Cushman & Wakefield, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire Palm Valley Marketplace (the “Property”), a premier 107,633 square-foot grocery anchored neighborhood shopping center with nationally recognized anchor Safeway leading the tenant roster. Palm Valley Marketplace is located in Goodyear, Arizona at the southwest corner of Indian School Road and Litchfield Road, amongst the affluent and established Palm Valley and Pebble Creek master-planned residential communities. Spanning 15.92 acres, Palm Valley Marketplace is 86% leased to a complimentary collection of mostly national and regional retailers, with over 85% of the tenancy operating at this location for over 10 years, proving their commitment to this location. The Property’s complimentary tenancy generates a high volume of consumer traffic and income, which are strengthened through Palm Valley Marketplace’s superior access and visibility along Indian School Road and Litchfield Road.
Anchored by a high volume Safeway, which occupies 51.5% of the leasable area, Palm Valley Marketplace is host to an array of other national retailers such as AAA, Oreck, Fast Frame, Subway, The UPS Store, Domino’s Pizza, Great Clips, Yogurtini, along with many other destination tenants. Combined, these tenants provide an investor with consistent income and an attractive lease rollover profile.
Investment Highlights
- Institutionally Owned and Maintained
- High Volume Safeway Grocery Anchored Asset
- Consistent Cash Flow Secured by National Credit Tenants
- Affluent Trade Area
| Location: | SWC Indian School Road & Litchfield Road Goodyear, AZ 85338 |
| Occupancy: | 86% |
| Total Square Footage: | 107,633 SF |
| Site Area: | 15.95 Acres |
| Price: | Submit Offer |
| Year-1 NOI: | $1,298,550 |
| Terms: | OFFERED FREE & CLEAR |
For more information, please sign and return the Confidentiality Agreement
Click here for the Confidentiality Agreement
Executive Managing Director
ryan.schubert@cushwake.com
+1 602 224 4472
Lic. #SA533128000
Executive Managing Director
michael.hackett@cushwake.com
+1 602 224 4449
Lic. #SA530634000
