Shea Blvd Phoenix, AZ 85028
- Retail properties
- 4,700 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Shea Blvd
- Property size
- 4,700 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.981
- Latitude
- 33.5825
