12426 - 12452 North 28th Dr Phoenix, AZ 85029

Phoenix, AZ

Retail for Sale - $3,750,000 - 17,428 Sq. Ft. on 1.42 acres


Agent Info

Sarah Fortin

Property Info

CIMLS#1177712
Location
  12426 - 12452 North 28th Dr Phoenix, AZ 85029
  Phoenix AZ 85029
UpdatedSeptember 23rd, 2025
TypeRetail
Price$3,750,000
Building17,428 Sq. Ft.
Land1.42 acres

Property Description

Retail Center for Sale – Exceptional 6% CAP Investment in Booming Phoenix Market

Discover a rare opportunity to acquire a high-performing retail center in the heart of one of Phoenix’s most rapidly growing and sought-after neighborhoods. This property offers investors stable, in-place income with a strong 6% CAP rate—paired with long-term upside in a thriving submarket.

Positioned for visibility, access, and sustained growth, this retail asset combines immediate cash flow with long-term value in an area experiencing continuous residential and commercial development.

Investment Highlights:

Attractive 6% CAP Rate – Secure, income-generating asset with strong tenant performance and built-in stability.

Prime Phoenix Location – High-growth corridor surrounded by dense rooftops, national retailers, and new developments.

Strong Demographics – Affluent and expanding customer base with rising spending power.

High Visibility & Foot Traffic – Located on a signalized corner near major intersections with excellent street exposure.

Versatile Tenant Mix – Adaptable suite configurations ideal for retail, dining, wellness, or service-based tenants.

Ample On-Site Parking – Convenient, customer-friendly layout with generous parking capacity.

Excellent Access – Quick connections to major freeways and transit routes for regional draw.

Why this Retail Center?

This asset is ideal for investors seeking dependable returns in a resilient, high-demand market. With a stable rent roll, market-driven leases, and strong fundamentals, this retail center delivers a rare blend of current income and long-term capital appreciation.

High Foot Traffic: Positioned near major intersections, busy streets, and popular local amenities.

Exceptional Accessibility: Close proximity to major highways allows for smooth commutes and broader regional reach.

Built-In Growth Potential: Located in a high-demand area with rising property values and strong economic fundamentals.

Whether you're expanding your portfolio or searching for a stable, income-producing asset, this property offers the ideal blend of location, flexibility, and return potential. Don't miss this chance to own a strategically positioned property in a city ranked among the nation’s leaders for population growth, economic expansion, and real estate performance.


Financials



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