0 Shea Blvd, Phoenix, AZ 85028
The Paradise Valley Plaza presents a compelling mixed-use investment opportunity in Phoenix, Arizona. Located on E Shea Blvd in Maricopa County, zip code 85028, this property offers a flexible acquisition strategy. Buyers can choose to purchase the entire portfolio, the front half, the back half, or individual units. The property encompasses a total area ranging from 4,700 to 60,000 square feet, with a corresponding lot size within the same range. Currently, the property features national credit tenants on the frontage, providing a stable income stream. Adding to its potential, two vacant land parcels offer significant value-add opportunities. Further enhancing the investment prospects are tenants already lined up for a build-to-suit project and an additional ground lease agreement. This presents a prime NNN investment opportunity with substantial redevelopment potential. The asking price for this exceptional property is $10,737,710. The property is classified as Office and Specialty, and Retail, making it suitable for a diverse range of uses and investment strategies. This is a rare chance to acquire a well-positioned mixed-use asset in a thriving Phoenix location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.