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“Small-Format” IKEA Opening in Phoenix

Summary by Connect CRE
A small-format IKEA is getting ready to open at the Village Square II shopping center at 4643 E. Cactus Road. The smaller store will still be 75,000 square feet. It’s taking over the spot formerly occupied by Hobby Lobby. The new look is a departure from their uniquely massive showrooms. IKEA stores typically average around 300,000 square feet (roughly five football fields) for traditional “big box” locations, with sizes ranging from 200,000 to …
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Connect CRE broke the news in on Tuesday, March 10, 2026.
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