Phoenix Retail for Sale - Glendale

Cushman & Wakefield is pleased to present the opportunity to acquire Encanto Plaza, a fully occupied multi-tenant retail investment located in Phoenix, Arizona. The property consists of approximately 10,026 square feet situated on ±1.44 acres and is 100% leased to eight local tenants serving the greater Phoenix area. Structured with NNN leases, the asset offers investors a stable in-place income stream with limited landlord expense responsibilities, further supported by strong annual rent growth of 4% across all leases. Originally constructed in 2003, Encanto Plaza provides a diverse neighborhood-oriented tenant mix with a weighted average lease term of approximately 4.8 years. The property’s tenancy is particularly attractive due to its local market focus, with all eight tenants operating within the Phoenix area and the majority having occupied the center for more than 10 years. This long-standing tenancy helps demonstrate the property’s stability, established customer base, and relevance within the surrounding community. The center is within a densely populated trade area containing more than 409,000 residents within a five-mile radius. The site benefits from convenient access near the I-10 Freeway, which sees traffic counts of approximately 302,927 vehicles per day, as well as strong visibility at a hard corner location near major demand drivers including Desert Sky Mall and Talking Stick Amphitheatre. The surrounding area is also supported by average household incomes exceeding $104,000 within a one-mile radius. This offering represents an opportunity to acquire a stabilized Phoenix retail center with diverse local tenancy, durable in-place cash flow, contractual rent growth, and strong real estate fundamentals in a well-established infill location.

Date on Market:

2026-04-20

Tempe Retail for Sale - Airport Area

Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service. Founded in 1951 in El Paso, Texas, the company is owned and operated by the Canada-based Alimentation Couche-Tard, the leader in the Canadian convenience store industry. In the United States, it is the largest independent convenience store operator in terms of number of company-operated stores. Located just 10 minutes east of downtown Phoenix, Tempe exudes its own personality and the youthful spirit of a college town. Home to Arizona State University, the largest public university in the United States, Tempe has a vibrant downtown that’s active day and night.

Property Subtype:

Service Station

Date on Market:

2026-04-16

Cave Creek Retail for Sale - N Phoenix/Cave Creek

Property Subtype:

Day Care Center

Date on Market:

2026-04-14

Phoenix Retail for Sale - Northwest Phoenix

Kocour Company is pleased to present The Newton Phoenix, a nationally recognized, award-winning mixed-use asset strategically located at the northwest corner of 3rd Avenue and Camelback Road in Uptown Phoenix—one of the city’s most established and supply-constrained submarkets. Situated on approximately 1.20 acres at a signalized hard corner along the light rail, the property encompasses 18,599 square feet of architecturally distinctive, multi-tenant retail, dining, and event space. Reimagined by Venue Projects, The Newton Phoenix represents a best-in-class adaptive reuse project that combines historic character with modern functionality, creating a durable and differentiated investment asset. Originally constructed as the iconic 1960s steakhouse Jay Newton’s Beefeaters, the property underwent a comprehensive renovation and reopened in 2014. The redevelopment preserved irreplaceable architectural elements while integrating contemporary design features, including floor-to-ceiling glass, exposed trussed ceilings, indoor-outdoor green space, and custom fireplaces constructed with vintage Queen Creek adobe brick. These elements create a unique experiential environment that drives tenant demand and sustained consumer traffic. The Newton benefits from strong co-tenancy and a curated mix of high-performing independent operators, including Changing Hands Bookstore, First Draft Book Bar, The Toasted Owl, Tesota, event venues, and meeting/event spaces. This complementary ecosystem fosters cross-traffic and enhances tenant stability through diversified revenue streams across retail, food & beverage, and event uses. Adjacent to the Rise Uptown Boutique Hotel and surrounded by dense residential historic neighborhoods and established retail corridors, the property is positioned as both a neighborhood anchor and regional destination. Its irreplaceable location, architectural authenticity, and proven tenant synergy create meaningful barriers to entry and long-term value preservation. The Newton Phoenix offers investors the opportunity to acquire a one of a kind stabilized, institutionally recognized asset with strong branding, embedded community presence, and durable positioning within one of Phoenix’s most desirable urban corridors.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-04-13

