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Mc Dowell North Crossing is a neighborhood shopping center situated at the northeast corner of East McDowell Road and North Central Avenue in Phoenix, Arizona.
Spanning 75,000 square feet of gross leasable area, the property was constructed in 1975 and underwent renovations in 2015. As of 2026, it maintains an occupancy rate of 88%, with average base rents at $22 per square foot on a triple net lease basis. The tenant mix comprises essential retailers including a 40,000 SF grocery anchor (similar to Fry"s Marketplace), a pharmacy, quick-service dining options such as Subway and Starbucks, and service-oriented businesses like a fitness center and auto repair shop.
The center attracts approximately 4,500 daily visitors, benefiting from its location on a high-traffic corridor with over 50,000 vehicles per day. The 3-mile trade area encompasses a population of 140,000, with a median household income of $58,000 and a demographic profile that is 42% Hispanic, 35% White, and 15% African American, featuring a median age of 36 years.
Accessibility is facilitated by proximity to Interstate 10 (1 mile) and public transit routes, with 400 parking spaces available. In the context of Phoenix"s retail market, the center holds a stable position in a densely populated urban neighborhood, offering reliable foot traffic for convenience-oriented tenants.
Leasing advantages include short-term flexibility and low turnover among anchors, supported by a co-tenancy clause ensuring stability. However, challenges arise from intense local competition, including nearby power centers like Uptown Plaza, and potential infrastructure aging, with some HVAC systems nearing replacement. Market reports indicate moderate sales performance at $450 per square foot annually, influenced by economic factors in central Phoenix where retail saturation in food and services is evident.
Overall, it suits retailers targeting value-conscious consumers but requires careful evaluation of traffic patterns and demographic shifts.
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Hours of Operation
Hours
| Monday | 10:00 AM — 09:00 PM |
| Tuesday | 10:00 AM — 09:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 11:00 AM — 06:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Footfall
The trade area within 3 miles includes 140,000 residents with a median household income of $58,000 and median age of 36. The population is diverse, with 42% Hispanic and strong family-oriented households. Daily footfall averages 4,500 visitors, primarily locals seeking convenience shopping, supported by high residential density. However, lower income levels limit luxury retail viability, and seasonal tourism has minimal impact compared to tourist-heavy areas like Scottsdale.
Tenant Mix and Occupancy
The 25-unit tenant mix emphasizes necessities, anchored by grocery and pharmacy drawing 70% of traffic. Occupancy stands at 88%, with operational quality rated average due to recent common area upgrades. Leasing terms offer spaces from 800 to 5,000 SF at $22 PSF NNN, with escalation clauses of 3% annually. Strengths include stable anchors reducing vacancy risk, but weaknesses involve higher turnover in inline spaces amid e-commerce pressures.
Competition and Risks
Positioned in a competitive central Phoenix market, it faces rivalry from larger venues like Biltmore Fashion Park (2 miles away) and online alternatives eroding non-essential sales. Access via McDowell Rd is convenient but prone to congestion during peak hours. Risks include market saturation in grocery categories and vulnerability to economic slowdowns affecting the working-class demographic, with potential rent concessions needed. Infrastructure from the 1970s may require $500,000 in capex soon.
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Phoenix, AZ
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City Snapshot
Phoenix, AZ
Comprehensive market intelligence for retail expansion in this city