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
- Brand New Construction Retail Shops Building
- →Scheduled Rent Increases in All Leases
- 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
- All Corporate or Personally Guaranteed Leases
- Prominent Location Along W Happy Valley Road (32,019 ADT), a Major East-West Arterial in North Phoenix
- At its Intersection with N 67th Avenue (29,909 ADT)
- Adjacent National Tenants include Life Time, Starbucks, Sonic, QuikTrip, Super Star Car Wash, Dunkin’, Pizza Hut, AutoZone, & More
- 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
- Neighboring Shopping Centers Anchored by Fry’s, Walmart Neighborhood Market, & Safeway
- Booming North Phoenix Experiencing Major Residential & Commercial Growth
- Proximity to Aloravita, a New 1,262-Acre Master-Planned Community
- 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
- 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

