Share This Listing

Message

954 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Shoppes at Cotton Center 3 Retail Properties Offered at $9,850,000 in Phoenix, AZ

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • POSITIONED WITHIN ONE OF PHOENIX’S MOST ESTABLISHED EMPLOYMENT HUBS. COTTON CENTER, A MASTER-PLANNED CORPORATE DISTRICT WITH MORE THAN 130 BUSINESSES.
  • MINUTES FROM PHOENIX SKY HARBOR INTERNATIONAL AIRPORT, ONE OF THE BUSIEST AIRPORTS IN THE NATION
  • BALANCED TENANT MIX SERVING BOTH CORPORATE CAMPUSES AND NEARBY RESIDENTIAL NEIGHBORHOODS.
  • DENSE DAYTIME POPULATION: DRIVES CONSISTENT WEEKDAY TRAFFIC AND SUPPORTS SERVICE-ORIENTED TENANTS.
  • HIGH-VISIBILITY FRONTAGE ALONG 48TH STREET WITH STRONG DAILY TRAFFIC COUNTS.
  • LOCATED IN AN INFILL SUBMARKET WITH ONGOING CORPORATE EXPANSION AND REDEVELOPMENT.

Executive Summary

CBRE National Retail Partners Group, as exclusive advisors, are pleased to present the opportunity to acquire The Shoppes at Cotton Center (the “Property”), a well-located retail strip center totaling ±16,489 square feet just south of highly trafficked intersection of 48th Street and Broadway Road in Phoenix, Arizona.
Shoppes at Cotton Center occupies a strategic position within the Cotton Center, one of Phoenix’s most established and rapidly evolving employment corridors. The Property sits on 2.35 acres and benefits from immediate proximity to Phoenix Sky Harbor International Airport, Interstate 10, and State Route 143, providing exceptional regional connectivity. The surrounding area is home to a deep and diverse corporate employment base, including major users such as Amazon, Bank of America, DB Schenker, CVS Health, and the Arizona Department of Economic Security. Continued corporate expansion and infill development in the South Phoenix and Airport submarkets further enhance the Property’s long-term value.
The center features a strong mix of national and regional tenants, offering a balanced blend of daily-needs retail, services, and dining options that cater to the dense daytime population. Its location within a high-demand employment hub ensures consistent traffic, strong visibility, and durable tenant performance.
Several tenants have completed recent cosmetic upgrades to their spaces - including Jimmy John’s interior refresh and all new exterior signage, as well as Pita Bistro’s new patio garage door that enhances the outdoor dining experience. These improvements not only elevate curb appeal but also signal strong tenant commitment and continued investment in the property.
Cotton Center itself is a major economic engine for the region, supporting thousands of jobs across more than 130 businesses within its master-planned corporate environment. The area is favorably positioned adjacent to Phoenix Sky Harbor International Airport, one of the busiest airports in the United States, that sees more than 143,000 travelers on average daily. The district continues to attract investment from logistics, technology, finance, and healthcare users, reinforcing its position as one of Phoenix’s most productive employment nodes.

Data Room Click Here to Access

Property Facts

Price $9,850,000
Price / SF $551.73 / SF
Cap Rate 6.50%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 17,853 SF
Total Land Area 2.35 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
48th & Broadway - Bldg 1
4730 S 48th St, Phoenix, AZ 85040
Retail 6,764 SF 2008 -
48th & Broadway Bldg 3
4750 S 48th St, Phoenix, AZ 85040
Retail 6,278 SF 2008 -
48th St & Broadway Bldg 2
4740 S 48th St, Phoenix, AZ 85040
Retail 4,811 SF 2008 -
Show More > < Show Less
  • Listing ID: 39254434

  • Date on Market: 1/29/2026

  • Last Updated:

  • Address: Shoppes at Cotton Center, Phoenix, AZ

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}