75th Ave & Mcdowell Rd Phoenix, AZ 85035
Desert Sky Esplanade offers an exceptional retail opportunity with one available space totaling 34,977 square feet. This anchor space is strategically located within a thriving retail center, boasting a high-traffic count and strong demographics. The property benefits from its proximity to major roadways, specifically a quarter-mile north of the I-10 Freeway, which sees an impressive 196,845 vehicles daily, ensuring significant visibility and accessibility. The center is anchored by a Walmart Supercenter and Lowe's, providing a strong draw for customers and establishing a robust retail environment. The surrounding area demonstrates a significant Hispanic demographic, with 79.6% of the population within a three-mile radius, presenting a substantial target market. Furthermore, Desert Sky Esplanade enjoys a convenient location directly south of the Desert Sky Mall, benefiting from the synergistic effect of this established shopping destination. The property is also surrounded by dense, well-established residential neighborhoods to the northeast and northwest, providing a readily available customer base. This exceptional retail space presents a unique opportunity for businesses seeking high visibility, strong demographics, and a prime location within a successful retail center. The available space is ideal for a variety of retail uses, capitalizing on the existing high traffic and strong community presence.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.