Nec Ray Rd & Rnch Cir Phoenix, AZ 85044
- Lifestyle centers
- 35,697 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 0 Nec Ray Rd & Rnch Cir
- Property size
- 35,697 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Mountain Park Pavilions, located at the northeast corner of Ray Road and Ranch Circle North in Phoenix, Arizona (zip code 85044), presents a compelling retail investment opportunity. This established shopping center encompasses a total of 35,697 square feet and features eight individual suites, offering flexible space options for prospective tenants. Currently, there is 22,412 square feet of vacant space available, providing significant potential for immediate occupancy and income generation. The minimum leasable space is 900 square feet, while the maximum contiguous space available is 8,600 square feet, catering to a diverse range of business needs and sizes. The property's strategic location in Maricopa County ensures high visibility and accessibility for customers. This is an exceptional chance to acquire a well-situated retail center in a thriving Phoenix market, with the potential for substantial returns on investment. The property is classified as a multi-tenant shopping center. Interested parties are encouraged to explore this opportunity further.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.992
- Latitude
- 33.32