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Property profile & analytics
FOR LEASE
Strip malls

13875 N 83Rd Ave Peoria, AZ 85381

8,525 SF 2.15 ac lot Built 2007
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-2325168
Property summary
AI-generated overview

Thunderbird Commons, a 2008-built retail strip center in Peoria, Arizona, offers a prime opportunity for businesses seeking a well-located space. This 18,478 square foot property, zoned PAD, is situated at 13875 North 83rd Avenue, 85381, in Maricopa County. Currently, there is one vacant suite totaling 1,424 square feet, previously occupied by a hair salon. This presents a unique chance to establish or relocate a business in a thriving area. The property's multiple tenancy structure provides a diverse and vibrant atmosphere, attracting a steady stream of customers. The building's modern design and convenient location within Peoria offer excellent visibility and accessibility. The available space is ready for immediate occupancy, providing a seamless transition for new tenants. This is an exceptional opportunity to secure a retail space in a well-established center with ample parking and high foot traffic. The property's location in Maricopa County, Arizona, offers access to a large consumer base and strong economic growth. Serious inquiries are encouraged to explore this promising retail investment.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction STEEL FRAME
Total area 8,525 SF
Lot 2.15 ac (93,809 SF)
Zoning code PAD
APN 200-63-590
UPID US07-2325168
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jimmy John's Take-out & Catering
  • Hair We Go Electrolysis LLC Hair Salon
  • One Stop Nutrition (Bike/Boat/Book/etc) Store Pharmacy
  • Atl Wings Restaurant
  • AT&T Store Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.97M
Blend (final) Blend
$5.70M
Owner & transaction history
Crossroad South LLC · 4 yrs held
Crossroad South LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
PAD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $5.9M +82.5%
Restaurant $4.9M +49.5%
Commercial (general) $4.6M +42.7%
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More about this property
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