4509-4555 E Cactus Rd - Retail FOR SALE
Phoenix, AZ 85032 |
4509-4555 E Cactus Rd
Phoenix, AZ 85032
HIGHLIGHTS
- Target Anchored Shopping Center; Original tenant from 1988, written as a ground lease with very low rent
- Strong Target Sales Numbers that have increased 50% from 2017 to 2022
- Density, Traffic, and Location have kept tenants coming to the shopping center, which is often 100% occupied
- Paradise Valley lies to the South, Scottsdale to the East, and provides a Close Proximity to Tatum Blvd & I-51 Freeway
- Across from PV is the re-imagines Paradise Valley Mall which will include Whole Foods, Harkins CineGrill, and hundreds of new apartment units
- A stoplight-controlled busy intersection that serves locals and commuters, upwards of 66,000 VPD.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
The Village Center
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
181166
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
811
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
167-32-001U
