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Restaurant Opportunity in Laguna Village
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5965 W Ray Rd, Chandler, AZ 85226

Restaurant and retail spaces available in high-traffic Chandler location.

Space Size2,161 SF - 2,240 SF
Property Size101,197 SF
Days on Market211

Property Features for 5965 W Ray Rd

General Information

Standard status Active
Size 2,161 SF - 2,240 SF
Property subtype Retail

Building Details

Building Size 101,197 SF

Spaces For Lease

at 5965 W Ray Rd Contact us

106B - AVAILABLE

Size
2,161 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

108A - AVAILABLE

Size
2,240 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Western Retail Advisors
Listed By: Jason Fessinger · License #SA623748000
Source: W-retail
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 26 at 6:15AM

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 Western Retail Advisors

Investment Insights

Based on property information with market context.

Located within Laguna Village, this property presents restaurant and retail space opportunities. A 4,585-square-foot restaurant space is coming available. Additionally, there is currently a 2,240-square-foot space available, and another 2,161-square-foot space coming available. The property benefits from high traffic counts at the intersection and a dense residential population. The average household income within a 1-mile radius exceeds $169,000. Its location provides access to three freeway systems. The intersection sees nearly 60,000 vehicles per day.

Key Highlights

  • High traffic counts at intersection (Nearly 60k VPD)
  • Located between (3) Freeway systems
  • Average HH Income over $169,000 in 1 mi**

Property Analytics

Current Use

Mido Sushi Restaurant Invision Eyecare Eye Care Center William A. Crum, OD Physician Lebanese Palace Restaurant Dr. Joseph Santoro Dental Office

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Garden Center Barber 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 65% Dining 35%
Natural Grocers Groceries
5,625 visits/mo 0.1 miles
Streets of New York Dining
2,993 visits/mo 0.1 miles

Demographics for 85226, AZ

40,689
Population
17,406
Households
2.3
Avg Household Size
38
Median Age
50%
College-Educated
96%
High-School Grad
38.4 sq mi
ZIP Area
1,060
Density / Sq Mi
$103,740
Median Household Income
$58,515
Median Earnings
$1,785
Median Rent
$452,400
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant and retail spaces available in high-traffic Chandler location.
Where is this restaurant located?
The property is located at 5965 W Ray Rd Chandler, AZ.
What are key features of this property?
This property features: High traffic counts at intersection (Nearly 60k VPD); Located between (3) Freeway systems; Average HH Income over $169,000 in 1 mi**
More about this property
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