5029 E Chandler Blvd - Storefront Retail/Office FOR SALE


Phoenix, AZ 85048
$3,590,000 USD
602-682-8175
5029 E Chandler Blvd, Phoenix, AZ for Sale
$3,590,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 6.25% Cap Rate

5029 E Chandler Blvd
Phoenix, AZ 85048


HIGHLIGHTS

  • 100% leased to four tenants: Thai Chili 2Go, Arizona Army National Guard, PetWellClinic, and Tanmax
  • Desirable Ahwatukee Phoenix sub-market: $147,798 AHHI with 74,220 population within 3-mile radius
  • South Chandler employment center nearby with over 60,000 employees
  • Safeway, Fry’s, Trader Joe’s, Kohl’s, and LA Fitness are located in the immediate trade area corridor
  • Chandler Blvd carries 35,718 CPD, I-10 Freeway located less than 1,000 feet (166,638 CPD)
  • Adjacent pad tenants (NAP): Coffee Bean & Tea Leaf, Cold Beers and Cheeseburgers, and The Learning Center are popular consumer draws to the center

OVERVIEW

Velocity Retail Group is pleased to offer this 5,833 SF multi-tenant shops building on a +/- 0.56 ac improved parcel located in the Shoppes at 50C shopping center at 5029 E Chandler Blvd, Phoenix, AZ 85048 (the “Property”). Featuring modern architecture and a solid building structure, the Property is both visually appealing and highly functional. The building is fully leased, with Thai Chili 2Go occupying the 2,000 SF end-cap suite, Tanmax occupying a 1,200 SF suite, the Arizona Army National Guard leasing a 1,626 SF suite, and PetWellClinic occupying a 1,007 SF suite.

FOR SALE DETAILS

PRICE

$3,590,000 USD

PRICE/SF

$615 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shoppes at 50C

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,489 SF

ZONING

C-2

APN/PARCEL ID

301-90-729

ASK ABOUT THIS PROPERTY

Eli CastronovaVelocity Retail GroupMore Info
602-682-8175

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Eli CastronovaVelocity Retail GroupMore Info
602-682-8175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.