Technical
Financial
Distress signals
Property profile

6750 W Peoria Ave Peoria, AZ 85345

FOR LEASE
Strip malls
Property ID
US07-0668590
17,600 SF 10.66 ac lot Built 1987
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

Crossroads Plaza, located at 6750 W Peoria Ave in Peoria, Arizona (zip code 85345), offers exceptional retail space in a prime Maricopa County location. This multi-tenant property boasts a total of 112,838 square feet, with available spaces ranging from 1,200 to 3,528 square feet. Built in 1987, the center has recently undergone significant improvements. These upgrades include a complete overhaul of the parking lot, encompassing new lighting, enhanced security surveillance, and fresh sealcoating. The owner is actively investing in tenant improvements, allocating approximately $800,000 to enhance the spaces for new tenants such as Ta Carbon Iced Out, La Crab Shack, and Odyssey Martial Arts. Existing tenants, including Harbor Freight and Goodwill Thrift Store and Training Center, are also benefiting from these refurbishments. The property's strategic location and recent investments make it an attractive opportunity for businesses seeking high-visibility retail space in a thriving community. The minimum divisible space is 1,200 square feet, providing flexibility for various business needs. This is a fantastic opportunity to establish or expand your retail presence in a well-maintained and upgraded center.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction CONCRETE
Total area 17,600 SF
Lot 10.66 ac (464,386 SF)
Zoning code C-2
APN 143-05-619
UPID US07-0668590

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
  • Mobile Phone Store Electronics & Wireless Store
  • Dental Office
  • Take-out & Catering
  • Discount Store
  • Mobile Phone Store Electronics & Wireless Store

Location

6750 W Peoria Ave Peoria, AZ 85345
Peoria metro Census 71903 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
$14.30M
Blend (final) Blend
$14.52M

Owner & transaction history

since 2025
Last sale
$14.8M
7 recorded transactions
2025
Price N/A
2023
$14.8M
2014
Price N/A
2008
Price N/A
2008
$14.7M
1999
$481,810
1999
$1.5M

Zoning & alternative use

C-2 · Peoria, AZ
Zoning description

Intermediate Commercial District (C-2). The C-2 District is intended to provide a shopping center for the sale of convenience goods and personal services. In order to prevent the establishment of undesirable "strip" comm…

General category COMMERCIAL
Top alternative use upside
Retail stores $12.3M +82.5%
Restaurant $10.0M +49.5%
Commercial (general) $9.6M +42.7%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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