8841 19th Ave, Phoenix, AZ 85021-4295

This 101,269 square foot, 98.7% occupied shopping center in Phoenix, Arizona, presents a compelling investment opportunity. Located at 8841 N 19th Ave, 85021, this multi-tenant property boasts a diverse lineup of 15 established businesses, including a prominent El Rancho IGA Market, dd's Discounts, Shoe Palace, and UnitedHealthcare. The center benefits from a synergistic tenant mix catering to the needs of the densely populated surrounding area, with over 164,293 people within a 3-mile radius. Built in 1962 and renovated numerous times, the property features 319 parking spaces and is zoned PSC (Planned Shopping Center). The property enjoys a high traffic count of 85,000 vehicles per day and is conveniently located near a major light rail station. Recent long-term leases with dd's Discounts, Shoe Palace, and ArchWell Health (UnitedHealthcare guaranty) further enhance the investment's stability and value-add potential. The asking price is $18,440,000, translating to $182.09 per square foot. This Net Leased (NNN) investment offers a stabilized income stream with significant upside potential in a prime Phoenix location. The property's APN is 158-37-091G and 158-37-091F.