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1304 E Chandler Blvd
Phoenix, AZ 85048
Supercuts & Shops · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Outparcel Pad to Grocery-Anchored Community Center
  • Well Below Market Rents – Property-wide, existing rents are on average ±$1.43 PSF (±31% below current market rates)
  • High Quality Retail Pad Opportunity – Supercuts & Shops is 100% leased to a synergistic mix of local and regional credit tenants

EXECUTIVE SUMMARY

* Outparcel Pad to Grocery-Anchored Community Center – Pad site at the Safeway anchored Foothills Center, a ±53,000 SF neighborhood shopping center located at the signalized intersection of W Chandler Blvd (±16,130 CPD) and Dessert Foothills Pkwy (±11,110 CPD)

* High Quality Retail Pad Opportunity – Supercuts & Shops is 100% leased to a synergistic mix of local and regional credit tenants, Supercuts, Gracie Barra Jiu Jitsu, and Yoasis Yogurt

* Well Below Market Rents – Property-wide, existing rents are on average ±$1.43 PSF (±31% below current market rates)

* Exceptional Income Growth – Due to embedded rental increases and rolling rents to market, the NOI is projected to increase by more than $48,700 (±50%) upon stabilization in Year 5 and over $84,700 (±87%) during the anticipated 10-year hold period

* Affluent Phoenix Suburb – Located within Ahwatukee Foothills, one of the most desirable suburban areas within the Phoenix Market being ranked the #1 Best Neighborhood to Live in Phoenix by Niche.com in 2025. The site serves more than 131,200 residents within a 3-mile radius with an average household income exceeding $126,400

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
5,991 SF
Building Class
B
Year Built
2001
Price
$2,551,020 CAD
Price Per SF
$425.81 CAD
Cap Rate
5.27%
NOI
$134,439 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.79 AC
Zoning
C-2/PCD, Phoenix

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
300-97-106
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$241,729 CAD
  • Listing ID: 37354417

  • Date on Market: 2025-08-20

  • Last Updated:

  • Address: 1304 E Chandler Blvd, Phoenix, AZ 85048

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