Retail Property For Sale - Outparcel to Super Regional Mall Hi Traffic

12621 N. Paradise Village Pkwy, Phoenix, AZ, 85032

 

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Outparcel to Super Regional Mall Hi Traffic

12621 N. Paradise Village Pkwy, Phoenix, AZ 85032

Outparcel to Super Regional Mall Hi Traffic
  • $2,230,000
  • 22,324 SF
  • $99.89
  • Retail
  • Service/Gas Station
  • Strip Center
    Specialty Center
    Neighborhood Center
  • Net Lease Investment with 10+ years left on lease
  • 7%
  • 100%
  • Single
  • 76,448 SF
  • Find Out More...
Last Verified  10/22/2009 Listing ID  16399887

Highlights

  • Outparcel to Highly Successful Super Regional Paradise Valley Mall
  • Co Anchored by Costco (2009 Opening), Macy' s, Sears, JC Penney, and Dillards
  • Over 6,700,000 Shopper Visits Annually with Shop Sales nearly $370PSF
  • Located at Entrance to Brand New Costco and fronting Target Shopping Center
  • Access to High Traffic with nearly 90,000 Cars per Day
  • Mature, Dense, Affluent Trade Area with over 1,000,000 consumers with over $90,000 Average Household Income

Description

Arizona Car Wash is situated on 76,448 square feet of land to the west of the Super Regional Paradise Valley Mall. Paradise Valley Mall is part of Urban Villages, a master-planned retail development comprised of seven centers totaling over three million square feet of quality construction with major anchor tenants such as Target, REI, TJ Maxx, Best Buy, CVS, Wal-Mart, and Sports Authority.

The retail community is intersected by Tatum Boulevard and Cactus Road, two major corridors through northern Phoenix boasting average daily traffic counts of nearly 90,000 cars per day at the intersection. Less than a mile west is the 51-Freeway, the main arterial connecting commuters to downtown Phoenix and Sky Harbor International Airport with average daily traffic counts of 123,000 cars per day at the Cactus Road exit. The super regional Paradise Valley Mall covers over 1.2 million square feet of retail space and is anchored by Costco, Dillards, Sears, JC Penney, and Macy' s. The mall is encompassed by a variety of retail shops, dining establishments, service businesses, and banking locations to serve the more than 1 million people within the 10-mile trade area with an average annual house hold income of over $90,700.

Financial Summary

  • Actual
  • 2009
  • $156,000

Map of 12621 N. Paradise Village Pkwy, Phoenix, AZ 85032 (Maricopa County)

Contact Listing Broker to find out more details.

Presented by

Faris Lee Investments

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Contact Listing Broker
Donald MacLellan (949) 221-1800 Ext: 221
Chris Tramontano (949) 221-1801
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Created 9/18/2009

Additional Information for 12621 N Paradise Village Parkway W, Phoenix, AZ 85032

  • Active For Sale - 1 Listing
  • Active For Lease - 0 Listing
  • Previously Listed - 3 Historic Listings
  • Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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