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Property summary
Arrowhead Palms, a 96,400 square foot retail strip center in Peoria, Arizona, presents a prime investment opportunity. Built in 1999, this multi-tenant property sits on a spacious 13.26-acre lot and is zoned C2. Currently, there are two available spaces, ranging from 1,890 to 4,037 square feet, totaling 22,115 square feet of vacant space. The center enjoys a highly desirable location, just one mile east of the Loop 101 freeway and directly across from the bustling Arrowhead Towne Center, ensuring high visibility and significant foot traffic. Excellent demographics and strong traffic counts make this an ideal location for a variety of retail businesses. The property boasts prominent building and monument signage opportunities, enhancing brand visibility. This well-maintained center offers a unique chance to establish or expand a business in a thriving commercial area within Maricopa County. The substantial lot size provides ample room for future expansion or development. The existing infrastructure and strategic location make this a compelling investment prospect for discerning buyers seeking a high-traffic, well-positioned retail property.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
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Hardware & Home Improvement
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Alternative Medicine Practice
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Specialty Food Shop (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Intermediate Commercial District (C-2). The C-2 District is intended to provide a shopping center for the sale of convenience goods and personal services. In order to prevent the establishment of undesirable "strip" comm…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Peoria, AZIntermediate Commercial District (C-2). The C-2 District is intended to provide a shopping center for the sale of convenience goods and personal services. In order to prevent the establishment of undesirable "strip" comm…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Intermediate Commercial District (C-2). The C-2 District is intended to provide a shopping center for the sale of convenience goods and personal services. In order to prevent the establishment of undesirable "strip" comm…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Peoria, AZ.
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