For Sale
Request a price

10995 99Th Ave Peoria, AZ 85345

Peoria, AZ retail investment opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
Grand Center Plaza, a 37,822 square foot retail center in Peoria, Arizona, presents a compelling value-add or redevelopment opportunity. Situated on a 149,677 square foot lot (approximately 3.5 acres) zoned C-2, this single-story property boasts 213 parking spaces, two points of ingress/egress, and excellent visibility with 600 feet of frontage along 99th Avenue, a major thoroughfare. Currently featuring a mix of tenants including a Mexican restaurant, dental office, and beauty salon, up to 6,668 square feet of space is available. The property includes multiple monument signs and easy access to Loop 101. Originally constructed in 1980, the center is undergoing renovations. The strong existing tenant mix, ample parking, and prominent location within a densely populated area (over 100,000 residents within a 3-mile radius) contribute to its significant potential. The property's current NOI is $210,838, with a pro-forma NOI of $417,233. APN: 142-52-395

Highlights

  • 37,822 SF retail center.
  • Up to 6,668 SF available space.
  • ~3.5-acre lot (150,000 SF).
  • 600 feet of frontage on 99th Avenue.
  • Ample on-site parking (213 spaces).
  • Multiple monument signs.

Property Details for 10995 99Th Ave

Property type
Retail properties
Square Feet
37,822 SF
Stories
1

Location Insight

City
Peoria
County
Maricopa
State
Arizona
Latitude
33.5828082
Longitude
-112.2723518

FAQs

What type of property is this?
Retail property - Peoria, AZ retail investment opportunity
Where is the retail property located?
The property is located at 10995 99Th Ave Peoria, AZ.
What are key features of this property?
This property features: 37,822 SF retail center.; Up to 6,668 SF available space.; ~3.5-acre lot (150,000 SF).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
10995 99Th Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message