2031 N Arizona Ave - Storefront FOR SALE
Chandler, AZ 85225 |
2031 N Arizona Ave
Chandler, AZ 85225
HIGHLIGHTS
- Anchored by PGA Superstore, one of the largest retailers in the golf industry with more than 45 locations in 17 states
- Significantly below replacement cost at $77 per square foot
- Tremendous value creation through lease-up of the remaining vacancies
- Newly signed 9.5-year lease with The French American School
- PGA Superstore has been a long-term tenant for 13 years and exercised the last two renewal options, most recently in May 2020
- Strong investment in capital improvements with a new roof on 95% of the property (in 2018 and 2020)
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Chandler Uptown Square
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
90118
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
259
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
302-29-010N
