Nec Ray Rd & 48 St Phoenix, AZ 85044
- Neighborhood centers
- 313,104 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 0 Nec Ray Rd & 48 St
- Year built
- 1990
- Property size
- 313,104 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
This exceptional retail opportunity is located in the thriving Ahwatukee neighborhood of Phoenix, Arizona, at the highly visible intersection of Ray Road and 48th Street. Foothills Park Place is a five-building, 313,104 square foot strip center built in 1990, situated on a spacious 10.02-acre lot. Currently, there is one vacant retail space of 1,200 square feet available, perfect for a variety of businesses. The property boasts a modern paint scheme and multiple fascia signs facing Ray Road and 48th Street, ensuring high visibility and brand recognition. Its strategic location just off Interstate 10 and Ray Road guarantees significant traffic counts. The center benefits from being part of a busy neighborhood shopping center within one of Metro Phoenix's strongest submarkets, offering access to an affluent customer base. This property presents a unique chance to establish a presence in a high-traffic, well-established retail center in a desirable area. The total building square footage is 313,104 square feet, with 2,400 square feet currently vacant. The property is located in Maricopa County, Arizona, with a zip code of 85044. This is an excellent investment opportunity in a prime location.
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
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.98
- Latitude
- 33.3199
