6135 35Th AvePhoenix, AZ 85017

Property Details for 6135 35Th Ave

Year built

1977

Construction

CONCRETE

Lot size

15.25 AC

Property size (Sq ft)

5,419 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Turn key restaurants

APN

152-18-003N

APU

15218003N

Description

Grand Canyon Crossing, a vibrant retail strip center in Phoenix, Arizona, presents a prime opportunity for discerning businesses. Located at 6135 & 6145 N 35th Ave, 85017, this property boasts a total of 105,316 square feet of retail space within a substantial 664,490 square foot lot in Maricopa County. Currently, there is 3,000 square feet of immediately available space, perfect for a variety of retail uses. The minimum divisible space is also 3,000 square feet, offering flexibility for expansion or consolidation. This multi-tenant center is conveniently situated off Bethany Home Road, providing excellent visibility and accessibility to a thriving customer base. The property's size and location make it an ideal investment for businesses seeking a strong presence in a dynamic Phoenix neighborhood. The ample lot size offers potential for future development or expansion. This is a rare opportunity to secure retail space in a well-established center with significant potential for growth and return on investment. The property is categorized as a retail strip center and is situated in a high-traffic area, promising strong foot traffic and visibility for your business. Don't miss this chance to establish your business in this desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,300,755

  6.5%

  $1,200,697

  7%

  $1,114,933

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,105,054

  Geo Method

  $2,105,054

• Alternative Use

  Use

  Valuation

  Residential

  $1,012,833

  Hospitality

  $927,749

  Educational

  $771,877

  Medical

  $798,423

  Retail

  $1,200,697

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.527

Longitude

-112.131

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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