83rd Ave & Olive AvePeoria, AZ 85345

For Lease
Call for price
One Acre Retail Pad, High-Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional one-acre retail pad, zoned PAD City of Peoria in Maricopa County, Arizona, presents a unique investment opportunity. Located at the strategic intersection of 83rd Avenue and Olive Avenue, zip code 85345, this property offers unparalleled visibility and accessibility. Currently, one retail space is available for lease on this site. The property benefits from a dynamic and rapidly developing surrounding area. A significant residential expansion is underway, including a planned 275-unit multi-family complex directly adjacent and 76 single-family homes diagonally across. Further enhancing the area's appeal is a 153-unit multi-family complex currently under construction across Olive Avenue. This robust residential growth creates a substantial and immediate customer base for any retail establishment. The location also enjoys proximity to Pioneer Community Park and Pioneer Lake, providing recreational amenities and attracting residents and visitors alike. The strong employment base to the east and dense residential area to the west ensure consistent foot traffic and a thriving commercial environment. This prime retail pad offers exceptional potential for growth and return on investment in a rapidly expanding community. Don't miss this chance to secure a prominent position in Peoria's thriving retail market.

Highlights

  • Less than one mile from US-60 (Grand Avenue) and just over one mile from Loop 101.
  • Adjacent 275-unit multifamily development planned.
  • 76 single-family homes planned diagonally across the street.
  • 153-unit multifamily complex under construction across Olive Avenue.
  • Near Pioneer Community Park and Pioneer Lake.
  • Strong employment base to the east.

Property Details for 83rd Ave & Olive Ave

Property type
Retail properties

Unit(s) available at that property

Space
Ac pad
Size
0 SF

Location Insight

City
Peoria
County
Maricopa
State
Arizona
Latitude
33.5664969
Longitude
-112.2376499
83rd Ave & Olive Ave, Peoria, Arizona

FAQs

What type of property is this?
Retail property - One Acre Retail Pad, High-Growth Area
Where is the retail property located?
The property is located at 83rd Ave & Olive Ave Peoria, AZ.
What are key features of this property?
This property features: Less than one mile from US-60 (Grand Avenue) and just over one mile from Loop 101.; Adjacent 275-unit multifamily development planned.; 76 single-family homes planned diagonally across the street.
How can I contact the broker?
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83rd Ave & Olive Ave
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