0 Wswc I-17 & Peoria Ave Phoenix, AZ 85029
Metro Towne Center, located at the highly visible intersection of I-17 and Peoria Avenue in Phoenix, Arizona, presents a prime retail investment opportunity. This 140,614 square foot retail center, built in 2003, sits on a substantial 14.16-acre lot (APN 149-16-390B, Maricopa County). Currently, there are 7,579 square feet of vacant retail space available, divisible into units as small as 2,000 square feet, with a maximum contiguous space of 3,557 square feet. The property's strategic location offers exceptional visibility and accessibility, making it an ideal location for a variety of retail businesses. The center's multiple tenancy structure provides a diverse tenant mix and a strong foundation for future growth. This property offers a unique chance to establish a presence in a thriving Phoenix commercial corridor. The ample lot size provides potential for future expansion or redevelopment. The property's 2003 construction date suggests a relatively modern building with potential for updated amenities. Interested parties should conduct their own due diligence to verify all information and assess the suitability of the property for their specific needs. The property is situated in the 85029 zip code of Phoenix, Arizona.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.