1241 E. Chandler Boulevard
Phoenix, AZ 85048 ·
20,173 SF · Retail For Sale
Foothills Park Plaza
|Gross Leasable Area||20,173 SF||Occupancy||83%|
|Property Sub-type||Neighborhood Center||Year Built||1996|
|Property Use Type||Investment||Lot Size||97,662 SF|
|Listing ID: 16740461||Date Created: 06/28/2010||Last Updated: 08/07/2010|
Foothills Park Plaza is a very well located 20,173 SF multi tenant shopping center. Situated in the heart of one of Phoenix's most desirable master planned communities (Ahwatukee Foothills/Club West), the property benefits from the high income/high net worth households in the area. Foothills Park Plaza has nine long term and diversified tenants that serve the trade area. The property is fortunate to have a wonderful tenant mix that seems to really generate a very good cross promotional environment for one another. Property is attractively priced - 9.75% cap on exisitng income plus only $75/SF for the vacant 3,420 SF end cap suite. (this $75/SF is well below replacement cost and provides some upside potential for the investor).
Located in the heart of the Ahwatukee Foothills/Club West master planned community, the property is on the corner of Desert Foothills Boulevard and Chandler Boulevard which is the most signifigant and main intersection serving the trade area. Chandler Boulevard runs east west all the way from the western edge of Ahwatukee Foothills/Club West all the way east to the I-10 freeway. It is the main route for residents getting form the area in to the balance of the Metro Phoenix area. Desert Foothills runs north/south serving the community and is planned to be oneof the freeway exits for the planned South Mountain Freeway.
- located in the very desirable Ahwatukee Foothills/Club West Master Planned Community.
- Located at the main and most important intersection in the trade area.
- Great mix of tenants that provide diversity and a great cross promotional mix.
- Attractive building with good exposure to the street.
16428 North 32nd Street
Phoenix, AZ 85032
For Sale · $1,550,000
15,676 SF GLA
3415 W. Northern Ave
Phoenix, AZ 85051
For Sale · $1,195,000
19,672 SF Building
Free Standing Bldg
2031 W. Camelback Rd.
Phoenix, AZ 85015
For Sale · $975,000
16,503 SF Building
Free Standing Bldg
321 W Hatcher Rd
Phoenix, AZ 85021
For Sale · $830,000
15,744 SF Building
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.