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    21001 Tatum Blvd Phoenix, AZ 85054

    For Lease
    Contact for pricing

    High-traffic retail space, multiple units available.

    Lot size:
    1,200,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Desert Ridge Marketplace offers exceptional retail opportunities in a prime Maricopa County location. This vibrant strip center boasts 1,200,000 square feet of total building space and is renowned as Arizona's most visited shopping center, attracting over 26 million customers in 2015. Currently, there are three spaces available, ranging from 1,199 to 6,851 contiguous square feet, with a total of 20,227 square feet currently vacant. The center features a strong tenant mix including major retailers such as Target, Kohl's, AMC Theatres, Dave & Buster's, H&M, Victoria's Secret Pink, Barnes & Noble, Ross, Old Navy, Joann Fabrics, DSW Shoes, Copper Blues/Stand Up Live, and Flower Child. Built in 2001, this dominant regional shopping and entertainment center enjoys a highly visible location on the 101 Freeway, ensuring maximum exposure and accessibility for businesses. The minimum divisible space is 1,199 square feet, providing flexibility for various retail concepts. This is a unique chance to establish a presence in one of Arizona's premier retail destinations. The property offers boxes, shops, and pad space options.

    Property Features for 21001 Tatum Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200,000 SF

    Building Details

    Year Built
    2001

    Unit(s) available at that property

    Space
    R2 Restaurant Pad Building
    Size
    6,851 SF
    Space
    Studio Space Available
    Size
    3,570 SF
    Space
    MM3 Inline Shop Space
    Size
    1,400 SF

    HighLights

    • 1,200,000 square foot retail strip center in Maricopa County.
    • Multiple tenancies available, ranging from 1,199 to 6,851 contiguous square feet.
    • 20,227 square feet of vacant space currently available.
    • Built in 2001.
    • Key tenants include Target, Kohl's, AMC Theatres, Dave & Buster's, H&M, Victoria's Secret Pink, Barnes & Noble, Ross, Old Navy, Joann Fabrics, DSW Shoes, Copper Blues/Stand Up Live, and Flower Child.
    • Desert Ridge Marketplace is the highest‑traffic shopping center in Arizona, located on the 101 Freeway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Omaha Steaks Butcher Shop Xi Clothing Clothing Store Marshalls & HomeGoods Department Store Scrubs & Beyond Uniform Store CVS Photo Passport Photo Processor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.97447
    Latitude
    33.6742826

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, multiple units available.
    Where is this retail property located?
    The property is located at 21001 Tatum Blvd Phoenix, AZ.
    What are key features of this property?
    This property features: 1,200,000 square foot retail strip center in Maricopa County.; Multiple tenancies available, ranging from 1,199 to 6,851 contiguous square feet.; 20,227 square feet of vacant space currently available.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21001 Tatum Blvd Phoenix, AZ 85054
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