731-751 E Union Hills Dr
Phoenix, AZ 85024
Covington Plaza · Retail Property For Sale

Cushman & Wakefield and RealINSIGHT Marketplace are pleased to present the opportunity to acquire Covington Plaza, (the Property ), a 105,574 square foot Bashas' grocery anchored shopping center located at the southeast corner of 7th Street and Union Hills Drive in Phoenix, Arizona, just over a mile from the full-diamond interchange at the Loop 101 and 7th Street. Developed in 1988 on approximately 9.33 acres, the Property encompasses 105,574 square feet of quality, grocery-anchored retail space set within an attractive shopping environment which is currently 87.4% occupied. Covington Plaza is leased to an appealing collection of restaurants and retailers, highlighted by its anchor Bashas' occupying 52.4% of gross leasable area. Bashas' has been operating at this location since 1993, recently renewed for 15 years and is in the process of completing an interior remodel, proving their commitment to this location. Located just over 1 mile to the South of the Loop 101 Freeway and 7th Street full diamond interchange, providing convenient access to Central Phoenix, Northwest Valley and Northeast Valley of Metro Phoenix. Covington Plaza is the only grocery anchored retail center at the intersection of 7th Street and Union Hills Drive.