Under Contract - Retail Center for Sale in Glendale

UNDER CONTRACT: Retail center shadow anchored by Fry’s Food for sale at 13631 North 59^th Avenue in Glendale, Arizona. Sale price is $6.88 million ($311.10 per square foot).

Visit the Crexi site to download the offering memorandum.

Heatherwood Plaza is a retail center at the southeast corner of 59th Avenue and Thunderbird Road in Glendale, Arizona, surrounded by well-established neighborhoods, schools, and immediately adjacent to the recently expanded Banner Thunderbird Medical Center. The 79% leased center is shadow anchored by Fry’s Food and Drug. The center is occupied by nine tenants, including four restaurants, along with personal & professional services, all of which perfectly cater to the needs of the residents in the surrounding neighborhoods and regional visitors.

Heatherwood Plaza is positioned in a densely populated, middle-income residential community conveniently located adjacent to Banner Thunderbird Medical Center, and one mile from both Arizona State University’s West Valley Campus to the east, and Arizona Christian University to the north. These key drivers create a unique opportunity for the center to not only capitalize on residents of its immediate trade area but also the thousands of patients, students and their families that visit this area daily.

Under Contract