Phoenix, AZ Retail Space for Sale

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Updated: May 26

Functional Commercial Building on McDowell

323 East McDowell Road, Phoenix, AZ 85004

$745,000

2,389 sqft

Street‑level commercial opportunity.
Adaptable layout for a range of business types.
Ease of access for clients and staff.
Functional structure prioritizing usability.
Ability to immediately plug into an established urban setting.

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Here's a quick look at some key insights for

323 East McDowell Road, Phoenix, AZ 85004

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Est. Cap Rate

5.5%
NOI ÷ price
Est. NOI

$41K
Annual
Mortgage

$528K
Dec 2004
Property Type

Office Building
Built 1965

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Updated: Mar 4

Value-Add Opportunity in Downtown Phoenix

215 N 12TH Avenue, Phoenix, AZ 85007

$625,000

Prime location in downtown Phoenix (85007 corridor) near Roosevelt Row, dining, arts, and major employers.
Value‑add opportunity with immediate income from existing tenants in the front building.
Rear structure is approximately 50% complete, offering a strong foundation for customization.
Flexible spaces and original character provide significant upside potential.
Ideal for investors/builders seeking a project with built‑in cash flow.

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Infill Retail Property with Parking

2310 N 16th St, Phoenix, AZ 85006

$2,500,000

12,027 sqft 0.62 AC lot

Two retail spaces totaling 12,027 SF sit on a 0.619-acre site with 30 surface parking spaces.

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Freestanding Retail Building

9103 N Central Ave, Phoenix, AZ 85020

$595,000

3,750 sqft 0.24 AC lot

Freestanding masonry and tilt-up retail building on a C-2 zoned lot with direct frontage and shell-condition interior.

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Free-Standing Retail Building with Two Suites

15034 North Cave Creek Road, Phoenix, AZ 85032

$595,000

2,400 sqft

Two storefront suites in a C-2 zoned retail building with ample customer parking and prominent roadside visibility.

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Retail Property with Truck Well

3528 W Cactus Rd, Phoenix, AZ 85029

$3,700,000

17,000 sqft 2.94 AC lot

Retail property for sale on a large parcel, featuring a truck well in the back and potential to demise space.

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Retail Storefront Property

650 West Coolidge Street, Phoenix, AZ 85013

$650,000

1,126 sqft

For-sale retail storefront property in Central Phoenix, suited for investors or operators looking to support redevelopment in the area.

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Midtown Phoenix Retail Condo

2323 N Central Ave # 101, Phoenix, AZ 85004

$600,000

1,800 sqft

Street-level retail condo in landmark residential tower, Midtown Phoenix.

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Office-Retail Building with Parking

9108 North Cave Creek Road, Phoenix, AZ 85021

$349,900

1,010 sqft

Small office/retail building with road frontage, onsite parking, and a maintained HVAC system on a fully fenced lot.

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Phoenix Retail Space For Sale

10046 N 26th Dr, Phoenix, AZ 85021

$4,995,000

12,863 sqft

Retail space available in Phoenix, Arizona.

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Retail Space Available For Sale

3225 E Baseline Rd, Phoenix, AZ 85042

$2,718,447

2,485 sqft

Retail space available for sale in Phoenix, Arizona.

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Single-Tenant Retail Asset

9521 N 7th Street, Phoenix, AZ 85020

$485,000

1,664 sqft

Single-tenant retail property on a high-traffic corridor with strong access to major routes.

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Retail Suite with Reserved Parking

331 W McDowell Rd, Phoenix, AZ 85003

$1,400,000

5,800 sqft

Retail suite includes 9 reserved parking spaces in front and additional parking to the rear.

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Shadow-Anchored Retail Plaza

16802 North Cave Creek Road, Phoenix, AZ 85032

$4,148,000

21,219 sqft 1.37 AC lot

Cave Creek Plaza is a multi-building retail center with established tenants in a heavily trafficked Phoenix corridor.

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Auto Dealership with Showroom

3810 W VAN BUREN Street, Phoenix, AZ 85009

$1,700,000

6,651 sqft

C3-zoned 6,500 SF commercial building with a showroom, four bay doors, and 36 parking spaces.

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Retail Space in Coronado District

2321 N 7th St, Phoenix, AZ

$3,500,000

2,141 sqft 0.32 AC lot

Retail space available in high-traffic Coronado district.

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Freestanding Drive-Thru Beer & Wine

2807 N 35TH AVE, Phoenix, AZ 85009

$1,250,000

1,250 sqft

Freestanding drive-thru beer and wine building sold as real estate only, 100% leased.

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Retail Space on Camelback Road

2150 W Camelback Rd, Phoenix, AZ 85016

$350,000

925 sqft

Retail space available for sale on Camelback Road.

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Corner Retail Development Site

3402 North Central Avenue, Phoenix, AZ 85012

$9,765,000

33,500 sqft 2.83 AC lot

Covered land at a highly visible intersection, anchored by two established retail buildings.

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Commercial Retail Building with Suites

1407-09-11 W INDIAN SCHOOL Road, Phoenix, AZ 85013

$895,000

3,250 sqft

Three connected retail suites with separate electric meters and newer A/C units, plus rear paved parking.

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Phoenix Retail Space For Sale

5817 W Indian School Rd, Phoenix, AZ 85031

$627,000

2,009 sqft

Retail space with a 5-year lease extension in Phoenix.

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Neighborhood Retail Center Space

4132 E Mcdowell Rd, Phoenix, AZ 85008

Contact for pricing

7,632 sqft

Retail suite available with excellent visibility near the McDowell Road and 44th Street intersection.

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Redevelopment Opportunity in Phoenix, AZ

9401-9415 N Central Ave |, Phoenix, AZ 85020

$4,900,000

11 sqft

11,800 SF property suitable for redevelopment, renovation, or owner-user.

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Phoenix Retail NNN Investment Opportunity

6175 S 35th Ave, Phoenix, AZ

$1,957,000

7,000 sqft 0.92 AC lot

NNN leased retail property with scheduled rent increases in Phoenix.

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Phoenix, AZ Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Phoenix, AZ, showcased through 69 active listings on our real estate platform. These investment opportunities span a total of 212,273 square feet of properties for sale, with an estimated market value of $73,928,437.

Sale prices for retail space in Phoenix, AZ start at $349,900, averaging $2,310,263, and reaching up to $9,765,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 1.46M

Population Growth (5Y) +4.4%

Median Household Income $76,692

College Educated 25.3%

High-Yield Neighborhoods for Investment

Identify Phoenix submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
85007	$625K
85031	$627K
85015	$795K
85016	$855.7K
85018	$862.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Maricopa County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Phoenix fall within the 100,000+ square foot range.

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