Property Listing No Longer Available for Sale

4804 E. Chandler Boulevard & 15425 S. 48th Street

Phoenix, AZ

Retail for Sale - $5,800,000 - 24,103 Sq. Ft. on 49299.44 acres


Property Info

CIMLS#659833
Location
  4804 E. Chandler Boulevard & 15425 S. 48th Street
  Phoenix AZ 85044
UpdatedAugust 11th, 2014
TypeRetail
Price$5,800,000
Building24,103 Sq. Ft.
Land49299.44 acres

Property Description

The Shops at Foothills Vista Commons consist of two multi-tenant retail buildings totaling 24,103sf. The center is currently 84% occupied with an asking rate of $19/sf to lease the available space. The center is shadow anchored by an LA Fitness Sport which provides high foot traffic to the entire development. Also located within the complex are several free-standing restaurants, gas station, Tutor Time and an In-Suites Motel.

Location Description:

The Shops at Foothills Vista Commons is located on the Northeast corner of 48th Street and Chandler Boulevard. Just one mile West of the Interstate 10 this center is easily accessible from most of the Valley. The intersection of 48th Street and Chandler Boulevard has a very high traffic count and the center has great visibility from all four corners. Other users on the same corner, but not included in this transaction include, Waffle House, Carl's JR and Del Taco among others. Ahwatukee is a well established community that is know for its higher household incomes and family orientation.

Highlights:

>> Strong Demographics

>> Great Visibility

>> Easily Accessible

>> Shadow Anchored by LA Fitness

>> High Traffic Counts

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Financials

Sales Info:

>> Commision split: 2.0%