Phoenix Retail for Sale - Downtown

CBRE is pleased to exclusively offer for sale The Welnick Marketplace (“the Property”), multi-tenant retail development located in Downtown Phoenix. The Welnick Marketplace is ±13,968 rentable square feet located in the City of Phoenix Entertainment District. The brothers, Leo and Ed Welnick, built Welnick Bros Marketplace in 1927. The adjacent Liefgreen Seed building make up the entire adaptive reuse project ±13,968 SF. In August of 2016 the property was placed on the National Register of Historic Places by the United Stated Department of Interior. Between 2015-2016 Developer Ownership spent over $2.0 million on all new roof, HVAC, structural, life safety, electrical and plumbing. Tenants are Gus’s World Famous Fried Chicken, and Quartz Cocktail Bar. There is ±9,026 Square Feet of 2nd generation restaurant space available.

Property Subtype:

Storefront

Date on Market:

2026-02-02

Mesa Retail for Sale - Superstition Corridor

Former Japanese/Sushi Restaurant with an owner operator who closed the business in 2024. This space is turn key and ready for a new owner/operator or perhaps an investor looking to purchase the building and lease it out to a new tenant. Dining Room max occupancy is 131. Private walk in Office. Walk in Fridge. 8 Top Burners. Multiple Freezers and Food Prep locations. Series 12 liquor license.

Property Subtype:

Restaurant

Date on Market:

2026-01-29

Fountain Hills Retail for Sale - N Scottsdale/Carefree

One-of-a-kind 3337 SF commercial building in the heart of Fountain Hills. Currently owner operator property. Prime downtown location just one block from the Fountain, with stunning mountain views. Interior features easy maintenance concrete floors, recessed lighting, neutral tones, and modern finishes for easy maintenance. Extensive 2022 upgrades include new foam roof with new plywood and tile, four new AC units, updated interior and exterior lighting, renovated bathrooms, and expanded open-concept layout by combining rear suites with two 10-ft openings. Additional enhancements include Douglas Fir beams, iron trellises, new gates and railings, upgraded mailbox, and a renovated workspace with kitchen amenities. Exceptional investment opportunity in a highly desirable location. Please do not interrupt business operations with questions. Feel free to browse the property, but direct all questions to the listing agent. Fountain Hills zoning information should be confirmed with the Town of Fountain Hills. https://fountainhills.town.codes/ZO/12.01 90 day close required.

Property Subtype:

Freestanding

Date on Market:

2026-01-28

Chandler Retail for Sale

Exclusively represented by ORION Investment Real Estate - Nick Miner, CCIM Recently taken over by Black Rock Coffee, formerly occupied by Ziggi’s Coffee. Strategically located within a high-traffic corridor, this site is surrounded by strong neighboring retail/traffic avenues, including CVS, Goodwill, Mesquite High School, Legacy Traditional School, Cobblestone Auto Spa, as well as growing residential communities and retail centers, driving consistent foot traffic and long-term demand. Situated just north of the McQueen Rd and Warner Rd intersection, this site offers outstanding visibility and exposure to over 50,000 vehicles per day. With convenient access from McQueen or Warner Rd., it’s an ideal location for maximizing presence in a high-demand trade area.

Property Subtype:

Fast Food

Date on Market:

2026-01-28

Phoenix Multifamily for Sale - Midtown

A modern, turnkey nail salon condominium located on the ground floor of a mixed use high rise on Central Avenue in Midtown Phoenix, ideal for an owner user or investor seeking a boutique personal-care space in a high-traffic, transit oriented corridor. • Open, light-filled layout with multiple manicure and pedicure stations, reception area, and built-in product display shelving, designed for efficient salon operations and guest comfort. • Contemporary finishes include large-format tile flooring, upgraded lighting with decorative chandeliers, high ceilings, and high-end salon chairs and workstations that present a professional, spa-like aesthetic. Building and location • Situated in a seven story condominium building completed in 2007 with approximately 50 residential units and ground floor retail, offering a built in customer base and strong surrounding demographics. • Located directly on N Central Ave in Midtown Phoenix near the light rail, cultural venues, and dining, providing excellent visibility, walkability, and easy access for both drive up and transit customers. Use and suitability • Currently built out and operating as a boutique nail salon providing manicure and pedicure services, making it a plug and play opportunity for beauty, spa, or personal care operators. • The high-quality improvements and established salon layout also make the space adaptable for medspa, lash, brow, or complementary wellness concepts seeking a premium Midtown Phoenix address.

