602-820-8725
5050 E Ray Rd, Phoenix, AZ for Sale
Department Store - FOR SALE
1/11
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5050 E Ray Rd
Phoenix, AZ 85044
Ahwatukee


HIGHLIGHTS

  • Located in the Ahwatukee submarket of Phoenix, AZ.
  • Over 12m annual visits to Foothills Park Place and Ahwatukee Foothills Towne Center power centers at the intersection.
  • In-Fill Location with High Barriers to Entry.
  • The subject property is located in an in-fill location of the Ahwatukee submarket of the Greater Phoenix Metropolitain area.
  • The JC Penney’s box is strategically located on the hard corner of the Interstate 10 and Ray Road with nearly 230,000 cars per day.
  • Average Household Incomes in a Three-Mile Radius are over $133,000.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

JCPenney

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

422

LAND DETAILS

LAND ACRES

8.66 AC

LAND SF

377,230 SF

ZONING

C-C

APN/PARCEL ID

301-59-471

ASK ABOUT THIS PROPERTY

Kalen RickardWestern Retail Advisors, LLCMore Info
602-820-8725

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Kalen RickardWestern Retail Advisors, LLCMore Info
602-820-8725

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