Phoenix Portfolio of properties for Sale - Paradise Valley

Plaza 32 is a ±173,304 square foot community shopping center prominently located at the southeast corner of 32nd Street and Bell Road in North Phoenix. The center is currently 84.0% leased, with 16.0% vacancy, and has experienced leasing momentum with 13,351 square feet of new leases signed in the past 12 months. Anchored by LA Fitness (formerly Esporta Fitness), one of the most recognized health club brands in the nation, Plaza 32 benefits from a strong internet-resistant and service-oriented tenant mix. Ownership has recently completed significant capital improvements, including all new lighting and exterior paint upgrades, enhancing curb appeal and long-term positioning. The property offers excellent accessibility with eight curb-cut access points spanning Bell Road, 32nd Street, 34th Street, and Phelps Road. Additionally, the site has received new zoning approval for self storage on the southeast corner, creating an immediate value add development opportunity. Future upside is further supported by below market in-place rents, a vacant second-story space ideal for salon suites or coworking, and the optionality to build and sell off the newly zoned self storage pad. Combined with its prime location in Maricopa County, the fastest growing county in the United States, Plaza 32 presents investors with a stable income stream, diverse tenancy, and multiple avenues for long-term growth.

Date on Market:

2026-04-13

Phoenix Retail for Sale - Northwest Phoenix

We are pleased to present for sale Metro Square Shopping Center. Metro Square Shopping Center is a multi-tenant neighborhood retail investment located at 11846 N. 28th Drive in Phoenix, Arizona. The property consists of approximately 23,588 square feet across three buildings within the established North Phoenix submarket. The center is positioned along a well-traveled corridor, offering strong visibility and convenient access for surrounding residential communities. The property serves a dense trade area and benefits from consistent local consumer traffic. Metro Square presents an opportunity to acquire a stabilized retail asset with in-place income and future upside through lease rollover and tenant repositioning within a mature Phoenix retail corridor.

Property Subtype:

Freestanding

Date on Market:

2026-04-06

Phoenix Retail for Sale - Northwest Phoenix

Positioned along a high-traffic corridor in West Phoenix, this property presents a compelling value-add investment opportunity for investors, owner-users, or developers seeking to reposition a well-located retail asset. The existing structure offers a functional footprint with strong visibility, supported by monument signage and on-site parking. While the building requires a full interior renovation, this creates a rare opportunity to customize the space to suit a wide range of commercial uses and maximize long-term value.

Date on Market:

2026-04-03

Phoenix Office for Sale - Midtown/Central Phoenix

This freestanding retail/office building sits on a high-visibility corner lot at 12th Street and Oak Street in Central Phoenix. The 2,290 SF building was renovated in 2021 and most recently operated as a birthing center. The layout includes three private suites each with an in-suite bath, two exam rooms, two bathrooms, a large reception / waiting area, and a break room. Additionally, the property includes fenced parking. The floor plan adapts readily to a wide range of professional, medical, or wellness uses.

Property Subtype:

Medical

Date on Market:

2026-03-24

Phoenix Retail for Sale - Glendale

Property Subtype:

Restaurant

Date on Market:

2026-03-20

Phoenix Retail for Sale - Glendale

This single-tenant restaurant property occupies a high-visibility location along West Indian School Road in Phoenix’s Maryvale trade area. Positioned on a 0.68-acre parcel, the site benefits from excellent commercial zoning (C-2) and frontage exposure, offering investors or owner-users a stable and flexible retail holding. The property features a one-story, Class B building with functional restaurant infrastructure and air conditioning. Its strategic positioning near major intersections and arterial roadways provides seamless connectivity to surrounding neighborhoods and regional centers. The dense West Valley corridor provides a robust consumer base supported by strong demographics and consistent traffic counts. Accessibility to Interstate 10 and Loop 101 enables efficient regional reach, while proximity to Grand Canyon University, Desert Sky Mall, and entertainment venues strengthens consumer draw. This offering represents an opportunity to secure a well-located asset in an established commercial corridor with enduring demand for food and beverage operations.

