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Broadway & McClintock

2 Retail Properties Offered at £5,530,070 in Tempe, AZ

Executive Summary

Levrose Commercial Real Estate, as exclusive advisor to the Seller, is proud to present Broadway & McClintock Center. Located in the thriving city of Tempe, the property boasts a prime location with significant traffic and visibility. The retail center spans just over 26,900 square feet, featuring a diverse mix of tenants contributing to a high occupancy rate. Tempe’s retail market is characterized by robust population growth, rising income levels, and strong commercial real estate trends, all of which create a favorable environment for retail investments. The tenant mix includes a variety of national, regional, and local credit ensuring a steady and diversified rental income stream. The retail center’s competitive advantage lies in its strategic location and a well-curated mix of tenants that cater to the local community’s needs.
In conclusion, this multi-tenant retail center in Tempe, Arizona, represents a compelling investment opportunity, aligning with core plus investment criteria and offering the potential for stable, long-term returns.

Property Facts

Price £5,530,070
Price / SF £168.90 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 32,742 SF
Total Land Area 3.28 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Shops
1743 E Broadway Rd, Tempe, AZ 85282
Retail 7,870 SF 1981 -
Shops
1709 E Broadway Rd, Tempe, AZ 85282
Retail 24,872 SF 1981 -
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  • Listing ID: 33523634

  • Date on Market: 15/10/2024

  • Last Updated:

  • Address: Broadway & McClintock, Tempe, AZ

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