John Jackson

Commercial redevelopment land, consisting of ±42,529 square feet, for sale at the southwest corner of Roosevelt and 24th streets in Phoenix. Zoning is C-2, P-1 and R-4.

Site consists of five separate parcels, which may be sold together or individually. Property also includes two single-tenant buildings, consisting of ±5,083 square feet and ±9,536 square feet (total ±14,619 square feet).

Zoning is C-2, P-1 and R-4. Property has medical or restaurant and retail potential.

Retail infield property for lease, ground lease or build-to-suit at 910 E. Elliot Road in Tempe, Arizona. Availability consists of ±1,500 square feet to ±16,500 SF square feet on a ±85,247-square-foot lot.

Property is located on a hard corner at the northeast corner of Elliot and Rural roads.

Investment opportunity to acquire Westwind Plaza Shops, a ±21,187-square-foot shopping center on ±2.12 acre at 10555 and 10575 W. Indian School Road in the bustling city of Avondale, Arizona. The property is prominently located within the dominant retail corridor at the heavily trafficked arterial intersection of 107th Avenue and Indian School Road.

Sale price is $5.3 million. Cap rate is 6.82 percent. to request the Offering Memorandum.

Westwind Plaza Shops is 94 percent leased by 14 tenants, which include a diverse mix that caters to the immediate trade area.

The property benefits from its strategic location adjacent to strong-performing tenants, including Fry’s Marketplace, Starbucks and Walgreens. Centrally located within the heart of Avondale, the asset boasts impressive density of approximately 99,372 people living within a three-mile radius of the Property.

Westwind Plaza Shops is an excellent opportunity to acquire a secure shopping center that provides consistent cash flow, with excellent growth potential from fixed annual increases as well as below market rents.

The Property offers generous 4.7 per 1,000 parking, with customer parking conveniently located at the entrances to each suite, and employee parking convenient to the rear entrances. The signalized intersection with Westwind Parkway, as well as the curb cuts from Indian School Road and Westwind Parkway offer safe left and right turn access points.

All buildings within Westwind Plaza are of consistent design, of high-end building materials and attractive design, which are subject to CC&R’s to assure the properties and grounds will be well maintained.

​This offering includes a diverse tenant mix that caters to the immediate trade area. 43% of the shops space is occupied by restaurants; 24% by healthcare, personal and community service; 12% by entertainment and fitness; and 15% by financial services and management

Retail shop space for lease in the Shops on Signal Butte, a retail strip center at the northeast corner of Signal Butte Road and Southern Avenue in Mesa, Arizona.

Suite 110 consists of ±1,150 square feet, available for retail, convenience, services, medical and/or office uses.

Lease rate is $25 per square foot, NNN. Suite is a former insurance office; perfect for financial services.

Existing tenants in the Shops on Signal Butte include Gentle Dental, Careful Cleaners, State Farm, Edward Jones, Invincible Nail Spa, Vantage Salon, Yogurt Kingdom, Mr. Brew and Taco Bell.

This center serves Mountain Vista Medical Center, The District at Mountain Vista luxury apartment community, and dense surrounding residential homes.

The existing Shoppes at Parkwood Ranch and planned Mountain View Marketplace mixed-use development on the northwest and southwest corners of the intersection, will create a strong regional draw to the trade.

Nearby tenants include Hobby Lobby, IHOP, Sprouts, Firehouse Subs, Circle K, Walmart, Kohl’s, Best Buy, Dollar Tree, Ulta, TCF, Little Caesars, McDonald’s and Wendy’s

Hard corner lot for sale at the northwest corner of Ocotillo and Greenfield Roads in Gilbert, Arizona. Lot consists of ±1.75 acres. Purchase price is $600,000.

This dense infill site is currently zoned SF-43 (ownership will grant timing for rezoning).

Major employers in the area include Fry’s, Topgolf, Dignity Health, Walmart, Sam’s Club, Banner Health, GoDaddy, American Furniture Warehouse, Earnhardt and Orbital ATK.

IN ESCROW: Retail, restaurant or residential redevelopment opportunity at 7539 E. Indian School Road in Old Town Scottsdale, Arizona. Site area consists of ±0.17 acres, with an existing structure of ±2,400 square feet.

Located west of the southwest corner of Indian School and Miller roads, the property is within the Opportunity Zone.

Site is visible to the intersection of Indian School and Miller roads, where traffic counts exceed 50,000 vehicles per day.

Retail shops space and pad opportunities available in Mirage Oasis at the southeast corner of Greenway and Dysart roads in El Mirage, Arizona. Shop spaces range from ±1,320 square feet to ±3,960 square feet.

