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Phoenix, AZ Insightsas of Oct 2026
Population size
1.7 M People
Population growth
1.2%
Age distribution
0-14: 20%
15-24: 13%
25-44: 30%
45-64: 23%
65+: 14% percent
15-24: 13%
25-44: 30%
45-64: 23%
65+: 14% percent
Household size
2.6 People
Household composition
Family households: 62%
Non-family: 38% percent
Non-family: 38% percent
Education level
Bachelor's degree or higher: 36% percent
Median household income
81,332 USD/year
Employment rate
68.2 %
Job growth
1.5 %
Dominant industries
Healthcare, finance, technology, tourism, manufacturing industries
Cost of living index
105 index
Retail sales per capita
23,058 USD/year
Disposable income
42,000 USD/year
Spending behavior by category - apparel, dining, electronics
Apparel: 15%, Dining: 25%, Electronics: 10% percent
Existing retail mix
Mix of big-box stores, regional malls, strip centers, and specialty retail mix
Number of competitors
150 retailers
Market saturation
75 percent
Presence of anchor tenants
Yes, multiple national anchors like Macy's, Target presence
Foot traffic from nearby businesses
High level
Rent costs
35 USD/sqm/month
Property values
4,500 USD/sqm
Zoning laws
Mixed-use commercial zoning available laws
Business permits
Moderate ease
Availability of retail space
Moderate availability
Proximity to major roads
High access
Public transportation access
Good access
Parking availability
Adequate availability
Pedestrian traffic
Moderate level
Vehicle traffic
High volume
Public transport accessibility
Good access
Commute times
25 minutes
Work patterns
Hybrid and traditional office patterns
Shopping preferences
Value-oriented with premium options preferences
Brand affinity
Moderate loyalty to national brands affinity
Consumer loyalty
Medium level
Entertainment and leisure trends
Outdoor activities, dining, sports events trends
Crime statistics
Moderate property crime level
Shoplifting rates
Average rate
Public safety measures
Standard police presence and security measures
Tourist spending
High in winter seasonal
Tourist footfall
5,000,000 visitors/year
Major local events
Super Bowl, MLB spring training, festivals events
Seasonal attractions
Desert tourism, golf, hiking attractions
E-commerce penetration
35 %
Click-and-collect adoption
High adoption
Local preference for in-store shopping
65 %
Total retail space
15,000,000 sqm
Retail space per capita
9 SQM
Projected growth in retail space
2 %
Retail leakage rate
20 %
Sustainable retail demand
Strong demand
Major upcoming retail projects
Several mixed-use developments projects
Grocery market share distribution - Top 3 retailers & market share
Walmart: 35%, Kroger: 25%, Albertsons: 20% percent
Consumer spending patterns
Value and convenience focused patterns
Grocery expenditure trends
Stable with slight growth trends
Luxury retail performance
Growing performance
Top mall shopping preferences
Fashion, dining, entertainment preferences
Shopping trips to other cities - % of residents
10 percent
Key drivers for mall visits
Anchor stores, dining, events drivers
Preferred brand categories - Luxury fashion, Value fashion, etc.
Value fashion: 40%, Mid-tier: 35%, Luxury: 10% percent
Number of existing malls
12 malls
Total retail footfall - annual visits across malls
80,000,000 sqm
Retail market gaps
Limited in experiential retail gaps
Trade area population
4,500,000 people
Retail potential in catchment area
High potential
Projected retail growth rate
2.5 %
Preferred mall layouts
Mixed enclosed and lifestyle centers layouts
Public transport access
Good access
Walkability score
45 score
Road infrastructure & car access
Excellent access
Parking capacity in comparable malls
5,000 spaces
Surrounding land use & future developments
Mixed residential, commercial, planned growth use
Retail Destinations in Phoenix, AZ
Browse 4 retail destinations in Phoenix, AZ, United States. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Phoenix, AZ at a Glance
- Total Properties4
- CountryUnited States
