Phoenix, AZ Strip Malls for Sale

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Updated: Apr 3

Value Add Strip Mall Property

3404 E Thomas Rd, Phoenix, AZ 85018

$3,400,000

21,930 sqft

High‑traffic location on Thomas Road with approximately 40,834 vehicles per day.
Significant upside potential through lease‑up of 2 vacant suites.
Below‑market rents averaging $8.00 per square foot compared to market rents of $18.00 per square foot.
Located directly across from 320 new multifamily units.
86% occupied.

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This listing looks promising.

Here's a quick look at some key insights for

3404 E Thomas Rd, Phoenix, AZ 85018

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Est. Cap Rate

7.3%
Above avg (5.9%)
Est. NOI

$248K
Annual
Price @ 7% Cap

$3.54M
Above asking

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Updated: Aug 8

Two-Tenant NNN Strip Center

4611 E Chandler Blvd, Phoenix, AZ 85048

$2,909,092

9,000 sqft

9,000 SF two‑tenant strip center built in 2007
Fully leased under NNN lease structures
One tenant executed a new six‑year lease
Second tenant has approximately four years remaining on its lease
Two five‑year renewal options and contractual rental increases for both tenants

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Retail Space with Indian School Frontage

8225 W INDIAN SCHOOL Road, Phoenix, AZ 85033

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10,000 sqft

Approximately one thousand square feet in a multi-tenant center near established retail and service businesses.

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Signalized-Corner Strip Mall Unit

1231 E Northern Ave, Phoenix, AZ 85020

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17,400 sqft

C-2 retail space with frontage along Northern Avenue and convenient access to SR-51.

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Shopping Center with Monument Signage

3130-3150 E Union Hills Dr, Phoenix, AZ 85050

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29,782 sqft 3.02 AC lot

Two-building shopping center on C-2 zoned land with monument signs on both major streets.

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Retail Strip Center Opportunity

3402 East Thomas Road, Phoenix, AZ 85018

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19,579 sqft

Retail strip center offered for sale in Central Phoenix’s Arcadia trade area.

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Retail Space in Laveen Center

SEC Baseline Rd & 59th Ave, Laveen, AZ 85339

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26,988 sqft

Retail space available in a high-traffic Laveen shopping center.

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Neighborhood Shopping Center

12450 N 35th Ave, Phoenix, AZ 85029

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4,000 sqft

Small retail suites occupy a neighborhood center at a signalized corner with access to Interstate 17.

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Strip Center with National Anchors

5217-5233 South Central Avenue, Phoenix, AZ 85040

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Roeser Plaza is a Central Avenue strip center anchored by Dairy Queen, Family Dollar/Dollar Tree, Subway, and Total by Verizon.

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Phoenix Strip Center For Sale

NEC Bell Rd & 19th Ave - 1838 W Bell Rd, Phoenix, AZ 85023

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Strip center with high visibility and regional access.

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Grocery-Anchored Neighborhood Strip Center

4227 S. Central Avenue, Phoenix, AZ 85040

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Fee simple opportunity featuring a grocery-anchored strip center currently 96% occupied on NNN leases.

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Retail Strip Mall with Covered Parking

1708-1716 E McDowell Rd, Phoenix, AZ 85006

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6,126 sqft

Retail strip mall with McDowell Rd frontage and city lot parking, including covered parking behind the building.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Phoenix, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Shopping Center Space

5008 W Northern Ave, Glendale, AZ 85301

Contact for pricing

17,900 sqft

Retail space with pylon signage and visibility along a high-traffic corridor near a signalized intersection.

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Fully Leased Multi-Tenant Retail Center

5937 N 91st Avenue, Glendale, AZ 85305

Contact for pricing

12,421 sqft

Fully leased retail center generating NOI with multiple tenant suites near major Glendale sports venues.

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Retail Space Near Kierland Commons

6339 E Greenway Rd, Scottsdale, AZ 85254

Contact for pricing

19,246 sqft

Retail property near Scottsdale, high traffic, ample parking.

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Retail Property Near Hayden Road

7770 E McDowell Rd, Scottsdale, AZ 85257

Contact for pricing

1 sqft

Retail property anchored by Fry's near Hayden and McDowell.

