Arizona Retail

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The Metroplex

The Metroplex Shopping Center is newly painted 25,062 square foot developed multi-tenant retail center located in the heart of Phoenix's Peoria road retail corridor. The Metroplex is located less that a mile away from the Metrocenter Shopping Mall. Thus additionally benefiting from increased vehicle traffic. The Mall was built in the 60s. and has been an attraction since then. Guests can expect to see many changes unfold at Metrocenter as Westcor prepares to redevelop the property. The 1.4 million-square-foot+ center boasts an array of stores and eateries including four department stores Dillards, Robinsons-May, Sears, and JCPenney, a 12-screen Harkins Theatre, one sit-down restaurant, a terrific food court, and more than 190 specialty retailers. The Metroplex benefits from coming and going traffic form the Metro Center mall, which can be accessed traveling east on Cheryl Drive. Building Size: 25,062 SF Lot Size: 2.80 Acres Price: $3,725,000 Year Built: 1984

The Shops in Glendale

The property is situated on a hard corner with one of the busiest streets in Glendale. The average daily traffic count near this intersection totals 26,900 vehicles while along the other street numbers 35,500 vehicles. Surrounded by dense residential neighborhoods, this retail corridor includes many national and regional tenants like Walgreens, Boston Market, Home Depot, Osco Drug, Sav-On, Applebee' s, Subway, and many others. Because the site is surrounded by one of the most densely populated Phoenix suburbs with consistent growth, the potential for The Shops abounds. Asking Price: $4,820,000 Bldg. Size: 10,465 SQ FT Year Built: 2006

Thunderbird Plaza

Brand new shopping center in great, very busy, El Mirage location. Sale includes convenience market with high sales volume and inventory. Also included in sale is 2000 SQ FT. Clothing store leased at $3000/MONTH, ice cream store leased at $1800. Convenience market lease would be $2500. Vacant space next to convenience market is 1000 SQ FT can be used for expansion or for lease for $1800/MONTH. Asking Price: $1,650,000 GLA: 5,100 SQ. FT. Year Built: 2006 Occupancy: 80%