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Grocery-Anchored Shopping Center
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250 N Lee Blvd, Prescott, AZ 86303

Retail center anchored by Trader Joe’s with additional national and regional service-oriented tenants.

Property SizeContact for details
Days on Market144

Property Features for 250 N Lee Blvd

General Information

Standard status Active
Property subtype Retail
Occupancy 78%

Additional Details

Anchor Co-Tenants Trader Joe's, Five Guys Burgers, Edward Jones, Great Clips, AT&T

Building Details

Tenancy Multi
Listing Agency: Newmark
Listed By: Jesse Goldsmith · License #AZ SA586241000
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:51AM

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 Newmark

Investment Insights

Based on property information with market context.

Shops at Prescott Gateway is a grocery-anchored shopping center at 250 N Lee Blvd in Prescott, Arizona. Trader Joe’s serves as the primary anchor, complemented by Five Guys Burgers, Edward Jones, Great Clips, and AT&T. The center is currently 78% occupied and includes three vacant spaces.

The property serves the Prescott and Prescott Valley MSA in Northern Arizona. Trader Joe’s is identified as the only store in nearly 100 miles, extending the center’s customer reach beyond the immediate area. Recent leasing activity includes Edward Jones, WZ Poke, and Reconnected, while Five Guys is noted for a renewal.

Key Highlights

  • Trader Joe’s anchors the shopping center
  • 78% occupied with three vacant spaces
  • Additional tenants include Five Guys Burgers, Edward Jones, Great Clips, and AT&T

Property Analytics

Current Use

Happy Nails Nail Salon AT&T Store Mobile Phone Store Bank of America ATM Atm ReConnected Device Repair ... Computer & Electronic Repair Great Clips Hair Salon

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Law Firm Electrical Service Grocery & Convenience 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

78%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby
Well-served
Demand for This Use

Demographics for 86303, AZ

18,201
Population
12,255
Households
1.5
Avg Household Size
61
Median Age
41%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
170
Density / Sq Mi
$68,656
Median Household Income
$44,428
Median Earnings
$1,309
Median Rent
$502,400
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
Rey
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Similar Off Market Nearby

  • Pine Ridge Marketplace 3250 Gateway Blvd, Prescott, AZ 86303
  • The Shops at Prescott Gateway 254 N Lee Blvd, Prescott, AZ 86303

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center anchored by Trader Joe’s with additional national and regional service-oriented tenants.
Where is this shopping center located?
The property is located at 250 N Lee Blvd Prescott, AZ.
What are key features of this property?
This property features: Trader Joe’s anchors the shopping center; 78% occupied with three vacant spaces; Additional tenants include Five Guys Burgers, Edward Jones, Great Clips, and AT&T
(480) 241-5146 Call to check price and availability
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