Freestanding For Sale • 18,721 SF
Developable Pad Opportunity: Best Buy Shops features a developable outparcel opportunity on the north side of the parcel, valued at $1,200,000. |
Strong Shadow Anchors: Subject Property is shadow anchored by Best Buy on the east side of the center, and Lowe’s Home Improvement is on the west side |
Value-Add Potential: Best Buy Shops offers significant value-add potential through the ability to lease ±3,900 SF of vacant space (20.83% of GLA), whi |
Jamba Juice Drive-Thru: Jamba Juice recently extended their lease for another 10 years, proving long-term commitment to the site and they were also ju |
Strong Traffic Counts: Best Buy Shops is subject to very high traffic counts with over ±51,000 VPD crossing Thunderbird Road and over ±214,900 VPD cro |
Excellent Demographics: There is a population of 411,302 residents earning an average household income of $81,077 within a 5-mile radius of the site. |
Cap Rate: | 6.19 % |
Airport | Drive | Walk | Distance |
---|---|---|---|
Phoenix Sky Harbor International | 21 min | - | 18.3 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 176 |
Type: | Surface |
Included in Rent: | Yes |