Shoppes at Pebble Creek Marketplace 15611 W McDowell Rd 10,872 SF 100% Leased Retail Building Goodyear, AZ 85395 $7,426,000 ($683.04/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Leased Multi-Tenant Retail | New Construction | Brand New NNN Leases | Scheduled Rental Increases | Limited Landlord Responsibilities
- Outparcel to Brand New Grocery Anchored Center | Dense Retail Corridor | Strong National/Credit Tenant Presence
- Fast-Growing, Affluent Trade Area | Direct Consumer Base | Strong Demographics in 5-Mile Trade Area
- Signalized, Hard-Corner Intersection (57,100 VPD) | Interstate 10 (137,100 VPD) | Excellent Visibility & Access | Significant Street Frontage
EXECUTIVE SUMMARY
SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in The Shoppes at Pebble Creek Marketplace, a newly-constructed, 100% leased, multi-tenant retail investment opportunity in Goodyear, Arizona (Phoenix MSA). The 7-unit building features a diverse tenant lineup with brand new leases ranging from 5 to 10 years. All leases feature scheduled rental increases, growing NOI and hedging against inflation (see page 19 for details). All tenants operate under NNN leases, making this an ideal, low-management investment opportunity for a passive investor.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,872 SF
Building Class
B
Year Built
2023
Price
$7,426,000
Price Per SF
$683.04
Cap Rate
6%
NOI
$445,554
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.97 AC
Zoning
PAD - Planned Area Development
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $197,762 | Total Assessment | $569,854 |
