Opportunity to acquire Mirage Oasis, a ±25,849 square foot retail center, located on the southeast corner of Greenway Road and Dysart Road in El Mirage, Arizona. Pricing is $4.75 million.
Download and return the confidentiality agreement below to request the investment offering.
This center serves a young working community with a variety of amenities, such as a takeout pizza restaurant, donut shop, Carniceria, nail salon, and dentist. The shopping center is also in the process of adding an urgent care center, general practitioner, chiropractor and other essential neighborhood services.
In addition to a 79.6 percent occupied retail center, the offering can include two vacant retail pads, a value-add component to create significant future upside. This is a rare, value-add opportunity that offers investors the combination of an upside through leasing the remaining space and significant additional opportunity through future development, ground lease or sale of the two pads.
This offering includes a diverse tenant mix that caters to the young and active El Mirage community. This center is shadow-anchored by Walgreens and is home to a neighborhood church, nail salon, dentist and a variety of various restaurants, catering to essential neighborhood services.
Conveniently located between Loop 303 at Greenway Road to the west and Grand Avenue to the east, the businesses within the center benefit from the center’s excellent visibility, convenient location, safe and easy access, as well as from being surrounded by dense residential communities.
The attractive, upscale-designed buildings were constructed in 2009, and include generous walkways, easy vehicular access and parking
Monument sign on Greenway and Dysart Roads that prominently displays the project name, building addresses and tenancy
Site is easily accessed via two entrances along Greenway Road, one being a dedicated median turn lane allowing both left and right turn access into and from the project and two entrances along Dysart Road
There will be an additional access point located along the south property boundary, connecting the planned multifamily neighborhood and adjacent school
Adjacent to land that will become a future residential multifamily community that will rely upon Greenway Road for much of its neighborhood access
Surrounding residential communities offer strong demographics to this prime retail location
Well-designed site plan has convenient access, easy site circulation, and offers generous customer parking, all of which further ensures continued tenant succes.
Center is attractively landscaped with a combination of low water, frost-tolerant plants and grass greenbelt areas allowing for water retention fronting Greenway Road
Pole and wall-mounted lighting illuminate the parking areas and the canopies and rear building areas are lit with a variety of upgraded light fixtures.
Assessor’s Parcel Numbers: 501-33-981, 501-33-982B, 501-33-983
