Phoenix, AZ 85034

Shops at Phoenix Gateway

Property Address

125 North 44th Street, Phoenix, AZ, USA

Offering Summary

  • Price: $4,960,000
  • Lot Size: 1.74 Acres
  • Cap Rate: 5.25%
  • Year Built: 2021
  • Building SF: 5,900
  • Status: Available
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  • 100% Occupied with Diverse Tenant Profile - All Brand New 10-Year Leases with Rental Increases
  • Dense Infill Location in Phoenix, 325,634 Residents within a 5-Mile Radius
  • High-Quality 2021 Construction
  • Excellent Visibility Along North 44th Street (24,560+ Cars/Day)
  • Close Proximity to Numerous Business Centers and Corporate Offices - Employers Include CVS, Caremark, Arizona Federal Credit Union, American Family Insurance, etc.
  • 9 Hotels Located in Close Proximity to Subject Property and Over 5,000 Apartment Units Located within a 1-Mile Radius
  • Average Household Income Exceeds $72,000 within 5 Miles of Subject Property
  • Adjacent to Phoenix Sky Harbor International Airport (46.3 Million+ Annual Travelers)

Broker Information