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Happy Valley Center

2 Retail Properties Offered at $11,335,000 in Multiple Locations

Executive Summary

Lee & Associates Commercial Real Estate Services - Arizona, as exclusive advisor, is pleased to present the opportunity to acquire the
Happy Valley Center (the “Property”), a 25,992 square foot Walmart Neighborhood Market (NAP) anchored shopping center located at the northeast corner of 67th Avenue and Happy Valley Road in Phoenix, Arizona. The Property borders Phoenix, Glendale and Peoria in
the Northwest quadrant of the Metropolitan Phoenix Area. The Property, and its adjacent densely populated residential neighborhoods, are located less than a 20-minute commute southwest from the new $65 Billion Taiwan Semiconductor (TSMC) manufacturing facility. It is anticipated that TSMC will generate tens of thousands of new jobs and will create $32.9B in economic output.

Property Facts

Price $11,335,000
Price / SF $390.97 / SF
Cap Rate 6.56%
Sale Type Investment
Status Under Contract
Number of Properties 2
Individually For Sale 0
Total Building Size 28,992 SF
Total Land Area 4.64 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Shops B
6520-6530 W Happy Valley Rd, Glendale, AZ 85310
Retail 13,800 SF 2008 -
Shops A
25155-25255 N 67th Ave, Phoenix, AZ 85083
Retail 15,192 SF 2008 -
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  • Listing ID: 33449967

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: Happy Valley Center, Glendale, AZ

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