2040 N 75th Ave
Phoenix, AZ 85035
Desert Sky Esplanade · Property For Lease

Anchor space in line of 24,039 SF. This successful power center in West Phoenix is located on the north-west corner of 75th Avenue & McDowell Road and is anchored by Ross, WSS, Big Lots, Dollar Tree and is shadow anchored by Wal-Mart Supercenter and Lowe's. This center is a 1/4 mile north of the I-10 Freeway and has high Hispanic demographics. 1.77 acres of land is for sale or lease with frontage on McDowell Road. 1/4 Mile North of I-10 Freeway High Hispanic Demographics billion annually in Arizona by 2024. Hispanic consumers will be spending about $52 Hispanic consumer spending currently sits around $23.5 billion annually. Hispanic households bring in about $57,000 per year, and spending most of that money on medical services, cars, food and clothing. Hispanics account for 17% of the state’s total spending power, trailing only New Mexico, Texas and California. The growth of purchasing power of Hispanics in Arizona is outpacing the rest of the nation. Projected jump in spending is due to Hispanic women, who are quickly becoming a force to be reckoned with in the state’s economy. Arizona has seen a 70% increase in Hispanic-owned businesses since 2008. The demographic owned about 90,000 businesses in 2015. More than half were owned by women.