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2855 W Cactus Rd 23,588 SF 100% Leased Retail Building Phoenix, AZ 85029 $7,330,822 CAD ($310.79 CAD/SF)
Investment Highlights
- Stabilized Multi-Tenant Asset
- Functional Layout & Access
- Diversified Income Stream
Executive Summary
Metro Square Shopping Center is a multi-tenant neighborhood retail investment located at 11846 N. 28th Drive in Phoenix, Arizona. The property consists of approximately 23,588 square feet across three buildings within the established North Phoenix submarket.
The center is positioned along a well-traveled corridor, offering strong visibility and convenient access for surrounding residential communities. The property serves a dense trade area and benefits from consistent local consumer traffic.
Metro Square presents an opportunity to acquire a stabilized retail asset with in-place income and future upside through lease rollover and tenant repositioning within a mature Phoenix retail corridor.
The center is positioned along a well-traveled corridor, offering strong visibility and convenient access for surrounding residential communities. The property serves a dense trade area and benefits from consistent local consumer traffic.
Metro Square presents an opportunity to acquire a stabilized retail asset with in-place income and future upside through lease rollover and tenant repositioning within a mature Phoenix retail corridor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
23,588 SF
Building Class
B
Year Built/Renovated
1979/2020
Price
$7,330,822 CAD
Price Per SF
$310.79 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.96 AC
Zoning
C-C
Parking
80 Spaces (3.39 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $677,168 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$677,168 CAD
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2855 W Cactus Rd
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