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Aldi-Anchored Neighborhood Shopping Center
For Sale
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Pending

2820 S Alma School Rd, Chandler, AZ 85286

Corner retail center with 96.5% leased occupancy and a diversified tenant lineup.

Property Size117,344 SF
Lot Size12.99 Acres
Days on Market143

Property Features for 2820 S Alma School Rd

General Information

Standard status Pending
Size 117,344 SF
Lot size 12.99 Acres
Property subtype Retail
Occupancy 97%

Site & Location

Corner Location Yes
Anchor Co-Tenants Aldi

Building Details

Tenancy Multi
Listing Agency: CBRE - Phoenix
Listed By: Michael Hackett · License #AZ
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:28PM

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.

Ocotillo Plaza is a 117,344-square-foot neighborhood shopping center on approximately 12.99 acres, anchored by Aldi and occupied by a broad mix of retail, service, food, and automotive tenants. The center is 96.5% leased and includes Dollar Tree, Postnet, Leslie’s Poolmart, Budget Rent a Car, Pizza Hut, Jimmy John’s, and Code Ninjas among its occupants.

The property occupies the northwest corner of Alma School Road and Queen Creek Road in Chandler, Arizona. Its setting places the center between the Price Road employment corridor and Chandler Airpark, areas associated with major corporate and employment activity. Chandler also has 927,328 square feet of industrial development and 379,000 square feet of office construction underway.

Key Highlights

  • 117,344‑square‑foot shopping center situated on approximately 12.99 acres
  • Aldi grocery anchor with a 96.5% leased tenant roster
  • Northwest corner of Alma School Road and Queen Creek Road in Chandler

Property Analytics

Current Use

Data Retrieval IT Consulting Firm Marturia Marketing Marketing & Advertising Arizona Livescan Fingerprinting Fingerprinting Service Tom's BBQ - Chandler Restaurant Vitality Testosterone Replacement ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Auto Parts Store Grocery & Convenience Store Auto Repair Shop

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

96.5%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

562
Businesses Nearby
29k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 89% Electronics 7% Shops & Services 4%
Starbucks Dining
14,369 visits/mo 0.2 miles
IHOP Dining
11,682 visits/mo 0.2 miles
CPR Cell Phone Repair Electronics
1,982 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
1,184 visits/mo 0.1 miles

Demographics for 85286, AZ

49,407
Population
18,387
Households
2.7
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
15.9 sq mi
ZIP Area
3,107
Density / Sq Mi
$118,759
Median Household Income
$62,524
Median Earnings
$2,031
Median Rent
$548,900
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

  • Goodyear Plaza 2160 N Alma School Rd, Chandler, AZ 85224
  • Sun Village Fair 2095 N Alma School Rd, Chandler, AZ 85224
  • Assistant Lague 2305-2499 N Comanche Dr, Chandler, AZ 85224
  • Pollack Alma School Shoppes 2346 N Comanche Dr, Chandler, AZ 85224
  • Mervyn's Plaza 2994 N Alma School Rd, Chandler, AZ 85224

Frequently Asked Questions

What type of property is this?
Shopping center - Corner retail center with 96.5% leased occupancy and a diversified tenant lineup.
Where is this shopping center located?
The property is located at 2820 S Alma School Rd Chandler, AZ.
What are key features of this property?
This property features: 117,344‑square‑foot shopping center situated on approximately 12.99 acres; Aldi grocery anchor with a 96.5% leased tenant roster; Northwest corner of Alma School Road and Queen Creek Road in Chandler
More about this property
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