight: Indian School is ±4 minutes south from the Camelback Esplanade Office Complex with a strong daytime worker population and is currently undergoing $45,000,000 of extensive new renovations. - The Esplanade is located directly off Camelback Rd in the Biltmore neighborhood with an onsite food and beverage that includes fine dining restaurants, late-night bars, office-hour socials, and convenient marketplace solutions, and supports more than 5,000 employees.
Contact us
Listing Agency: Matthews Real Estate Investment Services | Phoenix
Listed By: Trevor Von Behren · License #SA707502000(AZ)
Source: Moodyscre
Added: Nov 28, 2024 Changed: Oct 25 Last Checked: Oct 28 at 11:16AM

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 Real Estate Investment Services | Phoenix

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Investment Insights

Based on property information with market context.

±15,573 SF multi-tenant retail property presents a tenant-in-tow or owner-user opportunity, with ±3,173 SF of creative space available and divisible into 1,887 SF and 1,286 SF suites. Suite 101 (1,887 SF) is offered at $24/NNN annually, and Suite 102 (1,286 SF) at $26/NNN annually. Current estimated NNN costs range from $5.80 to $6.50 per square foot.

The center sits along Indian School Road with frontage providing visibility to approximately 171,000 VPD on a major East-West thoroughfare in the Phoenix MSA. It is about 2 minutes east of interstate 51 (approximately 167,300 VPD) and roughly 2 minutes from Arcadia Plaza, a Sprouts Grocery-anchored shopping center with nearby tenants including Dutch Bros Coffee, Starbucks, McDonalds, Jack in the Box, Ross Dress for Less, and Crumbl Cookies.

This setting captures both morning and evening rush-hour traffic, supported by a workforce of over 525,000 employees within a 5-mile radius, and the surrounding trade area includes population of approximately 341,908 residents with an average household income of $92,393 within 5 miles.

Key Highlights

  • ±5,573 SF multi‑tenant retail property with ±3,173 SF of creative space available (divisible into 1,887 SF and 1,286 SF).
  • Suite 101 available at $24/NNN annually for 1,887 SF; Suite 102 available at $26/NNN annually for 1,286 SF.
  • NNN costs estimated at $5.80–$6.50 per SF for the property.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

McHarmon Consulting, LLC Marketing & Advertising French Method Salon Hair Salon Harold Studio LLC Vocational School

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Carpet & Flooring Store Wine and Liquor 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,166
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85016, AZ

37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
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

Similar Off Market Nearby

  • Shops at 24th Street — 3302 N 24th St, Phoenix, AZ 85016
  • Mountain View Plaza — 2328 E Indian School Rd, Phoenix, AZ 85016
  • Arcadia Plaza — 2808-2836 E Indian School Rd, Phoenix, AZ 85016

Frequently Asked Questions

What type of property is this?
Shopping center - Two retail suites with creative space are available in a multi-tenant shopping center with Indian School Road frontage.
Where is this shopping center located?
The property is located at 2441 E Indian School Rd Phoenix, AZ.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: ±5,573 SF multi‑tenant retail property with ±3,173 SF of creative space available (divisible into 1,887 SF and 1,286 SF).; Suite 101 available at $24/NNN annually for 1,887 SF; Suite 102 available at $26/NNN annually for 1,286 SF.; NNN costs estimated at $5.80–$6.50 per SF for the property.
(920) 723-5845 Call to check price and availability
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