0 Nec Ray Rd & Rnch Cir, Phoenix, AZ 85044
This exceptional Phoenix retail opportunity presents a unique investment prospect. The Mountain Park Pavilions, a former school building repurposed as a shopping center, offers a substantial 26,012 square feet of total building space. Currently, there is a significant 8,600 square feet of vacant space available, ideal for a variety of retail uses. Located at the northeast corner of Ray Road and Ranch Circle North in the 85044 zip code of Maricopa County, Arizona, this property benefits from high visibility and convenient access. The multiple tenancy structure allows for flexibility and diverse tenant options. The building's history as a school provides unique architectural features and ample space for creative retail layouts. This is a prime chance to acquire a large, well-located retail property with significant upside potential. The property's size and layout offer opportunities for expansion or subdivision, catering to a range of business needs. The substantial vacant space presents a blank canvas for a new tenant to establish a strong presence in a thriving Phoenix neighborhood. This is a rare opportunity to acquire a substantial retail space in a desirable location. Serious inquiries are encouraged.
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.