HIGHLIGHTS
- 12,241 SF, fully-leased, multi-tenant retail center
- Attractive In-Place Returns: The offering is priced at $10,670,000 with a current cap rate of 5.25% and a Net Operating Income of $560,074
- Competitive Price Per Square Foot: The property offers investors an efficient and attractively priced asset at approximately $859 per square foot
- Prime Location in a High-Growth Entertainment Corridor: Located adjacent to State Farm Stadium, Westgate Entertainment District & Desert Diamond Arena
- Brand New Construction: Offering investors the significant benefits of reduced near-term capital expenditure
- 100% Occupancy w/Diverse Tenant Mix: Fully leased with a complementary mix of established regional & national tenants
FOR SALE DETAILS
PRICE
$10,670,000 USD
PRICE/SF
$859 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Shops B | 91st & Cardinals Way | Glendale, AZ
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.19 AC
LAND SF
95,396 SF
ZONING
-
APN/PARCEL ID
102-12-919
ASK ABOUT THIS PROPERTY
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602-400-5084
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602-400-5084
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