BUILDING SIZE: 20879
LOT SIZE: 2.84 acres
YEAR BUILT: 1986
🔸 Property Type: Shopping Center
🔸 Location: Phoenix, Arizona
🔸 Units: 10 Retail Spaces
🔸 Acquisition Method: 1031 Exchange
🌟 Key Features:
✨ Location, Location, Location: Situated in the bustling city of Phoenix, this shopping center enjoys a prime location with high visibility and foot traffic, making it an ideal spot for retail businesses.
✨ Diverse Tenant Mix: With 10 units, this shopping center offers a diverse range of rental opportunities. Whether you were seeking to attract national brands or local businesses, this property catered to a wide spectrum of tenants.
✨ 1031 Exchange Benefits: This property was acquired through a 1031 exchange, allowing for the deferral of capital gains taxes and the reinvestment of proceeds—an astute investment strategy.
✨ Strong Investment Potential: The Phoenix real estate market continued to show impressive growth, making it an attractive destination for investors. With the right marketing and management, this shopping center held significant upside potential.
✨ Ample Parking: This shopping center boasted ample parking spaces for both customers and tenants, ensuring convenience and accessibility for all.
✨ Proximity to Amenities: Close to restaurants, schools, and other essential amenities, this shopping center was perfectly positioned to cater to the needs of the local community.
📈 Investment Opportunity:
The recent acquisition of this shopping center was an opportunity that should not have been missed. With its strategic location in Phoenix, diverse tenant mix, and potential for significant returns, it was the perfect addition to your real estate investment portfolio.
For more information and to discuss this exciting investment opportunity further, please don't hesitate to contact us. Our team of commercial real estate experts with marketing expertise is ready to assist you in realizing your investment goals.
Don't wait! Secure your future with this prime shopping center in Phoenix, Arizona today. Invest in your success! 💼🌆