Potential Residential / Mixed-Use Community
142,750 SF | 100% Leased | Retail Building | Phoenix, AZ 85033 | $10,000,000 ($70/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $10,000,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 142,750 SF
- Price / Square Foot
- $70
Listing Contacts
Jeffrey Garza Walker
Verified Profile
Michael Gaida
Verified Profile
- Property Info
Property Overview
BRING ALL OFFERS | Major Transformation Opportunity | Major Price Drop of $4 Million | Best Use for Multifamily Redevelopment
The overall vision of this redevelopments that it will be a mix of retail, restaurant, outdoor spaces, housing, and employment and a destination that fosters collaboration, creativity and community. Along with lush landscaping and linked open spaces with walking paths, it will feature a pavilion for performances, events and community activities.
Existing amenities include the 221,321-square-foot Super Walmart, cinema, Dillard's, Desert Sage Public Library, restaurants and the nearby Talking Stick Resort Amphitheater. And, Desert Sky Transit Center exists adjacent to the site for this transit-oriented development.
Target location is within an established, dense portion of Phoenix, one of the fastest growing and most desirable metropolitan areas in the United States.
The overall vision of this redevelopments that it will be a mix of retail, restaurant, outdoor spaces, housing, and employment and a destination that fosters collaboration, creativity and community. Along with lush landscaping and linked open spaces with walking paths, it will feature a pavilion for performances, events and community activities.
Existing amenities include the 221,321-square-foot Super Walmart, cinema, Dillard's, Desert Sage Public Library, restaurants and the nearby Talking Stick Resort Amphitheater. And, Desert Sky Transit Center exists adjacent to the site for this transit-oriented development.
Target location is within an established, dense portion of Phoenix, one of the fastest growing and most desirable metropolitan areas in the United States.
Property Details
- Class
- B
- Year Built/Renovated
- 1980/2007
- Stories
- 2
- Property Subtype
- Storefront Retail/Residential, Other Health Care
- Lot Size (sq. ft)
- 442,134 SF
Highlights
- Unique Residential / Retail Redevelopment Opportunity in High Density Area
- Offers hard-to-find 10+ Acres Multifamily infill site in a growing area of the West Valley
- On site and surrounding amenities are robust and ideal for a walkable urban concept
- A major point of destination for the over 403,000 residents that live within 5-miles
- Easy access from freeway – just two blocks from I-10 freeway and four blocks from Loop 101 Hwy
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