Generous tenant improvement allowance available to qualified users. Seeking restaurants, soft goods and service users.

Pads available for purchase, build-to-suit or ground lease. Pads consist of ±35,084 square feet with drive-thru and ±54,731 square feet.

Retail shops, anchor, pad and storefront flex industrial space for lease in Buckhorn Plaza at the northeast corner of Main Street and Recker Road in Mesa, Arizona.

Shop and anchor space ranges from ±1,045 square feet to ±45,506 square feet, contiguous. Pad D is available, consisting of ±5,000 square feet, second generation restaurant.

Storefront industrial flex space consists of ±3,600 square feet to ±45,506 square feet, contiguous.

Retail shop space for lease in Westridge Park Center, located at the northwest corner of 75th Avenue and Indian School Road in Phoenix.

Available suites range from ±600 square feet to ±6,670 square feet.

Tenants include Imperio Hall Event Center, Oasis Insurance, London Chiropractic, Diva Beauty Salon, Ameritemps, Maryvale Dental, Domino’s Pizza, Elsie’s Market and more.

Retail co-anchor and shop space available for lease in Union Hills Village at the northeast corner of 19th Avenue and Union Hills Drive in Phoenix.

Co-anchor space consists of ±23,000 square feet. Shop space ranges from ±720 square feet to ±2,990 square feet. Aggressive rental rates.

Amazing retail opportunity in a well-maintained shopping center. Join anchors Goodwill, Dollar General and Dunkin.

Full fee to outside broker for any executed LOI by Sept. 31, 2021 on the ±23,000 SF anchor space.

Retail space for lease in Crossroads Plaza at the northwest corner of 67th and Peoria avenues in Peoria, Arizona. Suites range from ±1,200 square feet to ±6,330 square feet.

Aggressive rental rates; call for pricing.

Join anchors Goodwill, Dollar Tree, Harbor Freight and McDonald's. Additional tenants include Harbor Freight, Metro PCS, Boost Mobile, Pizza Hut and Enoch's Lounge.

Pad for ground lease, build-to-suit, sale or lease, located east of the northeast corner of 44th and Washington Streets in Phoenix. Price reduced to sell; contact brokers for quote.

Site consists of ±0.92 acres (±40,260 square feet). Zoning is C-2, city of Phoenix.

Average of 1,852 Light Rail riders board at the 44th Street and Washington Street station each day.

North Scottsdale AJ’s-anchored retail center for lease. Available suites range from ±588 square feet to ±3,161 square feet.

DC Ranch Crossing is at the southeast corner of Pima Road and Legacy Boulevard in Scottsdale, Arizona.

Tenants include AJ’s Fine Foods, Verizon Wireless, Scottsdale Animal Healthcare, First American Title, McDonald’s, Stampede and Vito's Pizza and Ristorante.

Former LA Fitness box is available for lease at 18295 N. 83rd Avenue in Glendale, Arizona. Building consists of ±38,782 square feet.

Property is perfect for a retail, office or medical owner/user.

Site is adjacent to Glendale Northwest Center—a Walmart and Sam’s Club 500,000-square-foot power center. It is minutes from Arrowhead Towne Center, a 1.2 million-square-foot regional mall.

Strong demographics with over 108,000 people and household average income just over $90,000 within three miles.

Retail/restaurant space for lease at 330 E. Roosevelt Street in the heart of downtown Phoenix. Space consists of ±2,500 square feet, with pato.

There are 320 units with 600 residents on-site currently, Phase I. Phase II is under construction.

Property is in proximity to Arizona State’s University’s Downtown Campus, U of A Biomedical Collaboration and TGEN (±11,684 students).

Restaurant and retail space available for lease in Skyline Lofts at 600 N. 4th Street in Phoenix. Individual suites consist range from ±535 square feet to ±900 square feet, contiguous to ±2,840 square feet.

Property is in proximity to Arizona State’s University’s Downtown Campus, U of A Biomedical Collaboration and TGen.

Restaurant with patio for lease in Trend @ 51, located at 1615 E. Georgia Avenue in Phoenix. Space consists of a ±3,000-square-foot restaurant, with a ±2,036-square-foot patio.

Investment opportunity to acquire Mirage Oasis, a ±25,849-square-foot retail center on ±2.82 acres at 13011 and 13015 W. Greenway Road in El Mirage, Arizona. Two vacant retail pads are also available, totaling ±2.06 acres.

