Description
Strategically located at the north-east corner of Highway 90 and Charleston Rd., Plaza Vista Mall consists of an approx. 227,110 sq. ft. shopping center anchored by Wal-Mart, Marshall' s, Ross Dress for Less, Sutherlands (NAP). The center, which is 100% leased, boasts a tenant list that consists almost entirely of credit tenants such Dollar Tree, Cato, Payless ShoeSource, Sally Beauty, Checks into Cash, Wells Fargo, Gambro Healthcare, Radio Shack, Subway, and Burger King (NAP) . This intersection is also home to a brand new Lowes and within close proximity to Target Department Stores, Fry' s Grocery, and Staples. As a result of Wal-Mart' s success here they have acquired the land across the street to build a larger structure along with a Sam' s Club. This opportunity provides an astute investor with the opportunity to add value by re-tenanting the future Wal-Mart vacancy at a higher rental rate.
Sierra Vista is the major population center for southeastern Arizona. Located approximately 70 miles southeast of Tucson, Sierra Vista serves as the main commercial, cultural, and recreational hub of the area. Easily accessible off of Interstate 10, the city is home to Fort Huachuca, a U.S. Army Intelligence Center and School. Rapidly diversifying, Sierra Vista's economy is closely related to Fort Huachuca, with more than 11,700 military and civilian employees and 11,200 military family members resulting in an annual impact of over $350 million wages, contracts, and procurements. Recently, a more aggressive approach by the Sierra Vista public and private sectors is creating a more positive attitude and a more dynamic approach toward the attraction of new industry.