6750 Peoria Ave Peoria, AZ 85345
- Strip malls
- 17,600 SF
- 10.66 lot acres
Current Use by Public Records
- Metro by T-Mobile / Electronic Parts Supplier / Electronics Store
- Robert B Yacko DDS PC / Dentist
- Pizza Hut / Pizza Delivery / Chicken Wings Restaurant
- 67th Ave and Peoria - Goodwill - Retail Store, Donation Center and Career Center / Thrift Store / Donations Center
- Boost Mobile / Cell Phone Store
Property Details for 6750 Peoria Ave
- Year built
- 1987
- Construction
- CONCRETE
- Lot size
- 10.66 lot acres
- Property size
- 17,600 SF
- Zone code
- C-2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 143-05-619
- APU
- 14305619
Description
Crossroads Plaza, located at 6750 W Peoria Ave in Peoria, Arizona (zip code 85345), offers exceptional retail space in a prime Maricopa County location. This multi-tenant property boasts a total of 112,838 square feet, with available spaces ranging from 1,200 to 3,528 square feet. Built in 1987, the center has recently undergone significant improvements. These upgrades include a complete overhaul of the parking lot, encompassing new lighting, enhanced security surveillance, and fresh sealcoating. The owner is actively investing in tenant improvements, allocating approximately $800,000 to enhance the spaces for new tenants such as Ta Carbon Iced Out, La Crab Shack, and Odyssey Martial Arts. Existing tenants, including Harbor Freight and Goodwill Thrift Store and Training Center, are also benefiting from these refurbishments. The property's strategic location and recent investments make it an attractive opportunity for businesses seeking high-visibility retail space in a thriving community. The minimum divisible space is 1,200 square feet, providing flexibility for various business needs. This is a fantastic opportunity to establish or expand your retail presence in a well-maintained and upgraded center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $14,515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $14,155,000
- 6.5%
- $14,625,000
- 7%
- $15,895,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $13,020,000
- Geo Method
- $16,265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $12,555,000
- Retail
- $16,245,000
- Mixed-Use
- $12,285,000
- Hospitality
- $14,335,000
- Educational
- $13,690,000
- Residential Income
- $13,460,000
- Energy
- $12,615,000
- Income-Based Land
- $16,100,000
- Food Service
- $16,575,000
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.204
- Latitude
- 33.5827
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
