5020 W Watkins St — Sale in Phoenix, AZ
- Price: $4.9M
- Listing type: For sale
- Asset type: Retail Business
- Location: Phoenix, AZ 85043
Photos
Description
±17,800 SF Single-Tenant/Freestanding Building For Sale on ±1.76 Acres with Fenced/Secured Yard
Market Context
This retail in Phoenix, AZ is listed for sale at $4,895,000. Compare it against other retail listings for sale in Phoenix, AZ — view the full market.
As of Q1 2026, the Phoenix retail market showed a 4.8% vacancy rate, and average asking rents near $19.00/SF/yr. Source: multiple brokerage reports, Q1 2026.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the Phoenix retail market tightening or softening?
- Vacancy is around 4.8% (Q1 2026).
First seen on CREHunt: Sep 23, 2026
Contact
- James Cohn · 602 735 5582 · James.Cohn@cbre.com
- Hayden Hallett · 480 528 0767 · hayden.hallett@cbre.com
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