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Mountain Ranch Marketplace 4 Retail Properties Offered at $32,388,974 CAD in Goodyear, AZ



INVESTMENT HIGHLIGHTS
- Grocery Shadow Anchored by strong performing Safeway over $48M in yearly sales* and ranked 12th in the state (out of 105 Safeways)**
- One of Arizona’s largest master planned communities. Over 8,000 Homes built with an additional 29,000 planned or actively being developed.
- Zero Grocery competition for over 6 Miles.
EXECUTIVE SUMMARY
***The full purchase price is $25,200,000. Land Pad 1 and Land Pad 2 are included within offering.
Mountain Ranch Marketplace is a premier Safeway shadow anchored neighborhood center located at the highly visible northwest corner of Estrella Parkway and Elliot Road in the booming Phoenix suburb of Goodyear, Arizona. Strategically positioned within the heart of the Estrella master-planned community—one of the largest in the state—this center serves as the primary commercial hub for thousands of residents. The property is 94.6% leased to a diverse tenant mix including Safeway (NAP), Starbucks, Subway, Autozone (Ground Lease), Walgreens (NAP), McDonald’s (NAP), and Papa Johns, to name a few. Mountain Ranch Marketplace is the sole shopping center for the Estrella Mountain Ranch Masterplan Community.
A defining feature of Mountain Ranch Marketplace is its role as the sole grocer-anchored center within the Estrella community, offering zero direct competition. The Safeway (NAP), generates over $48 million in annual sales and ranks 12th in the state, underscoring the immense demand and spending power in the area. This exclusivity positions Mountain Ranch Marketplace as a critical retail destination, ensuring consistent foot traffic and long-term tenant success.
The center benefits from robust demographics, with a population exceeding 50,000 residents within a 5-mile radius, characterized by high household incomes, strong home ownership rates, and a family-oriented lifestyle. The Estrella community continues to expand, attracting affluent buyers and contributing to a steady increase in local spending. This growth trajectory makes Mountain Ranch Marketplace an ideal location for retailers seeking to tap into a thriving and loyal customer base.
Mountain Ranch Marketplace boasts a strong tenant lineup anchored by national brands that include Starbucks, Walgreens, Subway, and Papa John’s, among others. These tenants provide a diverse mix of daily needs, dining, and service-oriented offerings that cater to the community’s lifestyle. The presence of well-established national retailers enhances the center’s credibility and draws consistent consumer traffic, reinforcing its role as a retail cornerstone in the region.
Mountain Ranch Marketplace is a premier Safeway shadow anchored neighborhood center located at the highly visible northwest corner of Estrella Parkway and Elliot Road in the booming Phoenix suburb of Goodyear, Arizona. Strategically positioned within the heart of the Estrella master-planned community—one of the largest in the state—this center serves as the primary commercial hub for thousands of residents. The property is 94.6% leased to a diverse tenant mix including Safeway (NAP), Starbucks, Subway, Autozone (Ground Lease), Walgreens (NAP), McDonald’s (NAP), and Papa Johns, to name a few. Mountain Ranch Marketplace is the sole shopping center for the Estrella Mountain Ranch Masterplan Community.
A defining feature of Mountain Ranch Marketplace is its role as the sole grocer-anchored center within the Estrella community, offering zero direct competition. The Safeway (NAP), generates over $48 million in annual sales and ranks 12th in the state, underscoring the immense demand and spending power in the area. This exclusivity positions Mountain Ranch Marketplace as a critical retail destination, ensuring consistent foot traffic and long-term tenant success.
The center benefits from robust demographics, with a population exceeding 50,000 residents within a 5-mile radius, characterized by high household incomes, strong home ownership rates, and a family-oriented lifestyle. The Estrella community continues to expand, attracting affluent buyers and contributing to a steady increase in local spending. This growth trajectory makes Mountain Ranch Marketplace an ideal location for retailers seeking to tap into a thriving and loyal customer base.
Mountain Ranch Marketplace boasts a strong tenant lineup anchored by national brands that include Starbucks, Walgreens, Subway, and Papa John’s, among others. These tenants provide a diverse mix of daily needs, dining, and service-oriented offerings that cater to the community’s lifestyle. The presence of well-established national retailers enhances the center’s credibility and draws consistent consumer traffic, reinforcing its role as a retail cornerstone in the region.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS
| Price | $32,388,974 CAD | Number of Properties | 4 |
| Price / SF | $747.96 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 43,303 SF |
| Sale Type | Investment | Total Land Area | 14.60 AC |
| Status | Under Contract |
| Price | $32,388,974 CAD |
| Price / SF | $747.96 CAD / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 43,303 SF |
| Total Land Area | 14.60 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Shops A
17650 W Elliot Rd, Goodyear, AZ 85338 |
Retail | 22,286 SF | 2009 | - |
|
Phoenix Children's Academy
17670 W Elliot Rd, Goodyear, AZ 85338 |
Retail | 10,015 SF | 2009 | - |
|
Shops B
9860 S Estrella Pky, Goodyear, AZ 85338 |
Retail | 8,202 SF | 2009 | - |
| 17626 W Elliot Rd, Goodyear, AZ 85338 | Retail | 2,800 SF | 2024 | - |
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