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NEC Olive Ave & Citrus Rd 10,110 SF 100% Leased 4-Star Retail Building Waddell, AZ 85355 For Sale

Investment Highlights
- Prominent corner location at Olive Avenue and Citrus Road.
- Convenient access to Loop 303 and regional transportation routes.
- Positioned within an expanding West Valley residential trade area.
- Visibility from two major road frontages supports customer access.
Executive Summary
Located at the northeast corner of Olive Avenue and Citrus Road in Waddell, Arizona, this 10,110-square-foot retail pad site offers an opportunity to acquire a commercial development parcel within one of the fastest-expanding areas of the West Valley. The property benefits from frontage along two established arterial corridors, providing visibility and convenient access for future retail, restaurant, service-oriented, or neighborhood commercial uses subject to applicable approvals.
The surrounding trade area continues to experience significant residential growth driven by numerous master-planned communities and ongoing home construction. Major regional transportation connections, including the Loop 303 corridor, enhance accessibility throughout the greater Phoenix metropolitan area and support continued population expansion in the surrounding market. The area's growing residential base, nearby schools, and increasing commercial activity contribute to long-term demand for neighborhood-serving businesses.
The site's corner positioning allows for efficient development planning and visibility from multiple directions. As retail development continues to expand west of Loop 303, opportunities for well-located commercial pads remain limited. This offering presents the ability to establish a presence within an emerging retail corridor serving new households and expanding consumer demand. Whether considered for owner-user occupancy, future development, or investment purposes, the property offers a strategic location within a growing section of Maricopa County.
Sources
LoopNet Listing 39354463 (NEC Olive Ave & Citrus Rd, Waddell, AZ 85355)
CommercialSearch Property Information
The surrounding trade area continues to experience significant residential growth driven by numerous master-planned communities and ongoing home construction. Major regional transportation connections, including the Loop 303 corridor, enhance accessibility throughout the greater Phoenix metropolitan area and support continued population expansion in the surrounding market. The area's growing residential base, nearby schools, and increasing commercial activity contribute to long-term demand for neighborhood-serving businesses.
The site's corner positioning allows for efficient development planning and visibility from multiple directions. As retail development continues to expand west of Loop 303, opportunities for well-located commercial pads remain limited. This offering presents the ability to establish a presence within an emerging retail corridor serving new households and expanding consumer demand. Whether considered for owner-user occupancy, future development, or investment purposes, the property offers a strategic location within a growing section of Maricopa County.
Sources
LoopNet Listing 39354463 (NEC Olive Ave & Citrus Rd, Waddell, AZ 85355)
CommercialSearch Property Information
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
10,110 SF
Building Class
B
LoopNet Rating
4 Star
Construction Status
Proposed
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
6.02 AC
Zoning
C-1 - commercial zoning
Frontage
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 502-83-151B | Improvements Assessment | $0 |
| Land Assessment | $52,701 | Total Assessment | $52,701 |
Property Taxes
Parcel Number
502-83-151B
Land Assessment
$52,701
Improvements Assessment
$0
Total Assessment
$52,701
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NEC Olive Ave & Citrus Rd
