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Phoenix Retail Strip Center For Sale
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4730-4750 S 48th St, Phoenix, AZ 85040

Well-located retail strip center in Phoenix's Cotton Center.

Property Size16,489 SF
Lot Size2.35 Acres
Price / SF$597.37
Days on Market203

Property Features for 4730-4750 S 48th St

General Information

Standard status Active
Size 16,489 SF
Lot size 2.35 Acres
Property subtype Retail
Zoning C-2

Building Details

Year Built 2008
Listing Agency: CBRE - Phoenix
Listed By: Zach Aulick · License #Arizona - SA566983000
Source: Crexi
Added: Jan 29 Changed: Aug 8 Last Checked: Jul 23 at 7:07AM

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.

The Shoppes at Cotton Center is a retail strip center located just south of the intersection of 48th Street and Broadway Road in Phoenix, Arizona. The property is situated within the Cotton Center, an established employment corridor. The center occupies a 2.35-acre lot and offers proximity to Phoenix Sky Harbor International Airport, Interstate 10, and State Route 143. The surrounding area hosts a corporate employment base, including Amazon, Bank of America, DB Schenker, CVS Health, and the Arizona Department of Economic Security. The center features a mix of national and regional tenants, offering retail, services, and dining options. Several tenants have completed cosmetic upgrades to their spaces, including Jimmy John’s interior refresh and new exterior signage, as well as Pita Bistro’s new patio garage door. Cotton Center supports thousands of jobs across more than 130 businesses. The area is adjacent to Phoenix Sky Harbor International Airport, which sees more than 143,000 travelers daily. The district attracts investment from logistics, technology, finance, and healthcare users. The building area totals approximately 16,489 square feet.

Key Highlights

  • Strategic location within the rapidly evolving Cotton Center employment corridor.
  • Excellent connectivity with immediate proximity to Phoenix Sky Harbor International Airport, Interstate 10, and State Route 143.
  • Strong mix of national and regional tenants providing daily‑needs retail, services, and dining options.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Hair Salon Nail Salon Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

795
Businesses Nearby
62k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 82% Shops & Services 18%
Whataburger Dining
16,228 visits/mo 0.1 miles
Panda Express Dining
15,947 visits/mo 0.0 miles
Chevron Shops & Services
10,891 visits/mo 0.1 miles
Taco Bell Dining
10,849 visits/mo 0.1 miles
Jimmy John's Dining
3,858 visits/mo 0.1 miles

Demographics for 85040, AZ

33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value

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
Rey
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Similar Off Market Nearby

  • Senses Body Care 3025 S 48th St, Tempe, AZ 85282
  • MainSpring Cotton Center Phoenix, AZ 85040
  • Broadway Center 1537 W Broadway Rd #101, Tempe, AZ 85282

Frequently Asked Questions

What type of property is this?
Shopping center - Well-located retail strip center in Phoenix's Cotton Center.
Where is this shopping center located?
The property is located at 4730-4750 S 48th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $9,850,000.
What are key features of this property?
This property features: Strategic location within the rapidly evolving Cotton Center employment corridor.; Excellent connectivity with immediate proximity to Phoenix Sky Harbor International Airport, Interstate 10, and State Route 143.; Strong mix of national and regional tenants providing daily‑needs retail, services, and dining options.
More about this property
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