This exceptional retail opportunity is located in the vibrant Ahwatukee Mercado at 4747 E Elliot Rd, Phoenix, AZ 85044. The property boasts a total of 32,183 square feet, offering a variety of suite sizes to accommodate diverse business needs. Currently, there are 11,066 square feet of vacant space available for lease, with a minimum divisible space of 1,045 square feet and a maximum contiguous space of 5,277 square feet. The center features a total of five suites, providing flexibility for single or multi-tenant occupancy. This is a multi-tenant property situated in Maricopa County, Arizona. The property's prime location in Ahwatukee offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The existing tenant mix provides a strong anchor for the center, creating a thriving retail environment. This is a storefront retail space, perfect for businesses seeking high foot traffic and convenient access for customers. The property is well-maintained and ready for immediate occupancy. Interested parties are encouraged to inquire about lease terms and available suite sizes. The property is conveniently located in Phoenix, Arizona, offering easy access to major transportation routes and a large customer base. This is a unique opportunity to secure prime retail space in a desirable location. Contact us today to schedule a viewing.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,731,924
6.5%
$3,444,853
7%
$3,198,792
Comparable approach
Method
Valuation
Relative Method
$6,337,692
Geo Method
$6,337,692
Alternative Use
Use
Valuation
Residential
$2,905,862
Hospitality
$2,661,754
Educational
$2,214,548
Medical
$2,290,710
Retail
$3,444,853
Location Insight
City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.3476
Longitude
-111.981
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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