Waddell, AZ
Commercial Real Estate Market Trends & Data

$525 per SF Avg asking sale price
$29 per SF Avg asking lease rate
225,925 SF Avg unit lease size
240,384 SF Avg building size for sale
5.25% Average cap rate

Waddell's Demographic Profile

Waddell has 4,893 households and a median income of $100,225, providing context for rent absorption and tenant demand across retail and multifamily assets. A +12% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 16,222
# Households 4,893
Median age 38
Median household income $100,225
Avg household size 3.0
Renter-occupied housing units 400
5-year population change +12%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
El Mirage $458 58,147 SF 7.50%
Sun City West $302 17,195 SF 7.50%
Glendale $354 21,168 SF 8.26%
Surprise $361 31,374 SF 7.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Waddell $463 3,970 SF
Litchfield Park $433 5,380 SF
El Mirage $344 15,527 SF
Sun City West $253 41,145 SF
Glendale $609 21,682 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Glendale $266 20,208 SF 4.81%
Avondale $26 72,333 SF 5.56%
Peoria $284 8,667 SF 3.79%
Phoenix $301 25,863 SF 8.58%
Goodyear $26 72,333 SF 5.56%

Commercial Properties For Sale in Waddell

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Camelback

Goodyear, AZ 85395

  • 8.34 AC Lot
  • 1 Industrial Lot
  • $2,509,254
For Sale

Take 5 Oil Change

Surprise, AZ 85388

  • 3,240 SF Retail Building
  • 5.25% Cap Rate
  • $1,619,000
For Sale

8750 N Dysart Rd

El Mirage, AZ 85335

  • 10 AC Lot
  • 1 Industrial Lot
  • $6,000,000
For Sale

13333 W Olive Ave

El Mirage, AZ 85335

  • 23.51 AC Lot
  • 1 Commercial Lot
  • $20,481,920
For Sale

C2 Zoned Property Along Northern Ave

Litchfield Park, AZ 85340

  • 4,700 SF Retail Building
  • $1,999,000
For Sale

Sarival Avenue and Peoria Avenue

Glendale, AZ 85379

  • 39 AC Lot
  • 1 Industrial Lot
  • $17,000,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Waddell pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Waddell $525 240,384 SF
Litchfield Park $466 81,087 SF
El Mirage $306 124,897 SF
Sun City West $350 41,145 SF
Glendale $410 39,135 SF

Regional Demographic Comparison

This comparison places Waddell alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Waddell or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Waddell 16,222 4,893 38 $100,225 3 400 12%
Litchfield Park 7,625 2,824 45 $108,806 3 372 9%
El Mirage 34,874 9,938 31 $69,610 3 3,263 6%
Sun City West 31,134 18,414 76 $63,464 2 2,087 9%
Glendale 257,237 89,166 35 $64,916 3 40,273 7%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Waddell, AZ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Waddell

View All Commercial Real Estate For Sale in Waddell
Is Waddell a good market for a first-time commercial real estate investor?

Waddell offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Waddell?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Waddell. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Waddell?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Waddell. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Waddell compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Waddell. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Waddell acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Waddell, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends