16425 Palisades BlvdFountain Hills, AZ 85268

Property Details for 16425 Palisades Blvd

Year built

1998

Construction

CONCRETE

Lot size

1.17 AC

Property size (Sq ft)

16,338 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Strip malls

APN

176-24-563

APU

17624563

Description

Red Rock Plaza, located at 16425 E Palisades Blvd, Fountain Hills, AZ 85268 (APN 176-24-563), offers exceptional commercial space. This 16,276 square foot multi-tenant property features a mix of retail and executive office spaces, currently with four available units ranging from 1,311 to 1,743 square feet. The property benefits from a high-traffic location, anchored by Anytime Fitness, ensuring excellent visibility and foot traffic. Ample parking is available for customers and employees. Monument signage opportunities are also present, providing strong branding potential. The property enjoys convenient access to Beeline Highway, enhancing accessibility for both clients and staff. This prime Fountain Hills location presents a unique opportunity for businesses seeking a vibrant and accessible setting. The property's versatile spaces are ideal for a variety of uses, making it an attractive option for businesses looking to establish or expand their presence in the thriving Fountain Hills market. Affordable rates are available. The property is categorized as Retail and Office, with a subtype of Executive Office and Storefront Retail/Office.

• CAP approach

  CAP return

  Valuation

  6%

  $7,613,632

  6.5%

  $7,027,968

  7%

  $6,525,970

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,287,526

  Geo Method

  $9,287,526

• Alternative Use

  Use

  Valuation

  Residential

  $5,928,354

  Hospitality

  $5,430,340

  Educational

  $4,517,980

  Medical

  $4,673,360

  Retail

  $7,027,968

Location Insight

City

Fountain Hills

County

Maricopa

State

Arizona

Latitude

33.6097

Longitude

-111.725

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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