11846 N 28th Dr - Freestanding FOR SALE


Phoenix, AZ 85029- North Mountain
$5,307,575 USD
602-332-5507
11846 N 28th Dr, Phoenix, AZ for Sale
$5,307,575 USD
Freestanding - FOR SALE
1/7
null | 6.31% Cap Rate

11846 N 28th Dr
Phoenix, AZ 85029
North Mountain


HIGHLIGHTS

  • STABILIZED MULTI-TENANT ASSET
  • DIVERSIFIED INCOME STREAM
  • FUNCTIONAL LAYOUT AND ACCESS
  • ESTABLISHED NORTH PHOENIX LOCATION

OVERVIEW

We are pleased to present for sale Metro Square Shopping Center. Metro Square Shopping Center is a multi-tenant neighborhood retail investment located at 11846 N. 28th Drive in Phoenix, Arizona. The property consists of approximately 23,588 square feet across three buildings within the established North Phoenix submarket. The center is positioned along a well-traveled corridor, offering strong visibility and convenient access for surrounding residential communities. The property serves a dense trade area and benefits from consistent local consumer traffic. Metro Square presents an opportunity to acquire a stabilized retail asset with in-place income and future upside through lease rollover and tenant repositioning within a mature Phoenix retail corridor.

FOR SALE DETAILS

PRICE

$5,307,575 USD

PRICE/SF

$225 USD /SF

CAP RATE

6.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Metro Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

C-C

APN/PARCEL ID

149-20-174,149-20-176

ASK ABOUT THIS PROPERTY

Tom WolfWest USA Realty - CommercialMore Info
602-332-5507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tom WolfWest USA Realty - CommercialMore Info
602-332-5507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.