Listed by Phoenix Commercial Advisors
Undisclosed Rate
Lake Pleasant Towne Center
Building Details
Property Type Retail
Sub Type Shop, commercial
Tenancy Multiple
Total Building SqFt 8,236
Min Divisible SqFt 1,004
Max Contiguous SqFt 4,481
Vacant SqFt 8,236
Spaces
Retail | 3 spaces available | 1,004 SqFt - 4,481 SqFt
Building description
Spaces at Lake Pleasant Towne Center Seventeen master planned communities located within the trade area with over 62,000 units planned. This includes communities such as Vistancia (17,600 units), White Peak Ranch (8,000 units), Westwing Mountain (1,887 units) and Saddleback Heights (6,195 units). Located along the new Loop 303 which now connects to Interstate 17.
Discover the vibrant retail landscape surrounding the property at Lake Pleasant Pkwy & Happy Valley Rd NWC | Peoria, AZ. Positioned in the thriving Phoenix market, the area boasts a strong consumer base and high traffic volumes. Nearby, the Lake Pleasant Towne Center and Lake Pleasant Pavilion offer a diverse mix of popular national retailers, dining options, and entertainment venues, attracting a steady flow of shoppers. With convenient access to major roadways and a growing residential population, the location presents an unparalleled opportunity for Retail / Power Center tenants to tap into the dynamic market and drive business success.
Building highlights
- Lake Pleasant Towne Center is positioned at the heart of one of the fastest growing areas in the Phoenix MSA, supported by significant residential, employment, and healthcare expansion. The center serves as a regional shopping destination anchored by top national retailers including Sprouts, Home Depot, Kohl’s, PetSmart, and Harkins Theatres.
- The trade area is fueled by the award-winning 7,100-acre Vistancia masterplanned community, which includes over 5,600 homes and has been ranked the #1 master-planned community in Arizona for four consecutive years. Peoria ranks as the 7th largest city in the Phoenix metro and is recognized among the top markets in Arizona—and nationally—for rising home values and housing starts.
- Job growth continues to accelerate in the surrounding region. The nearby I-17 business corridor supports more than 38,000 employees across major employers such as American Express, Honeywell, Cigna, and USAA. Taiwan Semiconductor Manufacturing Company (TSMC) is also driving massive expansion, currently employing 4,000 with 12,000 construction jobs and another 2,000–3,000 fulltime positions anticipated, along with 20,000 future construction roles.
- Healthcare investment is also on the rise. First Service Medical recently acquired 7.1 acres north of the center for a new state-of-the-art facility, and a new HonorHealth Complete Care urgent and emergency care center is under construction nearby—further enhancing the area’s draw for both residents and professionals
- With strong surrounding demographics, growing infrastructure, and sustained investment from both public and private sectors, Lake Pleasant Towne Center is positioned for long-term success and continued demand.
Listing Contacts
Listed by Phoenix Commercial Advisors
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Property History
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