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Off Market
1/5

4002-4024 N 67th Ave
Phoenix, AZ 85033


HIGHLIGHTS

  • Great Cash Flowing Center with Upside
  • Current NOI Over $500k at 87% Occupancy
  • Well Below Market Rents
  • Terrific Long-Term Tenants with Average Tenancy of 12 Years
  • Annual Rent Increases | Two Large Monument Signs with Ample Amount of Parking
  • High Traffic Intersection with Nearly 75,000 Vehicles Per Day

OVERVIEW

Westside Plaza is a 74,562 square foot retail center located at a signalized high volume intersection in Phoenix, Arizona. The property offers a tremendous value-add opportunity with well below market rents, additional development possibility, future rent increases, and a price point well-below replacement cost. With approximately 75,000 vehicles per day at the intersection and nearly 5,000 businesses and 125,357 Daytime Employees with 5 miles of the site, the property has attracted a nice mix of regional and national tenants such as Peter Piper Pizza, MetroPCS, and The Menta Group, who operates 16 schools throughout Arizona and Illinois. • Great Cash Flowing Center with Upside • Current NOI Over $500k at 87% Occupancy • Well Below Market Rents • Terrific Long-Term Tenants with Average Tenancy of 12 Years • Annual Rent Increases • Two Large Monument Signs with Ample Amount of Parking • High Traffic Intersection with Nearly 75,000 Vehicles Per Day

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Westside Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

74562

STORIES

1

YEAR BUILT

1975

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

102-21-418A