4304-4326 E Cactus Rd | Phoenix, AZ 85032
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4304-4326 E Cactus Rd
Phoenix, AZ 85032
Village Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Target Anchored Shopping Center; Original tenant from 1988, written as a ground lease with very low rent.
- Density, Traffic, and Location have kept tenants coming to the shopping center, which is often 100% occupied.
- Across from “PV” the re-imagined Paradise Valley Mall site, which will include Whole Foods, Harkins CineGrill, and hundreds of new apartment units.
- Target sales have increased 50% from 2017 to 2022.
- With the Town of Paradise Valley to the South, and City of Scottsdale to the East, this is an affluent and growing location.
- Traffic Counts of 66K VPD; A stoplight-controlled busy intersection that serves locals and commuters
PROPERTY FACTS
Property Type
Retail
Building Size
180,205 SF
Building Class
B
Year Built
1988
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.36
Lot Size
11.53 AC
Zoning
C-C - Community Commercial
Parking
500 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
339’ on E Cactus Rd
AMENITIES
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 167-27-988 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,949,055 |
PROPERTY TAXES
Parcel Number
167-27-988
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,949,055
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