Laveen Commons Shopping Center - 3540 West Baseline Road, Phoenix, AZ, 85042
For Sale
For Sale
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Year Built
2008
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Total Building Size
102,070 RSF
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Overview
Exclusively offer for sale Laveen Commons Shopping Center (“Laveen Commons”), a ±102,070 SF community center in Laveen, Arizona, an “Urban Village” within the Phoenix Metropolitan Statistical Area (MSA). The property provides an investor the opportunity to acquire a ±98% occupied retail center below replacement costs, boasting an excellent lineup of anchor-tenants which comprise ±70% of the GLA. The anchor tenants include Big Lots, 99 Cents Only, Big 5 Sporting Goods and Pet Club. In addition to the three inline buildings, the offering includes the successful Federico’s Mexican Restaurant pad.
Property Details
Exclusively offer for sale Laveen Commons Shopping Center (“Laveen Commons”), a ±102,070 SF community center in Laveen, Arizona, an “Urban Village” within the Phoenix Metropolitan Statistical Area (MSA). The property provides an investor the opportunity to acquire a ±98% occupied retail center below replacement costs, boasting an excellent lineup of anchor-tenants which comprise ±70% of the GLA. The anchor tenants include Big Lots, 99 Cents Only, Big 5 Sporting Goods and Pet Club. In addition to the three inline buildings, the offering includes the successful Federico’s Mexican Restaurant pad.
- Property TypeRetail
- Submarket
- Year Built2008
- Sale Price$15,940,000
- Total Building Size102,070RSF
- Total Acres12.32
- Cap Rate6.3%
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID384655