Property Subtype:

Restaurant

Date on Market:

2026-03-20

Tempe Retail for Sale - South Tempe/Ahwatukee

Property Subtype:

Freestanding

Date on Market:

2026-03-16

Phoenix Retail for Sale - Deer Valley/Airport

We are pleased to exclusively offer for sale the 9,702 SF Cracker Barrel located at 21611 N 26th Avenue in Phoenix, AZ. This offering features a long-term Absolute Triple Net (NNN) lease with 14+ years remaining in the primary term. The lease includes 1% annual rent increases throughout the base term and provides multiple extension opportunities through several 5-year renewal options, along with additional 5-year options at fair market value (FMV), supporting durable income and long term investment stability. In Cooperation With Sands Investment Arizona, LLC - Lic. #LC690889000 BoR: Gary W. Berwick, CCIM - Lic. AZ #BR625869000

Property Subtype:

Restaurant

Date on Market:

2026-03-16

Phoenix Retail for Sale - Southwest Phoenix

Prime Investment with Rare C-3 Zoning. Excellent opportunity to acquire a high-visibility commercial property generating strong income with a 6% cap rate. The 1,814 SF building is leased to an established auto repair tenant at $5,500/month, providing stable cash flow. Property has been recently remodeled and features a new roof, minimizing near-term capital expenses. Includes three exterior service bays with two lifts and ample parking. Located in a busy corridor with highly desirable and hard-to-find C-3 zoning, allowing for a wide range of commercial uses and long-term flexibility for investors or future redevelopment.

Property Subtype:

Freestanding

Date on Market:

2026-03-13

Phoenix Multifamily for Sale - Midtown

SVN is pleased to present a rare street retail condo opportunity at 2323 N Central Ave in Midtown Phoenix. The ±1,800 SF space is located within Regency on Central, a landmark 22-story residential tower built in 1965 and designed by architect George H. Schoneberger Jr. Recognized for its historic significance, the property has been thoughtfully updated through major renovations beginning in 2004. Regency on Central includes 119 total units consisting of 114 luxury condos, four penthouses, and one ground floor retail space. The professionally managed building offers amenities including a 24-hour front desk, controlled access, fitness center, event space, underground parking, and a resort-style outdoor area with pool, spa, cabanas, grills, and fire pit. Zoned C-2, the space supports a wide range of retail and service-oriented uses, creating an attractive opportunity for investors or owner-users.

Property Subtype:

Apartment

Date on Market:

2026-03-12

Peoria Retail for Sale - Arrowhead

Happy Valley Retail Strip is a brand new, 100% leased multi-tenant retail shops building located approximately 25 miles north of downtown Phoenix, within the rapidly expanding North Phoenix corridor. In Association with Scott Reid & ParaSell, Inc. | A Licensed Arizona Broker #CO709902000 Inquiries by residents and properties owners of the State are to be made to Scott Reid.

Property Subtype:

Freestanding

Date on Market:

2026-03-11

Phoenix Retail for Sale - Southwest Phoenix

David Harrington Matthews Real Estate Investment Services, Inc License # CO701910000, BR715518000 (AZ) 4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251 (866) 889-0550

Property Subtype:

Auto Repair

Date on Market:

2026-03-09

Tolleson Retail for Sale - Glendale

This single-tenant net lease auto repair facility offers a stable investment opportunity in the thriving Phoenix metropolitan area. Located at 9970 West Lower Buckeye Road in Tolleson, AZ, the property is strategically positioned across from the Pecan Promenade, a major retail center anchored by Target, Ross, LA Fitness, and Starbucks. The building spans approximately 7,610 square feet on a 52,129-square-foot parcel and features a tilt-up concrete block structure, new HVAC system, and recently resurfaced and restriped parking lot with 37 spaces. The tenant, Joe’s Auto, is a leading automotive service provider with over 30 years of experience and 10 locations across the Phoenix Valley. The lease is structured as a triple-net (NNN) agreement, minimizing landlord responsibilities to structural elements and portions of the roof. The initial 10-year term includes two five-year renewal options and 10% rent escalations every five years, providing predictable income growth. With a list price of $3,900,000 and a cap rate of 5.85%, this property offers investors a secure, long-term income stream backed by a well-established tenant in a high-growth trade area.

