Arcadia Village Shopping Center

Arcadia Village Shopping Center

3939 E Camelback Rd, Phoenix, AZ 85018, USA

Arcadia Village

Cushman & Wakefield’s Retail Investment Advisors, as exclusive advisor, is pleased to present the tremendous opportunity to acquire Arcadia Village Shopping Center (the “Property”), a thriving CVS Pharmacy anchored shopping center prominently located on Camelback Road in the prestigious Arcadia neighborhood of Phoenix, Arizona. Residing at the southwest corner of 40th Street and Camelback Road, Arcadia Village Shopping Center consists of 37,006 square feet of retail space that is 100% leased to a complementary collection of internet-resistant, daily-needs tenants led by CVS Pharmacy as the anchor, who opened this store in 2015.

CVS Pharmacy operates over 9,800 locations nationwide and the location at Arcadia Village is on a long-term lease that extends through January 2030.  In addition to the anchor, this ideal tenant mix includes several dining options such as Giant Rustic Pizza, Sushiholic, and CruJiente Tacos. Other notable tenants include Orangetheory Fitness, Modern Acupuncture, Sundrops Nail Spot and Urgent Care.

The Property’s synergistic tenancy generates a high volume of consumer traffic and income, which are strengthened through Arcadia Village Shopping Center’s superior access and visibility to
approximately 56,000 vehicles passing the property daily. Further enhancing this ideal neighborhood retail setting, the Property offers direct proximity to a desirable demographic in the surrounding Arcadia residential community, as well as the prestigious Biltmore district– home to world-class resorts, shopping, dining and employment.

Property Summary

Site Area2.36 acres
Year Built1957
GLA (SF)37,006 SF
AnchorCVS / pharmacy
Occupancy100%

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