Plaza 32 Retail FOR SALE


Phoenix, AZ - Paradise Valley North
$42,200,000 USD
602-400-5084
, Phoenix, AZ for Sale
$42,200,000 USD
Retail - FOR SALE
1/8
null | 6.49% Cap Rate


HIGHLIGHTS

  • Prime infill location with strong demographics and traffic counts
  • Within a high-demand, successful LA Fitness-anchored center
  • Stronger anchor presence with reversion to LA Fitness
  • Significant recent capital improvements

OVERVIEW

Plaza 32 is a ±173,304 square foot community shopping center prominently located at the southeast corner of 32nd Street and Bell Road in North Phoenix. The center is currently 84.0% leased, with 16.0% vacancy, and has experienced leasing momentum with 13,351 square feet of new leases signed in the past 12 months. Anchored by LA Fitness (formerly Esporta Fitness), one of the most recognized health club brands in the nation, Plaza 32 benefits from a strong internet-resistant and service-oriented tenant mix.

ASK ABOUT THIS PROPERTY

John JacksonDiversified Partners, LLCMore Info
602-400-5084

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John JacksonDiversified Partners, LLCMore Info
602-400-5084

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