Equestrian Centre 12020 S Warner Elliot Loop 27,479 SF 100% Leased Retail Building Phoenix, AZ 85044 For Sale

INVESTMENT HIGHLIGHTS

  • Significant upside potential for an investor to increase lease rates
  • Most leases have 3% annual increases
  • Located in the heart of the Ahwatukee Foothills

EXECUTIVE SUMMARY

The property is 100% leased and offers an investor the opportunity to acquire a stable asset with significant upside. The property has a variety of tenants that range from medical (veterinarian and holistic healthcare), salons, food uses, dancing & acting studios, as well as traditional retail uses catering to the residents of the Ahwatukee Foothills. All leases are NNN.
OWNER DISCLOSURE: Bruce Ash and Michael Ash are shareholders in Paul Ash Commercial Real Estate and have an ownership stake in the subject property. They are licensed to sell or lease real estate in the State of Arizona.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
27,479 SF
Building Class
B
Year Built
1987
NOI
$400,639
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.76 AC
Zoning
C-1 - Neighborhood retail, city of Phoenix.
Parking
110 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
148’ on Warner-Elliot Loop

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Akerson's Holistic Healthcare Center
  • Services
  • -
  • -
  • -
  • -
  • E-migos Bike Shop
  • -
  • -
  • -
  • -
  • -
  • E-MIGOS E-Bike Retailer
  • -
  • -
  • -
  • Triple Net
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

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  • Arts, Entertainment, and Recreation
  • -
  • -
  • Triple Net
  • -

Phoenix Dance Cooperative is a structured, 501(c)(3) non-profit organization founded by parents. We are very different from the other dance studios in Phoenix.

  • Reacting Studio
  • -
  • -
  • -
  • -
  • Jun 2028
  • Tree of Life Exotic Pet Medical Center
  • Retailer
  • -
  • -
  • -
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TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Akerson's Holistic Healthcare Center Services - - - -
E-migos Bike Shop - - - - -
E-MIGOS E-Bike Retailer - - - Triple Net -
Finance and Insurance - - - -
Arts, Entertainment, and Recreation - - Triple Net -
Reacting Studio - - - - Jun 2028
Tree of Life Exotic Pet Medical Center Retailer - - - -

NEARBY MAJOR RETAILERS

Goldfish Swim School
Starbucks
Macayo's Mexican Kitchen
Safeway
BMO
Anytime Fitness
Stretch Zone
Bashas
Chase Bank

PROPERTY TAXES

  • Listing ID: 35256246

  • Date on Market: 3/25/2025

  • Last Updated:

  • Address: 12020 S Warner Elliot Loop, Phoenix, AZ 85044