Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3516-3542 Calavar Rd Phoenix, AZ 85053

    For Sale
    $3,000,000

    100% Occupied, High-Cash Flow Retail

    Property size:
    19,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This Phoenix, Arizona shopping center presents a compelling investment opportunity. The 19,600 square foot property, located at 3516-3542 W Calavar Rd, 85053, sits on a 1.86-acre lot (APN 207-11-135R) and is zoned C-1. Currently boasting 100% occupancy with five tenants, this multi-tenant retail center offers a strong cash flow with significant value-add potential through lease adjustments and rental increases. The property features ample parking (3.77 spaces per 1,000 sq ft) and is conveniently located north of the northwest corner of Thunderbird Ave and 35th Ave, adjacent to an O'Reilly Auto Parts store. The area enjoys a strong tenant mix, including nearby Fry's, Ross, Big Lots, Leslie Pools, and Dollar Tree, indicating a robust retail environment. The center itself houses a diverse range of businesses, from service-oriented establishments to a salon and a seafood restaurant. The asking price is $3,000,000, translating to $153.06 per square foot. This gross lease property offers an excellent opportunity for investors seeking a stable, high-performing retail asset with upside potential in a desirable location. The accessible office space with glassline adds further appeal to potential buyers.

    Property Features for 3516-3542 Calavar Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    19,600 SF
    Lot Size
    81,022 SF

    HighLights

    • 100% occupied retail shopping center.
    • Strong cash flow with value‑add potential.
    • Suitable for retail and service businesses; includes accessible office space.
    • Convenient location at Thunderbird Ave and 35th Ave.
    • Adjacent to O'Reilly Auto Parts.
    • Area includes Fry's, Ross, Big Lots, Leslie Pools, and Dollar Tree.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1348012
    Latitude
    33.612404

    Nearby Similar for Sale

    • $11,600,000

      Arcadia Area Condos For Sale

      Eight high-end condos in Phoenix's Arcadia area, each with private elevator.
      4525 N 40Th St, Phoenix, AZ 85018
      View Details
    • New
      $534,900

      Renovated Triplex in Roosevelt Arts

      Upgraded triplex near downtown Phoenix with high-end finishes.
      325 N 17Th Dr, Phoenix, AZ 85007
      View Details
    • $615,000
      Pending

      New Construction Duplex in Phoenix

      Modern duplex in downtown Phoenix with no HOA fees.
      1120 S 4Th Ave, Phoenix, AZ 85003
      View Details
    • $499,999

      Phoenix Multi-Unit Investment Opportunity

      Two adjacent properties with three units in central Phoenix.
      1813 W Sherman St, Phoenix, AZ 85007
      View Details
    • New
      $424,900

      Phoenix Multifamily Investment Opportunity

      Four-unit property with income and renovation upside near GCU.
      2522 W Palo Verde Dr, Phoenix, AZ 85017
      View Details
    • $959,000

      Updated Tri-Plex in Uptown Phoenix

      Updated tri-plex in Uptown Phoenix, great investment opportunity.
      6239 N 14Th St, Phoenix, AZ 85014
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - 100% Occupied, High-Cash Flow Retail
    Where is this lifestyle center located?
    The property is located at 3516-3542 Calavar Rd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 100% occupied retail shopping center.; Strong cash flow with value-add potential.; Suitable for retail and service businesses; includes accessible office space.
    Request Owner's contact information
    3516-3542 Calavar Rd Phoenix, AZ 85053
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3516-3542 Calavar Rd
    Phoenix, AZ 85053
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3516-3542 Calavar Rd Phoenix, AZ 85053
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.