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Property profile

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

OFF-MARKET
Power centers
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24,841 SF

Property summary

AI-generated overview

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 profile

Verified
Property type Power centers
Total area 24,841 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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