For Sale
$2,500,000

2435 Greenway PkwyPhoenix, AZ 85032

Vacant Walgreens, high-traffic location

Overview

Added:
Dec 11, 2024
Days on market:
116
This 13,905-square-foot vacant storefront, built in 1999, sits on a 2.64-acre lot in a prime North Phoenix location. The property boasts excellent visibility at the intersection of Greenway Parkway and Cave Creek Road, experiencing over 73,000 combined daily car counts. Its strategic placement offers three points of access, enhancing convenience and exposure. The site benefits from its proximity to major retailers like Home Depot, Family Dollar, McDonald's, and Jack in the Box, further solidifying its retail potential. This location is surrounded by a dense population of 310,225 residents, with an average household income exceeding $98,000 within a 5-mile radius. The property's adjacency to the affluent Paradise Valley community and its location one mile from State Route 51, a major Phoenix artery, adds to its appeal. Furthermore, its proximity to Paradise Valley Community College (7,300 students) presents a significant opportunity for future development. The asking price is $2,500,000. The property is currently vacant, offering a blank canvas for a new tenant or redevelopment. This presents a unique opportunity to capitalize on the strong demographics and high traffic counts in this thriving area of Phoenix, Arizona. The property's size and location make it an ideal investment for a variety of retail uses.

Highlights

  • High visibility at Greenway Parkway & Cave Creek Road intersection (73,000+ vehicles daily).
  • Densely populated area; 310,225 residents nearby.
  • High average household income ($98,000+) within a 5-mile radius.
  • Excellent retail adjacency (Home Depot, Family Dollar, etc.).
  • Bordered by affluent Paradise Valley.
  • One mile from SR 51, a major Phoenix artery.

Property Details for 2435 Greenway Pkwy

Property type
Retail properties, Retail space
Square Feet
13,905 SF
Year Built
1999
Lot Size (sq. ft)
114,998 SF

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.6308252
Longitude
-112.0291
2435 Greenway Pkwy, Phoenix, Arizona

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2435 Greenway Pkwy
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