0 Nec Ray Rd & Rnch Cir, Phoenix, AZ 85044
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.
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
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.