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    2860 Peoria Ave Phoenix, AZ 85029

    For Lease
    Contact for pricing

    Prime Phoenix retail, two spaces available.

    Lot size:
    7,195 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail property, known as Metro Square, is located at 2860 W Peoria Ave, Phoenix, AZ 85029, offering a strategic location at the Northwest corner of Peoria Avenue and I-17. The property boasts a total building size of 7,195 square feet and is situated in Maricopa County. Currently, two retail spaces are available for lease, providing flexible options for prospective tenants. One space measures 3,098 square feet, while the other offers 3,831 square feet. The property's classification is Commercial Retail, with multiple tenancies. This prime location provides excellent visibility and accessibility, making it an ideal opportunity for businesses seeking high foot traffic and convenient access to major transportation routes. The property's address is easily accessible from Interstate 17, a major artery in the Phoenix metropolitan area, ensuring high visibility and convenient access for customers and employees. This presents a unique opportunity to establish or expand a retail presence in a thriving commercial area of Phoenix. The property's size and layout offer versatility, suitable for a variety of retail businesses. Further details regarding lease terms and conditions are available upon request.

    Property Features for 2860 Peoria Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,195 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,831 SF
    Space
    Available Space 2
    Size
    3,098 SF

    HighLights

    • 7,195 SF retail building available for lease, featuring two suites: 3,831 SF and 3,098 SF (formerly urgent care).
    • Pylon signage available on Peoria Ave (68,460 ADT).
    • High traffic location: 68,460 average daily traffic on Peoria Ave.
    • Excellent access to I‑17, with over 215,000 vehicles daily.
    • Strategic location near the Metro Center Transit Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LYNAIA HOOGEWERF Physician Assistant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1217373
    Latitude
    33.5825382

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    FAQs

    What type of property is this?
    Retail property - Prime Phoenix retail, two spaces available.
    Where is this retail property located?
    The property is located at 2860 Peoria Ave Phoenix, AZ.
    What are key features of this property?
    This property features: 7,195 SF retail building available for lease, featuring two suites: 3,831 SF and 3,098 SF (formerly urgent care).; Pylon signage available on Peoria Ave (68,460 ADT).; High traffic location: 68,460 average daily traffic on Peoria Ave.
    Request Owner's contact information
    2860 Peoria Ave Phoenix, AZ 85029
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    Phoenix, AZ 85029
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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
    2860 Peoria Ave Phoenix, AZ 85029
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