5920 W Baseline Rd - Storefront FOR SALE


Laveen, AZ 85339
$8,275,000 USD
602-954-3754
5920 W Baseline Rd, Laveen, AZ for Sale
$8,275,000 USD
Storefront - FOR SALE
1/10
null | 5.65% Cap Rate

5920 W Baseline Rd
Laveen, AZ 85339


HIGHLIGHTS

  • Brand New Class “A” Shopping Center (2024 Construction) | 100% Leased | Best in Class Tenants & Co-Tenants | Drive-Thru Anchored
  • Real Estate Advantage | Tenants Reported Massive Grand Opening Sales Figures | In & Out, Raising Cane’s, EOS Fitness – Proven Traffic Drivers
  • Located off 202 Loop (60,000 VPD) & Baseline Road (21,000 VPD) Freeway Interchange | Monument Sign Frontage to 202 Loop Freeway
  • Southwest Valley of Phoenix – Strong Growth & New Development Bustling Baseline Road Retail Trade Area – 6.2 Million Visitors/Yr. (Placer.ai)
  • Panera Drive-Thru, Mattress Firm, Nothing Bundt Cakes

OVERVIEW

Lee & Associates is pleased to present the opportunity for a qualified investor to acquire Fee Simple interest (land & building) in Laveen Spectrum Shopping Center- Shops A. 100% Leased to Panera Drive-Thru, Mattress Firm, and Nothing Bundt Cakes, located in Laveen, AZ (Phoenix, MSA). Anchored by the renowned EOS Fitness, and including co-tenants like In-N-Out, Raising Cane's, Salad and Go and Chili's. Positioned strategically off the 202 Loop, with a notable daily traffic volume of 60,000 vehicles, and Baseline Road, experiencing 21,000 vehicles per day, the shopping center enjoys unparalleled accessibility and visibility. Additionally, boasting monument sign frontage to the 202 Loop Freeway and hard corner signalized intersection of Baseline Rd and 59th Ave.

FOR SALE DETAILS

PRICE

$8,275,000 USD

PRICE/SF

$817 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops A- Panera Drive-Thru Anchor

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

PD

APN/PARCEL ID

104-86-011

ASK ABOUT THIS PROPERTY

Jan FinchamLee & AssociatesMore Info
602-954-3754

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Jan FinchamLee & AssociatesMore Info
602-954-3754

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