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