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Property profile

0 83Rd Ave Peoria, AZ 85382

OFF-MARKET
Lifestyle centers
View Sample
177,078 SF

Property summary

AI-generated overview

This exceptional retail investment opportunity presents a prime Peoria, Arizona shopping center spanning 177,078 square feet. Strategically situated at the intersection of West Bell Road and N. 83rd Avenue, this multi-tenant property boasts a high-traffic location, benefiting from its proximity to major landmarks. The center is directly across from the prominent Arrowhead Towne Center Mall, adjacent to the expansive Peoria Sports Complex, the Enclave at Arrowhead residential community, and the La Quinta Inn & Suites hotel. This ensures consistent foot traffic and high visibility for tenants. The property currently features two suites, with 4,853 square feet of vacant space available, offering flexible leasing options ranging from a minimum of 1,773 square feet to a maximum contiguous space of 3,080 square feet. Ample parking is provided with 776 spaces to accommodate customers and employees. Located in Maricopa County, Arizona, with a zip code of 85382, this property presents a compelling investment opportunity in a thriving retail market. The property's strategic location and proximity to significant attractions make it an ideal choice for businesses seeking high visibility and strong customer traffic. The available space offers a unique chance to establish or expand a retail presence in a dynamic and rapidly growing area. This well-anchored shopping center provides a stable and promising investment prospect.

Property profile

Verified
Property type Lifestyle centers
Total area 177,078 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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