Historical Retail Sale Listing - Alma Elliott Square

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Alma Elliott Square

Alma School Road & Elliot Road, Chandler, AZ 85248

N/A

57,846 SF | Retail

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Alma Elliott

Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
57,846 SF
Property Type:
Retail
Property Sub-type:
Neighborhood Center
Property Use Type:
Investment
Cap Rate:
8.76%
Occupancy:
93%
Tenancy:
Multiple
Year Built:
1994
Lot Size:
1 AC
Listing ID
13770406
Last Updated
over 1 year ago

Highlights

  • Established grocery anchored shopping center
  • Anchored by strong, national grocer, Fry's
  • Excellent retail location featuring both strong demographics and strong traffic counts
  • Outstanding tenant lineup featuring national tenants such as Starbucks, Checker Auto and Wells Fargo
  • Attractive cap rate on quality, anchored shopping center
  • Location in market that is anticipated to achieve growth in both population and market rents

Description

The Alma Elliott Square is a highly improved, well located, Fry's anchored shopping center in the desirable Phoenix suburb of Chandler (Fry's is not a part of the offering). The aesthetically pleasing center is home to such national retailers as Starbucks, Pizza Hut, Checker Auto, Party City and Great Clips, not to mention two of the country's largest financial institutions, Well Fargo and Washington Mutual.

Located at the intersection of Alma School Road and Elliot Road in Chandler, Arizona, the center benefits from being in the center of a great retail area. The intersection alone boasts over 450,000 square feet of retail and serves an area with one of the highest disposable incomes in all of Metro Phoenix. The 1 mile population is 20,047, the 3 mile population is 133,735. Additionally, there are 19,700 new residential lots within 3 miles. Traffic counts at this intersection are about 58,700 per day.

Map of Alma School Road & Elliot Road, Chandler, AZ 85248

Research for Alma School Road & Elliot Road, Chandler, AZ 85248 (Maricopa County)

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