***The full purchase price is $25,200,000. Land Pad 1 and Land Pad 2 are included within offering.
Mountain Ranch Marketplace is a premier Safeway shadow anchored neighborhood center located at the highly visible northwest corner of Estrella Parkway and Elliot Road in the booming Phoenix suburb of Goodyear, Arizona. Strategically positioned within the heart of the Estrella master-planned community—one of the largest in the state—this center serves as the primary commercial hub for thousands of residents. The property is 94.6% leased to a diverse tenant mix including Safeway (NAP), Starbucks, Subway, Autozone (Ground Lease), Walgreens (NAP), McDonald’s (NAP), and Papa Johns, to name a few. Mountain Ranch Marketplace is the sole shopping center for the Estrella Mountain Ranch Masterplan Community.
A defining feature of Mountain Ranch Marketplace is its role as the sole grocer-anchored center within the Estrella community, offering zero direct competition. The Safeway (NAP), generates over $48 million in annual sales and ranks 12th in the state, underscoring the immense demand and spending power in the area. This exclusivity positions Mountain Ranch Marketplace as a critical retail destination, ensuring consistent foot traffic and long-term tenant success.
The center benefits from robust demographics, with a population exceeding 50,000 residents within a 5-mile radius, characterized by high household incomes, strong home ownership rates, and a family-oriented lifestyle. The Estrella community continues to expand, attracting affluent buyers and contributing to a steady increase in local spending. This growth trajectory makes Mountain Ranch Marketplace an ideal location for retailers seeking to tap into a thriving and loyal customer base.
Mountain Ranch Marketplace boasts a strong tenant lineup anchored by national brands that include Starbucks, Walgreens, Subway, and Papa John’s, among others. These tenants provide a diverse mix of daily needs, dining, and service-oriented offerings that cater to the community’s lifestyle. The presence of well-established national retailers enhances the center’s credibility and draws consistent consumer traffic, reinforcing its role as a retail cornerstone in the region.