Listing Agency: Kimco Realty - Tustin Show Phone

Listed By: Zach Blatteis Show Phone

Source: Moodyscre

Added: Aug 4, 2025 Changed: Jul 10 Last Checked: Jul 21 at 5:49AM

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Investment Insights

Based on property information with market context.

Located in Peak Plaza, this retail space benefits from a growing population base and daytime traffic from nearby office buildings. The property offers access from State Route 51. The property size is 2331 square feet.

Key Highlights

• Excellent access from heavily‑traveled State Route 51
• Growing population base in the trade area
• Bolstered daytime population with employees

Property Analytics

Property Profile

Current Use

Moto Restaurant

Suggested Use

Top Pick Electrical Service Building Supply (Bike/Boat/Book/etc) Store Parking Lot & Garage HVAC Service Auto Parts 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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

166

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

Lease Benchmarks for Phoenix, AZ

$15.05 /SF/Yr

Avg Asking Price

$1.19–$32 /SF/Yr

Price Range

8,944 SF

Avg Space Size

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

Questions? Ask Rey

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Shopping center - Retail space available in a high-traffic Phoenix shopping center.

Where is this shopping center located?

The property is located at 6845 N 16th St Phoenix, AZ.

What are key features of this property?

This property features: Excellent access from heavily‑traveled State Route 51; Growing population base in the trade area; Bolstered daytime population with employees