The subject property is a 7,120 SF freestanding commercial building and sits on ±0.49 Acres. The property is located near the intersection of Tatum Blvd & Cactus Rd in Phoenix, a bustling area featuring various shopping centers, dining options and commercial establishments. The property is across the street from Paradise Valley Mall, a prominent shopping destination undergoing a significant transformation into a mixed-use development known as “PV.” This $2B redevelopment aims to create a vibrant community hub featuring a blend of residential, retail, dining and recreational spaces. Mixed-Use Community: The reimagined PV is set to elevate the community with high-end dining, entertainment and retail amenities interwoven with upscale residential and office complexes. This development will also feature a centrally located park and community gathering space. Luxury Apartments: Construction of a 335-unit luxury apartment complex is set to begin, featuring a four-story building with rooftop amenities, including a pool, and three ground-floor courtyards, one of which will serve as a small dog park. Public Spaces: The development includes a three-acre open space with lush landscaping, large trees, a putting green, and an amphitheater, providing residents and visitors with recreational and community gathering areas. This development is transforming the vicinity of Tatum Boulevard and Cactus Road into a dynamic urban environment, enhancing the area’s appeal and providing a magnetic gathering place for both residents and visitors.