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1875 W Happy Valley Road, Phoenix, AZ

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1875 W Happy Valley Road

Phoenix, AZ 85085 - Deer Valley Ret Submarket

Property Type:Retail Sub Type:Bank Status:Existing Year Built:2005
Building Size:5,973 SF Land Area:2.15 AC (93,715 SF)
For Sale Price:$2,537,000 Price/SF:$424.74
Cap Rate:5.00 %
Parking:Free Surface spaces are available; Free Covered spaces; Ratio of 1.74/1,000 SF
Features:Drive Thru

Sale Notes:
Located on a hard corner less than two miles north of Deer Valley Airport near Interstate 17, the property features excellent visibility and accessibility. The building is 5,793 square feet with a 28-space parking lot and three drive-thrus.

The branch benefits from its location in a retail driven neighborhood. Three major shopping centers: The Shops at Norterra, Walmart Super Center, and Happy Valley Towne Center are within close proximity to this location. National big-box retailers in these shopping centers include: Walmart, Sport Chalet, Staples, Lowe's, Ross, TJ Maxx, Dick's, Bed Bath & Beyond, BevMo!, Old Navy and Pier 1 imports. These retail hubs generate significant consumer traffic.

The neighborhood boasts more than 136,000 residents within a 5-mile radius from the branch. This same population has an average household income of over $75,000.

Equity Investment Advisors
Rich Lydon
(310) 584-4540

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