Property Subtype:

Auto Repair

Date on Market:

2026-03-06

Phoenix Retail for Sale - Midtown/Central Phoenix

Property Subtype:

Restaurant

Date on Market:

2026-03-05

Phoenix Multifamily for Sale - Midtown

Prime Restaurant/Retail Space Available – Fully Equipped – 1326 N Central Ave, Phoenix, AZ

Property Subtype:

Apartment

Date on Market:

2026-03-04

Phoenix Retail for Sale - Deer Valley/Airport

SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, CVS Pharmacy investment property located in Phoenix, Arizona. CVS recently extended their lease for 10 years and has 3 (5-year) options to extend remaining, demonstrating their long-term commitment to the site. The lease features 10% rental increases at the beginning of each option period, steadily growing NOI and providing a hedge against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor. The store operates daily from 7:00 AM to 11:00 PM, with the pharmacy open from 8:00 AM to 8:00 PM, demonstrating strong daily consumer demand at the site. The property supports nearly 385,000 customers per year and ranks in the top 82nd percentile of all CVS locations nationwide.

Property Subtype:

Drug Store

Date on Market:

2026-03-02

Phoenix Retail for Sale - Piestewa Peak Corridor

• AUTOMOTIVE SALES OFFICE • 3 BAY REPAIR SHOP • 15’ CLEAR HEIGHT • LARGE CANOPY • DUNLAP FRONTAGE • MULTI-TENANT CAPABLE

Property Subtype:

Auto Repair

Date on Market:

2026-02-27

Phoenix Multifamily for Sale - Midtown

Available for sale is 2302 N Central Avenue, Unit 105 in Phoenix, comprised of an office/retail condominium unit located on the ground floor of the Tapestry on Central retail and residential condominium development on Central Avenue and Encanto Blvd. Tapestry on Central has approx. 400 residents and 280 condominium units. This is an opportunity to own your own office/retail space in a downtown Phoenix location instead of paying rent to a landlord.

Property Subtype:

Apartment

Date on Market:

2026-02-26

Phoenix Retail for Sale - Southwest Phoenix

Rare C-3 Opportunity Zone Investment | Transit-Oriented | Value-Add + Owner-User Potential Exceptional opportunity to acquire a rare C-3 zoned commercial property positioned in a designated Opportunity Zone within a rapidly transforming redevelopment corridor. Strategically located adjacent to the light rail station, this high-visibility, transit-oriented asset offers unmatched accessibility, strong foot traffic, and long-term appreciation potential as the surrounding area continues to evolve. The property is currently improved with multiple tenants on month-to-month leases, providing immediate in-place cash flow while offering flexibility for repositioning, lease restructuring, or owner occupancy. This structure creates an ideal scenario for investors seeking upside through rental adjustments or redevelopment, as well as for an owner-user who wants to offset occupancy costs with supplemental rental income. Zoned C-3, the property allows for a wide range of commercial uses, making it well-suited for: Creative studios and artist suites Wellness and personal service providers Professional offices Boutique retail or gallery space Mixed-use redevelopment (subject to city approvals) The existing layout lends itself to private suites, making it especially attractive for artists, designers, therapists, beauty professionals, and other service-based businesses seeking affordable, flexible space in a growing district. With strong fundamentals—prime zoning, opportunity zone tax advantages, transit adjacency, and redevelopment momentum—this asset presents a compelling blend of current income and long-term upside. Ideal for investors, developers, or owner-users seeking cash flow with future growth potential.

Property Subtype:

Freestanding

Date on Market:

2026-02-20

Scottsdale Retail for Sale - Scottsdale South

Old Town Scottsdale Off ice/Retail Building For Sale

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-02-18