4647 Chandler Blvd, Phoenix, AZ 85048-0434
Vabene Plaza, a single-story retail center in Phoenix's desirable submarket, presents a compelling investment opportunity. Built in 2003, this 20,400 square foot property sits on a 2.49-acre lot (108,209 square feet) at the southwest corner of Chandler Boulevard and 48th Street, boasting excellent street access and visibility. The center enjoys high traffic counts, exceeding 100,000 vehicles daily, and benefits from a shadow anchor, Kohl's department store. Currently, there are three available retail spaces ranging from 1,220 to 2,650 square feet, totaling 5,090 square feet of vacant space. The property features a total of nine suites, offering flexibility for various retail concepts. The location is further enhanced by a dense daytime employment population, ensuring a strong customer base. This well-maintained property offers a unique chance to establish or expand a retail presence in a thriving Phoenix location. The minimum divisible space is 1,220 square feet.
-
BLK LBL Fitness Club Gym & Fitness Center
-
AZ Boot Bootique Clothing & Fashion Store
-
Samaritan Funeral and Cremation Services Social Service Agency
-
Connected Health Phoenix Alternative Medicine Practice
-
Va Bene Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
C-2 · Phoenix, AZPhoenix. Always verify with local authorities before improvements.
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.