Listing Agency: A.T. Pancrazi Real Estate Services Show Phone

Listed By: Thomas Pancrazi · License #BR009183000 Show Phone

Source: Moodyscre

Added: Apr 5, 2021 Changed: Sep 9 Last Checked: Sep 11 at 12:20PM

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Investment Insights

Based on property information with market context.

Las Palmillas Shopping Center offers retail development opportunities within a shopping center setting adjacent to Yuma Palms, a ±1,150,000 square foot regional shopping center. The property includes five shop spaces available for lease and 6 pads available for sale, including Lot 9.

This listing is for Lot 9 with a building area maximum of ±3,325 square feet. The parcel is identified as APN 665-14-104, and the lot size is provided as ±16,036 square feet.

The center’s location is described as convenient between two major I-8 interchanges, supporting high interstate and arterial visibility for retail uses within the shopping center environment.

Key Highlights

• Pad site at Las Palmillas Shopping Center, adjacent to Yuma Palms (±1,150,000 SF regional shopping center).
• Five shop spaces currently available for lease and 6 pads available for sale at Las Palmillas Shopping Center.
• Lot 9 pad: 16,036 SF listed price $675,000.

Property Analytics

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Current Use

Dollar Tree Grocery & Convenience Store

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Butcher Bakery Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

470

Businesses Nearby

537k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Apparel 30% Shops & Services 20% Superstores 18% Home Improvements & Furnishings 14%

Target Superstores

98,208 visits/mo 0.2 miles

Kohl's Apparel

47,192 visits/mo 0.2 miles

The Home Depot Home Improvements & Furnishings

47,130 visits/mo 0.2 miles

Harkins Theatres Yuma Palms Leisure

42,888 visits/mo 0.3 miles

JCPenney Apparel

42,690 visits/mo 0.4 miles

Demographics for 85365, AZ

50,166

Population

26,353

Households

1.9

Avg Household Size

38

Median Age

21%

College-Educated

87%

High-School Grad

1,349.0 sq mi

ZIP Area

37

Density / Sq Mi

$68,358

Median Household Income

$40,107

Median Earnings

$1,259

Median Rent

$189,900

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Pad site at Las Palmillas Shopping Center with nearby access to a 1.15 million-square-foot regional shopping anchor.

Where is this shopping center located?

The property is located at 1130 S Castle Dome Ave Yuma, AZ.

What are key features of this property?

This property features: Pad site at Las Palmillas Shopping Center, adjacent to Yuma Palms (±1,150,000 SF regional shopping center).; Five shop spaces currently available for lease and 6 pads available for sale at Las Palmillas Shopping Center.; Lot 9 pad: 16,036 SF listed price $675,000.