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18434 N 99th Avenue - Union Hills Center, Sun City, AZ
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18434 N 99th Avenue - Union Hills Center
99th Ave & Union Hills
Sun City, AZ 85373-1672 - Sun City Ret Submarket
.92 AC (40,075 SF)
Total Space Avail:
37 Surface spaces are available; 1 Covered spaces are available; Ratio of 3.73/1,000 SF
Union Hills Center is located in the newer Phase III of Sun City on 99th Ave. leading to Lake Pleasant. There is continued new residential growth to the north and east of the subject property. It is located near Arrowhead mall and other power centers by Union Hills Road in Sun City.
Union Hills retail center located in Sun City, AZ (sub-market of Phoenix, AZ) is a high quality and historically well occupied, multi-tenant shopping center. The ±10,137 square foot retail investment is presently 91% occupied by five successful tenants. Since its original construction in1987 the center has experienced very low vacancy during its life. Union Hills Center’s placement on the busy, hard-corner intersection of 99th Avenue and Union Hills Drive has proven to be a successful location serving the residents of Sun City. The C-2 zoned property is located on ±0.92 acres, and was strategically placed to front daily traffic along both busy roadways. Clean architectural lines and immaculately kept landscaping offers the perfect background for showcasing each tenant’s signage. Attention is also drawn to a well-placed monument sign.
The tenants located at Sun City’s Union Hills Center are stable and currently at market rents, an average rent per square foot is under $14.00 per square foot, NNN.
A ±917 square foot suite equates to the single vacancy currently located within the property, because of the minimal size, there is a chance to quickly increase the centers Net Operating Income. The vacancy is in vanilla shell condition and will not require many T.I expenses.
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