Retail Property with Truck
3528 W Cactus Rd Phoenix, AZ 85029
3528 W Cactus Rd, Phoenix, AZ, 85029
Contact for pricing
For Sale
Contact for pricing
Retail property for sale on a large parcel, featuring a truck well in the back and potential to demise space.
Property Size17,000 SF
Lot Size2.94 Acres
Price / SF$217.65
Days on Market18
Property Features for 3528 W Cactus Rd
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Lot size
- 2.94 Acres
- Property subtype
- RETAIL
Listing agency
LevRose Commercial Real Estate
(818) 390-0838
Listed by
Mark Cassell · License #SA659518000
(818) 390-0838
Source
Moodyscre
Added: Jul 6 Updated: Jul 21 at 9:06PM Checked: Jul 21 at 9:06PM
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 LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
This retail property for sale offers flexibility with the potential to demise space. The site includes a large parcel of approximately 12.94 acres and a truck well located in the back to support deliveries and back-of-house operations. The property size is approximately 17,000 square feet.
The property is positioned along Cactus Rd and N 35th Ave with reported traffic counts of approximately 31,089 VPD and 31,763 VPD, respectively. Public remarks also reference a dense trade area with nearly 500,000 people within a 5-mile radius.
Offered as a single retail asset, the configuration supports multiple approaches to tenant layout given the ability to break out or demise space.
The property is positioned along Cactus Rd and N 35th Ave with reported traffic counts of approximately 31,089 VPD and 31,763 VPD, respectively. Public remarks also reference a dense trade area with nearly 500,000 people within a 5-mile radius.
Offered as a single retail asset, the configuration supports multiple approaches to tenant layout given the ability to break out or demise space.
Key Highlights
- Large 2.94‑acre retail parcel with a truck well in the back
- Potential to demise space for flexible retail layout options
- Nearly 500,000 people within a 5‑mile radius
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $306.0k | $18.00 |
| − Vacancy | −$31.5k | −$1.85 |
| EGI | $274.5k | $16.15 |
| − OpEx | −$82.3k | −$4.84 |
| NOI | $192.1k | $11.30 |
17,000 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.74M
$2.40M – $3.20M
NOI $192,137 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.15M
$4.51M – $6.01M
NOI $360,461 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
J-N-J Auto Service
Auto Repair Shop
Black Friday deals ...
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail property for sale on a large parcel, featuring a truck well in the back and potential to demise space.
Where is this retail space located?
The property is located at 3528 W Cactus Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Large 2.94‑acre retail parcel with a truck well in the back; Potential to demise space for flexible retail layout options; Nearly 500,000 people within a 5‑mile radius