Property Subtype:

Apartment

Date on Market:

2026-01-27

Phoenix Retail for Sale - Midtown/Central Phoenix

3244 E Thomas Rd offers owner/users an exceptional opportunity to acquire a well-positioned retail asset within a highly trafficked submarket. This ±11,150 SF retail property sits on a generous 1.06-acre parcel. With excellent street frontage on Thomas Road, the property benefits from high visibility and robust daily traffic volumes, supporting strong tenant sales and sustained demand. Constructed in 1973 and zoned C-2, the building features a highly functional layout, ample parking (36 spaces; 3.2/1,000 SF ratio), and prominent monument signage to amplify visibility. Surrounding demographics, proximity to Phoenix Sky Harbor International Airport (12-minute drive), and a favorable Walk Score of 74 support vibrant retail demand. Property will be delivered vacant.

Property Subtype:

Freestanding

Date on Market:

2026-01-26

Phoenix Retail for Sale - Midtown

Kocour Company is pleased to offer this iconic restaurant building known as Ocotillo. Ocotillo is located at the corner of Third Street and Flower in Midtown Phoenix. The indoor/outdoor design blends native desert flora with modern architecture.  The inviting indoor space has a full-service bar, dining room and a communal wine events area. Outdoors, you will find several unique spaces including the Ramada, the Flower Street patio, the Beer Garden, Lucy’s lawn and the Sidecar Cocktail Lounge. The buildings surround and compose a dramatic outdoor dining and event courtyard complete with lush shady landscaping and multiple patios. The property features a multitude of community space with enclaves of gathering spaces with an event lawn, communal tables, seating ramadas, and nook seating throughout the property. Naturally rusted corrugated panels and steel canopies carve the intimate sections of the indoor/outdoor compound. A second story cargo container also features office space. All Furniture, Fixtures and Equipment can be made available. Embraced by resident's valley wide, this legacy dining and event venue offers a truly authentic Phoenix, Arizona experience. Ocotillo is a one-of-a-kind collector property that will appreciate in time.

Property Subtype:

Restaurant

Date on Market:

2026-01-26

Tempe Retail for Sale - Airport Area

• Two fresh ten (10) year NN leases with O’Reilly Auto Parts (S&P: BBB) and Sherwin-Williams (S&P: BBB) • Adjacent to Arizona Mills (Simon owned mall), The Home Depot, the Arizona Grand Resort & Spa, etc. • Dense demos: approximately 19,969 people in a one mile radius and 116,139 in a three mile radius • $82k annual average household income in a 3 mile radius • 60,000+ vehicles per day at this intersection (approximately 42k on Baseline and 18k on Priest) • One block from the I-10 (157k+ vehicles per day)

Date on Market:

