Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

The Shops at Arizona 3434 W Anthem Way 20,610 SF 100% Leased Retail Building Anthem, AZ 85086 $11,024,429 CAD ($534.91 CAD/SF) 6.57% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Multi-Tenant Net Leased Investment For Sale
  • Excellent walkability - Ace Hardware Shadow Anchored Building
  • Below Market Rents
  • NOI: $533,505
  • Recent Roof and Parking Lot Work Completed
  • 100% Leased

Executive Summary

Multi-Tenant Net Lease Investment for sale. This Ace Hardware shadow anchored center contains 12 tenants. Excellent diversified uses and several value add opportunities. With an annual rent/NOI of $533,505. Landlord has recently completed parking lot renovations. Landlord had the roof done in 2024. Excellent increases (3%) for most tenants. Average lease rate is ±$25 psf with several below market rental rates. Lease terms vary for all Tenants. The Bearded Barber tenant has a huge Speak Easy located behind the barbershop (through the closet). Property is 100% Leased. NOI includes a new to be executed lease to an electric vehicle charging company.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,610 SF
Building Class
B
Year Built
2004
Price
$11,024,429 CAD
Price Per SF
$534.91 CAD
Cap Rate
6.57%
NOI
$724,126 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
4.91 AC
Zoning
C-2 - Property was built in 2004 in Anthem AZ. Property zoned C-2 Commercial
Parking
144 Spaces (6.99 Spaces per 1,000 SF Leased)
Frontage
580’ on W Anthem Way

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Nearby Major Retailers

Filiberto's Mexican Food
Farrell's eXtreme Bodyshaping
Starbucks
Safeway
MidFirst Bank
Anytime Fitness
Ata Martial Arts

Property Taxes

Property Taxes

Parcel Number
203-04-533
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$261,265 CAD
  • Listing ID: 38403785

  • Date on Market: 2025-11-11

  • Last Updated:

  • Address: 3434 W Anthem Way, Anthem, AZ 85086

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}