22400 Queen Creek Rd Queen Creek, AZ 85142
- Lifestyle centers
- 12,427 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 22400 Queen Creek Rd
- Property size
- 12,427 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This 12,427 square foot shopping center in Maricopa County offers two available retail spaces, perfect for businesses seeking high-traffic locations. The minimum divisible space is 2,027 square feet, with a maximum contiguous space of 3,500 square feet. Currently, 5,527 square feet are vacant, presenting a unique opportunity for expansion or multiple tenants. The property is zoned C-2 Town of Queen Creek, ensuring flexibility for various retail uses. The center benefits from a strong demographic profile, boasting median household incomes exceeding $118,000 within a one-mile radius and $144,000 within a one-mile radius, according to available data. Significant residential growth is underway in the area, with numerous new housing communities under construction. Furthermore, the strategic location at the intersection of Signal Butte Road and Queen Creek Road offers excellent visibility and accessibility. Planned improvements to the intersection, initiated in the fourth quarter of 2019, and the future expansion of Signal Butte Road, connecting to SR-24 via a full-diamond interchange, promise increased traffic flow and enhanced accessibility. The area also features a Fry's Marketplace, scheduled to open in 2024, further enhancing the retail environment and attracting customers. This property presents a compelling investment opportunity in a rapidly growing and affluent community.
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
- Queen Creek
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.599
- Latitude
- 33.2631
