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    32Nd St Phoenix, AZ 85032

    Sponsored
    For Lease
    Contact for pricing

    Phoenix Strip Mall, 9 Suites Available

    Lot size:
    217,072 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Greenway Park Plaza, a prime retail strip center in Phoenix, Arizona, presents a compelling investment opportunity. Located at the northeast corner of Greenway Road and 32nd Street, this property boasts excellent visibility and accessibility, situated conveniently off the SR-51 freeway. The center comprises a total of 217,072 square feet of retail space, currently offering nine available suites ranging in size from 1 square foot to 3,946 square feet, providing flexibility for a variety of tenants. This multi-tenant property is situated in Maricopa County, Arizona, with a zip code of 85032. The strategic location ensures high traffic volume and exposure to a substantial consumer base. The property's size and layout offer significant potential for growth and income generation. This is an exceptional opportunity to acquire a well-positioned retail center in a thriving Phoenix market. The property's address is easily accessible and benefits from strong regional demographics. The available spaces provide a diverse range of options for prospective tenants, making it an attractive investment for both individual and portfolio investors. The property's size and location make it an ideal investment for long-term growth and stability.

    Property Features for 0 32Nd St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    217,072 SF

    Unit(s) available at that property

    Space
    1233-1235
    Size
    2,700 SF
    Space
    1301
    Size
    3,946 SF
    Space
    1625
    Size
    1,327 SF
    Space
    1611
    Size
    1,382 SF
    Space
    1603
    Size
    2,000 SF
    Space
    1303
    Size
    1,463 SF
    Space
    PROPOSED PAD
    Size
    1 SF
    Space
    1619
    Size
    2,057 SF
    Space
    1632
    Size
    1,034 SF

    HighLights

    • Excellent freeway visibility, just west of SR‑51.
    • High traffic count: over 78,000 vehicles daily at the intersection.
    • Attractive lease rates and flexible terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0133494
    Latitude
    33.6264034

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    FAQs

    What type of property is this?
    Neighborhood center - Phoenix Strip Mall, 9 Suites Available
    Where is this neighborhood center located?
    The property is located at 32Nd St Phoenix, AZ.
    What are key features of this property?
    This property features: Excellent freeway visibility, just west of SR-51.; High traffic count: over 78,000 vehicles daily at the intersection.; Attractive lease rates and flexible terms.
    Request Owner's contact information
    32Nd St Phoenix, AZ 85032
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    Phoenix, AZ 85032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    32Nd St Phoenix, AZ 85032
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