Shopping Centers in Peoria, Arizona offer a unique investment opportunity for those looking to capitalize on the city's growing population and economy. With a population of around 170,000, Peoria has experienced significant growth over the years, making it an attractive location for businesses and investors alike. Shopping Centers, in particular, represent a diverse range of investments, from retail and dining establishments to entertainment and service-based businesses. These centers often serve as community hubs, providing essential services and amenities to local residents. Peoria's strong infrastructure, including the Central Arizona Project canal and major transportation hubs like Loop 303 and Loop 101, make it an ideal location for Shopping Centers. Additionally, the city's recreational amenities, such as the Peoria Sports Complex and the Peoria Center for the Performing Arts, attract visitors and residents alike, creating a thriving commercial environment. With its strong economy and growing population, Peoria is an excellent place to invest in a Shopping Center.
Peoria's Shopping Centers offer a unique blend of local charm and commercial viability. With 8 listings available, investors have a wide range of options to choose from. In addition to Shopping Centers, Peoria also offers a range of other property types, including Restaurants, which can be found in popular areas like Old Town and the P83 entertainment district. Specialty Properties, such as the Peoria Sports Complex, offer unique investment opportunities. Land is also available for development, particularly along the Loop 303 corridor, which is being transformed into the "Desert Empire" industrial and commercial hub. Office Properties, like those found in the Lake Pleasant area, provide additional investment options. With its diverse economy and growing population, Peoria is an attractive location for investors looking to capitalize on the city's growth.
What is the average cap rate for shopping centers in Peoria?
The average cap rate for shopping centers in Peoria is 7.03%, making it an attractive option for investors seeking a stable return on investment in a growing city with a strong economy and infrastructure.
