Shops at Serafina Retail FOR SALE


Goodyear, AZ - Canyon Trails
$13,400,000 USD
602-703-3133
, Goodyear, AZ for Sale
$13,400,000 USD
Retail - FOR SALE
1/4
null | 6% Cap Rate

Shops at Serafina
Goodyear, AZ
Canyon Trails


HIGHLIGHTS

  • 100% Occupancy with Daily-Needs, Service-Oriented Tenancy: Property is fully leased across 40,824 SF with a diversified mix of tenants.
  • Attractive In-Place Yield at a Clean 6.00% Cap: Offered at $13.4M on $799,612 of in-place NOI or 6.00% cap rate.
  • Built-In Demand from Immediate Residential Density: The asset is horizontally integrated with 268 adjacent multifamily units.
  • Long-Term Market Tailwinds in One of the Fastest-Growing U.S. Cities: Goodyear sits in Metro Phoenix—one of the strongest population and employment.
  • Modern Construction with Scaled, Institutional-Quality Layout: Built in 2009, the property avoids most major deferred-maintenance

OVERVIEW

Kidder Mathews is pleased to offer qualified investors the opportunity to acquire the 100% fee-interest in the Shops at Serafina. This offering represents a unique opportunity to acquire a quality constructed asset with a tenant roster comprised of desirable service-based tenants. The Shops at Serafina consists of a three (3) building, 33,600 SF multitenant retail, and second-floor, six (6) unit, 7,224 SF multi-family, a total of +/-40,824 development located on +/-4.26 acres. This property is located just north of spring training facilities for Indians and Reds, across the street from Goodyear Recreation Center and Basis Goodyear, one of the highest-ranking charter schools in the nation, and high-density multi-family and single family residential. The property is a horizontally integrated retail and residential development, with both retail and adjacent to 268 residential units developed by Fairfield Residential. There are also six lofts above the retail storefronts. Located in Metro Phoenix, the country’s #2 workforce market, Goodyear is one of the fastest growing cities in the United States. The location, transportation assets, abundant land, high-capacity power and fiber, and lower cost environment combine to create strategic opportunities for business.

ASK ABOUT THIS PROPERTY

Jenette Bennett, CCIMKidder MathewsMore Info
602-703-3133

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Jenette Bennett, CCIMKidder MathewsMore Info
602-703-3133

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