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Happy Valley Retail Strip 6847 Happy Valley rd 5,858 SF 100% Leased Retail Building Peoria, AZ 85383 $6,694,135 CAD ($1,142.73 CAD/SF) 5.75% Cap Rate
Investment Highlights
- Brand New Construction Retail Shops Building with Scheduled Rent Increases in All Leases
- All Tenants Reimburse for Property Management Fees Making this a Truly Passive Investment
- ~25 Miles from Downtown Phoenix in Booming North Phoenix Experiencing Major Residential and Commercial Growth
- 100% Leased to Diverse, E-Commerce-Resistant Mix of Food and Service Users
- Prominent Location Along W Happy Valley Road (32,019 ADT) Adjacent to Life Time, Starbucks, QuikTrip, Dunkin', and More
- Average Household Income of $194,947 within a 3-Mile Radius
Executive Summary
Happy Valley Retail Strip is a brand new, 100% leased multi-tenant retail shops building located approximately 25 miles north of downtown Phoenix, within the rapidly expanding North Phoenix corridor.
In Association with Scott Reid & ParaSell, Inc. | A Licensed Arizona Broker #CO709902000
Inquiries by residents and properties owners of the State are to be made to Scott Reid.
In Association with Scott Reid & ParaSell, Inc. | A Licensed Arizona Broker #CO709902000
Inquiries by residents and properties owners of the State are to be made to Scott Reid.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,858 SF
Year Built
2026
Price
$6,694,135 CAD
Price Per SF
$1,142.73 CAD
Cap Rate
5.75%
NOI
$384,927 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.96 AC
Parking
30 Spaces (5.12 Spaces per 1,000 SF Leased)
Nearby Major Retailers
1 of 4
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Happy Valley Retail Strip | 6847 Happy Valley rd
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