For Sale
For Sale
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Year Built
1966
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Overview
An Opportunity to Acquire a Stabilized Multi-Tenant Retail Asset in Sierra Vista, AZ. Strategically developed on the northwest corner of Fry Blvd and 5th St, the Shade Center is home to a balanced mix of tenants and 100% occupied. A strong demographic foundation in conjunction with well-known national and regional users in the immediate trade area make this center an attractive opportunity now, and looking into the future. Average household income in Sierra Vista exceed $55,000 and a medium age of 40. This retail center is a strong mixture of tenants providing an array of offerings. The building consists of +/- 10,032 SF of retail space with small portion including bay space. There is also a large monument sign with high visibility on Fry Blvd. Shade Plaza is uniquely positioned within a trade area with pent-up demand for retail space. Demand for space, along with below market rents, should contribute to dynamic income growth for the prospective investor.
Property Details
An Opportunity to Acquire a Stabilized Multi-Tenant Retail Asset in Sierra Vista, AZ. Strategically developed on the northwest corner of Fry Blvd and 5th St, the Shade Center is home to a balanced mix of tenants and 100% occupied. A strong demographic foundation in conjunction with well-known national and regional users in the immediate trade area make this center an attractive opportunity now, and looking into the future. Average household income in Sierra Vista exceed $55,000 and a medium age of 40. This retail center is a strong mixture of tenants providing an array of offerings. The building consists of +/- 10,032 SF of retail space with small portion including bay space. There is also a large monument sign with high visibility on Fry Blvd. Shade Plaza is uniquely positioned within a trade area with pent-up demand for retail space. Demand for space, along with below market rents, should contribute to dynamic income growth for the prospective investor.
- Property TypeOffice
- Year Built1966
- Sale Price$449,000
- Total Acres0.45
- Property ID2034077