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Off-Market Properties in Phoenix, AZ

Consider similar Off-Market properties in Phoenix, AZ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

SHOPPING CENTER, STRIP CENTER

2315 Bell Rd, Phoenix, AZ 85022-2901

$905,000

Estimated value

6,943 sqft 0.44 AC lot

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SHOPPING CENTER, STRIP CENTER

3542 Glendale Ave, Phoenix, AZ 85051-8358

$4,110,000

Estimated value

33,733 sqft 3.83 AC lot

View details

SHOPPING CENTER, STRIP CENTER

3173 Chandler Blvd, Phoenix, AZ 85048-8705

$1,440,000

Estimated value

5,200 sqft 0.26 AC lot

View details

SHOPPING CENTER, STRIP CENTER

1612 Southern Ave, Phoenix, AZ 85040-3534

$685,000

Estimated value

4,178 sqft 0.34 AC lot

View details

SHOPPING CENTER, STRIP CENTER

3031 Van Buren St, Phoenix, AZ 85009-4958

$635,000

Estimated value

11,020 sqft 3.21 AC lot

View details

SHOPPING CENTER, STRIP CENTER

4611 Chandler Blvd, Phoenix, AZ 85048-0441

$800,000

Estimated value

9,000 sqft 1.26 AC lot

View details

SHOPPING CENTER, STRIP CENTER

6538 Thomas Rd, Phoenix, AZ 85033-5736

$780,000

Estimated value

30,645 sqft 5.57 AC lot

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SHOPPING CENTER, STRIP CENTER

4434 19th Ave, Phoenix, AZ 85015-4114

$465,000

Estimated value

3,750 sqft 0.28 AC lot

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SHOPPING CENTER, STRIP CENTER

15410 Mtn Pkwy, Phoenix, AZ 85044-6691

$2,900,000

Estimated value

9,600 sqft 1.64 AC lot

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SHOPPING CENTER, STRIP CENTER

1949 Camelback Rd, Phoenix, AZ 85016-4145

$58,435,000

Estimated value

116,200 sqft 13.83 AC lot

View details

SHOPPING CENTER, STRIP CENTER

2737 Thunderbird Rd, Phoenix, AZ 85053-7716

$3,295,000

Estimated value

18,904 sqft 3.46 AC lot

View details

SHOPPING CENTER, STRIP CENTER

3001 Thomas Rd, Phoenix, AZ 85016-8023

$1,625,000

Estimated value

9,222 sqft 0.30 AC lot

View details

Phoenix, AZ Strip Malls Market Trends and Statistics

Explore 72 strip malls for sale in Phoenix, AZ, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 144,805 square feet of properties for sale, with an estimated market value of $6,309,092.

Sale prices for retail strips in Phoenix, AZ start at $2,909,092, averaging $3,154,546, and reaching up to $3,400,000 — 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
85018	$3.4M
85040	$3.6M

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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Phoenix, AZ Strip Malls for Sale

3404 E Thomas Rd, Phoenix, AZ 85018

4611 E Chandler Blvd, Phoenix, AZ 85048

8225 W INDIAN SCHOOL Road, Phoenix, AZ 85033

1231 E Northern Ave, Phoenix, AZ 85020

3130-3150 E Union Hills Dr, Phoenix, AZ 85050

3402 East Thomas Road, Phoenix, AZ 85018

SEC Baseline Rd & 59th Ave, Laveen, AZ 85339

12450 N 35th Ave, Phoenix, AZ 85029

5217-5233 South Central Avenue, Phoenix, AZ 85040

NEC Bell Rd & 19th Ave - 1838 W Bell Rd, Phoenix, AZ 85023

4227 S. Central Avenue, Phoenix, AZ 85040

1708-1716 E McDowell Rd, Phoenix, AZ 85006

Opportunities in Nearby Cities

5008 W Northern Ave, Glendale, AZ 85301

5937 N 91st Avenue, Glendale, AZ 85305

6339 E Greenway Rd, Scottsdale, AZ 85254

7770 E McDowell Rd, Scottsdale, AZ 85257

Off-Market Properties in Phoenix, AZ

2315 Bell Rd, Phoenix, AZ 85022-2901

3542 Glendale Ave, Phoenix, AZ 85051-8358

3173 Chandler Blvd, Phoenix, AZ 85048-8705

1612 Southern Ave, Phoenix, AZ 85040-3534

3031 Van Buren St, Phoenix, AZ 85009-4958

4611 Chandler Blvd, Phoenix, AZ 85048-0441

6538 Thomas Rd, Phoenix, AZ 85033-5736

4434 19th Ave, Phoenix, AZ 85015-4114

15410 Mtn Pkwy, Phoenix, AZ 85044-6691

1949 Camelback Rd, Phoenix, AZ 85016-4145

2737 Thunderbird Rd, Phoenix, AZ 85053-7716

3001 Thomas Rd, Phoenix, AZ 85016-8023

Phoenix, AZ Strip Malls Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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