Asking price for the retail center is $5,654,000 ($219 per square foot). Capitalization rate is 7.25 percent.

Middle Pad price is $165,000. South Pad price is $150,000. Total price, including two pads, is $5,969,000.

Visit our . Request the offering memorandum .

Located on the southeast corner of Greenway and Dysart roads, at the border with the city of Surprise, this center serves a young, working community, with a variety of amenities, such as a takeout pizza restaurant, donut shop, Carniceria, nail salon, and dentist. A jiu jitsu academy and Asian fusion restaurant recently committed to the property, leaving one small vacancy.

The shopping center is in the process of also adding an urgent care center, general practitioner, chiropractor and other essential neighborhood services.

The attractive, upscale-designed buildings were constructed in 2009, and include generous walkways, easy vehicular access and parking, as well as ample opportunities for tenant signage on both Greenway Road and Dysart Road, a major gateway to the explosive growth area of the city of Surprise.

In addition to a 95 percent occupied retail center, which is leased at rates significantly below its cohort group of other retail centers, the offering can include two vacant retail pads, a value-add component to create significant future upside. This is a rare, value-add opportunity that offers investors a combination of upside through leasing the remaining space; and significant additional opportunity through future development, ground lease, or sale of the two pads.

By purchasing based upon the in-place NOI from 95% occupancy, the investor can rely on the stable in-place revenue that is spread among nine different businesses, with a weighted average lease term of more than five years, while continuing to grow their cash flow and improve their yield through leasing the remaining vacant space; and increasing the below market rental rates as the leases renew.

SOLD: Westwind Plaza, a ±6,192-square-foot, 100 percent leased, four tenant retail center at 10565 W. Indian School Road in Avondale, Arizona. Land area is ±0.66 acres. Sale price was $1.59 million.

SOLD: Retail pad located north of the northwest corner of S. Gilbert Road and E. Ryan Road, in Chandler Airpark in Chandler, Arizona.Lot 6 pad consists of approximately 1.21 acres. Sale price was $948,600.

SOLD: Fully fixturized restaurant building and class B office building at 4938 W. Glendale Avenue and 4937 W. Glenn Drive in Glendale, Arizona. Buildings consist of ±3,780 square feet on ±0.41 acres. Sale price was $410,000.

PROPERTY WAS SOLD: North Scottsdale retail pad, consisting of ±1.9 acres (±102,161 square feet) at the northeast corner of Pima Road and Legacy Boulevard. Sale price was $1.12 million.

SOLD: Retail building at 950 N. McQueen Road in Chandler, Arizona. Building consists of ±17,075 square feet on a ±103,455-square-foot lot. Sale price was $2.2 million.

SOLD: Newest prototype Starbucks freestanding store with drive-thru at 1252 S. Country Club Drive in Mesa, Arizona. Building consists of ±2,400 square feet on approximately 0.75 acres (±33,766 square feet). Sale price was $2,690,000.

SOLD: Freestanding retail / flex building at 2109 E. McDowell Road in Phoenix in opportunity zone. Building consists of ±13,600 square feet on ±48,180-square-foot lot. Sale price was $1.6 million.

SOLD: Fully fixturized bar at 9521 N. 7th Street in Phoenix, Arizona. The freestanding building consists of ±1,777 square feet on ±0.21 acres. Sale price was $246,000.

SOLD: Single-tenant freestanding building located south of the southwest corner of 59th Avenue and Greenway Road in Glendale, Arizona. The former Fast Auto Loans building consists of approximately 2,067 square feet. Sale price was $570,000.

SOLD: Walgreens Center, consisting of approximately 43,254 square feet, at 8905-8911 N. 7th Street in Phoenix. Sale price was $3.3 million.

SOLD: Greenway Crossings, a ±66,516-square-foot lifestyle retail center at 16572-16630 W. Greenway Road in Surprise, Arizona. Land area consists of ±12.86 acres total, which includes three vacant pads. Sale price was $13.5 million.

SOLD: Stand-alone fast food restaurant with drive-thru in Pepper Ridge Plaza at 2439 E. Union Hills Drive in Phoenix. Building size is ±3,637 square feet plus ±321-square-foot covered entry area. Sale price was $1,090,000.

SOLD: Hard corner retail pad, consisting of approximately 1.06 acres, on the southeast corner of 35th Avenue and Beardsley Road in Phoenix. Sale price was $495,000.

SOLD: Circle K Stores, Inc. guaranteed ground lease, located west of the northwest corner of 35th Avenue and Buckeye Road in Phoenix, consisting of ±1.06 acres. Sale price was $535,000.