83rd Ave & Olive AvePeoria, AZ 85345

Property Details for 83rd Ave & Olive Ave

Lot size

1.00 AC

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

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.

Location Insight

City

Peoria

County

Maricopa

State

Arizona

Latitude

33.5665

Longitude

-112.238

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