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 statusActive
Size1,887 SF
Property subtypeRETAIL
Lease TypeNNN
Site & Location
NeighborhoodCamelback East
Spaces For Lease
at 2441 E Indian School Rd
2441 E Indian School Rd$26/SF/Yr
Floor1
Size1,887 SF
TypeRETAIL
Lease TypeNNN
AvailabilityAVAILABLE, Now
SubleaseNo
- 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(866) 889-0550
Listed By:Trevor Von Behren · License #SA707502000(AZ)(920) 723-5845
Source:Moodyscre
Added: Nov 28, 2024Changed: Oct 25Last 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, LLCMarketing & AdvertisingFrench Method SalonHair SalonHarold Studio LLCVocational School
Suggested Use
Top PickFood Market(Bike/Boat/Book/etc) StoreGrocery & Convenience StoreButcherCarpet & Flooring StoreWine 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
Explore this area
Business Placement
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 propertyCap Rate, Value Estimation, Potential NOI and more
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.
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