2026-01-23

Phoenix Industrial for Sale - Midtown/Central Phoenix

Available for immediate occupancy. This freestanding industrial/retail/showroom property offers a rare ownership opportunity in a prime Phoenix corridor. Strategically located on E McDowell Road with excellent visibility and traffic counts of approximately 31,920 VPD, the site provides unmatched access to Downtown and Midtown Phoenix business districts. The asset spans ±1.39 acres and features a versatile ±30,047 SF building designed for operational efficiency and retail appeal. The property includes a large showroom ideal for retail sales and a convenient drive-thru, creating a unique advantage for businesses seeking customer-facing functionality. Inside, the space offers 21’–23’ clear heights, a mezzanine, skylights, and swamp coolers for warehouse comfort. Infrastructure is robust with 1200A and 400A 3-phase power, fire sprinklers, and four grade-level doors plus a truckwell for streamlined logistics. Recent upgrades include a new roof (2020), fresh paint, and asphalt seal, ensuring a turnkey experience for buyers. Located in an Opportunity Zone, this asset provides potential tax advantages, further enhancing its investment appeal. Surrounding demographics reflect strong growth, with household incomes exceeding $80,000 and a projected population increase of over 8% within five miles by 2029.

Date on Market:

2026-01-21

Surprise Retail for Sale - Loop 303/Surprise

• All of the tenants are on new, 10-year leases with 2 (5-Year) options to extend • All of the leases feature 10% rental increases every 5 years throughout the initial term and at the beginning of each option • The subject property is part of the new development “Cactus | 303”, which will feature several national tenants including In-N-Out, QuikTrip, Take 5, Discount Tire, Slim Chickens, Quick Quack Car Wash, and more • Surprise, Arizona is one of the fastest growing communities in the entire country • The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Costco Wholesale, Walmart Supercenter, Home Depot, Kohl’s, TJ Maxx, and more

Property Subtype:

Storefront

Date on Market:

2026-01-20

Chandler Retail for Sale

- Vacant CVS redevelopment opportunity featuring a ±14,068 SF building on a large ±2.21-acre hard-corner parcel. - The Property is located at the signalized intersection of E Ray Rd and N McQueen Rd (±26,832 VPD) (Source: ADOT, 2024). - A Safeway anchored center is directly across the street, with other tenants including Dignity Health, Wells Fargo, Dollar Tree, and more. -This location boasts strong demographics with a population of ±143,782 and an average household income of ±$125,572 in a 3-mile radius (Source: Esri).

Property Subtype:

Drug Store

Date on Market:

2026-01-13

Phoenix Retail for Sale - Northwest Phoenix

Positioned in the heart of Phoenix along 19th Avenue, this freestanding office building offers a rare investment opportunity in a designated Opportunity Zone. The property spans 11,207 square feet of land with a 2,678-square-foot structure, previously utilized as a daycare and church, making it ideal for adaptive reuse or redevelopment. Its R-3 zoning provides flexibility for office or specialty uses, while the light rail frontage ensures exceptional connectivity for employees and clients. The building features a large open area complemented by two private offices, two restrooms, and a break room, all supported by 100% HVAC for year-round comfort. With strong visibility on 19th Avenue and proximity to major thoroughfares like W Glendale Avenue, the site benefits from high traffic counts and easy access to downtown Phoenix. Surrounding demographics underscore the property’s strategic location, with over 457,000 residents within a five-mile radius and median household incomes exceeding $57,000. Investors will appreciate the tax advantages tied to Opportunity Zone designation, as well as the property’s adaptability for professional services, community organizations, or creative office concepts. Offered at $600,000, this asset combines affordability with long-term growth potential in one of Phoenix’s most dynamic corridors.

Property Subtype:

Day Care Center

Date on Market:

2026-01-09

Mesa Retail for Sale - Mesa Downtown

3,774 SF freestanding retail/industrial building divisible into two suites. Enjoy 2 ground-level, roll-up doors. There are 3 restrooms, 2 offices, and plenty of open space that can be used as a bullpen or converted into industrial or retail use. As a Lease, delivered MG with tenant paying for insurance & utilities. As a Sale, this is an excellent owner-user or investment opportunity.

