Happy Valley Retail Strip

Peoria
AZ
Arizona
Phoenix

Call for Details

$

4,921,000

Call for Details
5.75
%
CAP Rate

Brand New 100% Leased Shops

with Scheduled Rent Increases

Synergistic Mix of Neighboring Tenants

Life Time, Starbucks, QuikTrip & More

~25 Miles North of Downtown Phoenix

Metro Population of ~5 Million

Property details
  1. Brand New Construction Retail Shops Building
    • →Scheduled Rent Increases in All Leases
  2. 100% Leased to Diverse, E-Commerce-Resistant Mix of Food and Services Users
    • All Tenants Reimburse for Property Management Fees Making this a Truly Passive Investment
  3. All Corporate or Personally Guaranteed Leases
  4. Prominent Location Along W Happy Valley Road (32,019 ADT), a Major East-West Arterial in North Phoenix
    1. At its Intersection with N 67th Avenue (29,909 ADT)
  5. Adjacent National Tenants include Life Time, Starbucks, Sonic, QuikTrip, Super Star Car Wash, Dunkin’, Pizza Hut, AutoZone, & More
  6. Surrounded by Major Daily Traffic Drivers
    • Christ’s Church of the Valley Campus & Sports Complex
    • Glendale Community College North Campus
    • Mountain Ridge High School, Terramar Academy of the Arts, & Happy Valley School
    • Multiple Golf Courses, Regional Sports Parks, and an Abundance of Outdoor Recreation
  7. Neighboring Shopping Centers Anchored by Fry’s, Walmart Neighborhood Market, & Safeway
  8. Booming North Phoenix Experiencing Major Residential & Commercial Growth
    • Proximity to Aloravita, a New 1,262-Acre Master-Planned Community
  9. Robust, Affluent Surrounding Demographics
    • 690,271 Residents within 10 Miles
    • Average Household Income of $194,947 within a 3-Mile Radius
    • High Percentage of Owner-Occupied Housing
    • 52% of Population (25+) within a 3-Mile Radius Hold a Bachelor’s Degree or Higher, Well Above the National Average
  10. Phoenix Metro Population of Approximately 5 Million
    • One of the Fastest Growing Economic Hubs in the U.S.
    • Massive Tech Investment in the Region with Growing Talent Pool, including Semiconductor, Electric Vehicles, & Data Centers

In Association with Scott Reid & ParaSell, Inc. | A Licensed Arizona Broker #CO709902000

Inquiries by residents and properties owners of the State are to be made to Scott Reid.

Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Vahe Nokhoudian
Partner
CA RE Lic #01963342
Scott Reid
Broker / ParaSell, Inc.
AZ RE Lic #BR707387000
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
5,858
SF
Lot Size
0.956
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Vahe Nokhoudian
Partner
CA RE Lic #01963342
Scott Reid
Broker / ParaSell, Inc.
AZ RE Lic #BR707387000