Property profile

3950 Indian School Rd Phoenix, AZ 85018

OFF-MARKET
Strip malls
Property ID
US07-2470371
13,835 SF 1.38 ac lot Built 2016
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Arcadia Place, a 13,855 square foot Class B retail center in Phoenix, Arizona, presents a prime opportunity. Located at 3950 E Indian School Rd, zip code 85018, this multi-tenant property boasts a 1.38-acre lot and ample parking with 98 stalls. Built in 2017, the center is zoned C-2, Phoenix, allowing for a variety of commercial uses. Currently, 2,000 square feet of retail space is available, ideal for a restaurant or similar establishment. This space is an end cap unit, offering excellent visibility and accessibility. The property's existing infrastructure and convenient location on East Indian School Road provide immediate access to a high volume of traffic and a dense residential population. The existing tenants contribute to a thriving commercial environment, creating a synergistic atmosphere for new businesses. This is a second-generation restaurant space, offering a ready-to-occupy layout with potential for immediate operations. Serious inquiries are encouraged to explore this exceptional retail investment opportunity in a dynamic Phoenix location.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2016
Total area 13,835 SF
Lot 1.38 ac (59,987 SF)
APN 170-32-100B
UPID US07-2470371

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Take-out & Catering Butcher
  • Cafe & Coffee Shop
  • Spa & Massage Center Skin Care Clinic
  • Restaurant

Location

3950 Indian School Rd Phoenix, AZ 85018-5245
Phoenix metro Census 108302 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.37M
Blend (final) Blend
$8.56M

Owner & transaction history

since 2022
Last sale
$9.4M
2 recorded transactions
2026
Price N/A
2022
$9.4M

Zoning & alternative use

Top alternative use upside
Commercial (general) $9.6M +173.6%
Restaurant $7.4M +109.8%
Auto repair, garage $5.8M +66.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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