Property Subtype:

Freestanding

Date on Market:

2025-11-25

Phoenix Office for Sale - Midtown/Central Phoenix

EXCLUSIVELY REPRESENTED BY ORION INVESTMENT REAL ESTATE - Nick Miner, CCIM & JT Taylor 2425 East Thomas Road in Phoenix is a a centrally located, mid-century retail/office/commercial property offering a wide array of uses. Constructed in the late 1950s, this two-story building sits just east of the southeast corner of 24th Street and Thomas Road. The property has strong visibility and convenient access to major thoroughfares. The property features flexible floor plan options, including configurations with private offices, ground-floor entry, and plug-and-play capabilities, making it well-suited for small businesses or operators seeking an efficient, move-in-ready environment. In addition to the property, two residential homes located directly south of the property are also available for purchase, offering a prospective buyer the opportunity for future expansion or redevelopment. Please contact the listing agents for more information about the residential properties.

Date on Market:

2025-11-21

Mesa Retail for Sale - Gateway Airport/Loop 202

Date on Market:

2025-11-20

Mesa Retail for Sale - Mesa Downtown

Prime single-tenant investment opportunity in the heart of Downtown Mesa! This ±6,381 SF freestanding building at 104 E 1st Avenue offers a vibrant mix of entertainment and retail, The Rosetta Room, a sister location to the historic Nile Theater. Recently renovated in 2025 with a new roof and HVAC, the property sits in a rapidly growing district with strong residential, retail, and institutional development. Offered at a now reduced price of $1,531,579 with a 7.6% cap rate, this property delivers historic character and modern upgrades in one of Mesa’s most dynamic urban corridors.

Property Subtype:

Freestanding

Date on Market:

2025-11-18

Surprise Retail for Sale - Loop 303/Surprise

- The tenant recently signed a brand new 10-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site - The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation

Property Subtype:

Freestanding

Date on Market:

2025-11-10

Mesa Retail for Sale - Mesa East

This offering features a 5,934-square-foot commercial/ghost kitchen facility situated on a generous 0.98-acre lot. The property includes secure perimeter fencing and a fully paved parking area. It is being marketed for sale with a substantial inventory of restaurant and kitchen equipment, providing immediate functionality for food service operations. In addition to its current use, the property offers strong redevelopment potential. Located adjacent to the light rail, within a designated Opportunity Zone, and just minutes east of Arizona State University, the site is well-positioned for multifamily, retail, or restaurant development.

Property Subtype:

Restaurant

Date on Market:

2025-10-24

Phoenix Retail for Sale - Northwest Phoenix

Property Subtype:

Fast Food

Date on Market:

2025-10-23

Phoenix Retail for Sale - Paradise Valley

• The tenant currently has 10+ years remaining on their initial lease with 3 (5-year) options to extend • The lease features 10% rental increases every 5 years during the initial term and options, growing NOI and hedging against inflation

Property Subtype:

Fast Food

Date on Market:

2025-10-23

Surprise Retail for Sale - Loop 303/Surprise

Property Subtype:

Storefront

Date on Market:

2025-10-14

Fountain Hills Retail for Sale - N Scottsdale/Carefree

Currently a salon, but could be utilized for any type of retail. Treatment rooms may be leased to another business for secondary income as well as the newly remodeled, gorgeous condo (really, just look at the photos)-or if you want to have the easiest commute ever, just walk up the stairs to your enormous balcony overlooking the famous Fountain Hill fountain and settle into your brand new home.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-10-01

Portfolio of properties for Sale - Glendale

Most dominant West-Valley intersection and regional shopping destination with powerful co-tenancy at the intersection

Date on Market:

2025-10-01

Mesa Retail for Sale - Mesa Downtown

DOWNTOWN MESA | UNIQUELY LOCAL As the upcoming urban redevelopment center in the Phoenix-Mesa metro area; opportunities abound to redevelop property and grow a business in downtown Mesa. Nestled in the heart of the third largest city in Arizona, Mesa is home to the technologies of tomorrow and one of Arizona’s oldest and largest historic commercial districts. With business incentives such as the Downtown Sign Program, the development of the Innovation District plus a dedicated Downtown Transformation Office—Downtown Mesa is the vibrant destination.

Property Subtype:

Storefront

Date on Market:

2025-10-01