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    Nwc Lk Pleasant Pkwy & Happy Vly Rd Peoria, AZ 85383

    For Lease
    Contact for pricing

    Prime Peoria location, 19,180 SF available

    Lot size:
    24,841 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail power center, situated at the Northwest corner of Lake Pleasant Parkway and Happy Valley Road in Peoria, Arizona (zip code 85383), offers a significant investment opportunity. The property boasts a total of 24,841 square feet, divided into five suites. Currently, a substantial 19,180 square feet of retail space is available for lease, offering flexibility for various business needs. Individual spaces range from a minimum of 1,004 square feet to a maximum contiguous space of 12,000 square feet, catering to a wide array of potential tenants. The property's strategic location benefits from its proximity to the new Loop 303, providing convenient access to Interstate 17 and excellent regional connectivity. Furthermore, this power center is ideally positioned within a thriving area, surrounded by seventeen master-planned communities with over 62,000 planned units. These communities include notable developments such as Vistancia (17,600 units), White Peak Ranch (8,000 units), Westwing Mountain (1,887 units), and Saddleback Heights (6,195 units), ensuring a robust and growing customer base. This presents a unique chance to establish a presence in a rapidly expanding market within Maricopa County. The property is categorized as a retail power center with multiple tenancy options.

    Property Features for 0 Nwc Lk Pleasant Pkwy & Happy Vly Rd

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,841 SF

    Unit(s) available at that property

    Space
    Available space 3
    Size
    2,526 SF
    Space
    Available Space 1
    Size
    12,000 SF
    Space
    Available Space
    Size
    1,004 SF
    Space
    Available Space 1
    Size
    2,517 SF
    Space
    Available Space 2
    Size
    1,133 SF

    HighLights

    • 24,841 SF retail power center in Peoria, AZ (85383), with 19,180 SF available for lease.
    • Located at the NW corner of Lake Pleasant Parkway and Happy Valley Road, offering excellent access to Loop 303 and I‑17.
    • Strong demographics: over 161,000 people within a 5‑mile radius, average incomes exceeding $166,000 within 3 miles.
    • Surrounded by 17 master‑planned communities with over 62,000 planned units, including Vistancia, White Peak Ranch, Westwing Mountain, and Saddleback Heights.
    • Significant new construction activity in the area, with over 16,500 permits issued YTD in Peoria and thousands of new lots within 5 miles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Power centers

    Map

    City
    Peoria
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.2722295
    Latitude
    33.7108745

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    FAQs

    What type of property is this?
    Power center - Prime Peoria location, 19,180 SF available
    Where is this power center located?
    The property is located at Nwc Lk Pleasant Pkwy & Happy Vly Rd Peoria, AZ.
    What are key features of this property?
    This property features: 24,841 SF retail power center in Peoria, AZ (85383), with 19,180 SF available for lease.; Located at the NW corner of Lake Pleasant Parkway and Happy Valley Road, offering excellent access to Loop 303 and I-17.; Strong demographics: over 161,000 people within a 5-mile radius, average incomes exceeding $166,000 within 3 miles.
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    Nwc Lk Pleasant Pkwy & Happy Vly Rd Peoria, AZ 85383
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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
    Nwc Lk Pleasant Pkwy & Happy Vly Rd Peoria, AZ 85383
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