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24802281
24802282

12426-12452 North 28th Drive, Phoenix, AZ 85029

TX
AZ BR637767000
Bellagio Executive Plaza
Listed by Bellagio Executive Plaza
$3,750,000
324 days on market
Updated 18 days ago

Metro Village - Retail Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 17,428
Cap Rate 6.00%
NOI $225,596
Year Built 1979
Year Renovated 2004
Stories 1
Acreage 1.419
Zoning C-1, City of Phoenix

Retail Center for Sale – Exceptional 6% CAP Investment in Booming Phoenix Market

Marketing description

Retail Center for Sale – Exceptional 6% CAP Investment in Booming Phoenix Market

Discover a rare opportunity to acquire a high-performing retail center in the heart of one of Phoenix’s most rapidly growing and sought-after neighborhoods. This property offers investors stable, in-place income with a strong 6% CAP rate—paired with long-term upside in a thriving submarket.

Positioned for visibility, access, and sustained growth, this retail asset combines immediate cash flow with long-term value in an area experiencing continuous residential and commercial development.

Why this Retail Center?

This asset is ideal for investors seeking dependable returns in a resilient, high-demand market. With a stable rent roll, market-driven leases, and strong fundamentals, this retail center delivers a rare blend of current income and long-term capital appreciation.

High Foot Traffic: Positioned near major intersections, busy streets, and popular local amenities.

Exceptional Accessibility: Close proximity to major highways allows for smooth commutes and broader regional reach.

Built-In Growth Potential: Located in a high-demand area with rising property values and strong economic fundamentals.

Whether you're expanding your portfolio or searching for a stable, income-producing asset, this property offers the ideal blend of location, flexibility, and return potential. Don't miss this chance to own a strategically positioned property in a city ranked among the nation’s leaders for population growth, economic expansion, and real estate performance.

📞 Call 480-323-6072 today to learn more!

Investment highlights

🔹 Attractive 6% CAP Rate – Secure, income-generating asset with strong tenant performance and built-in stability.

🔹 Prime Phoenix Location – High-growth corridor surrounded by dense rooftops, national retailers, and new developments.

🔹 Strong Demographics – Affluent and expanding customer base with rising spending power.

🔹 High Visibility & Foot Traffic – Located on a signalized corner near major intersections with excellent street exposure.

🔹 Versatile Tenant Mix – Adaptable suite configurations ideal for retail, dining, wellness, or service-based tenants.

🔹 Ample On-Site Parking – Convenient, customer-friendly layout with generous parking capacity.

🔹 Excellent Access – Quick connections to major freeways and transit routes for regional draw.

Listing Contacts

TX
AZ BR637767000
Bellagio Executive Plaza
Listed by Bellagio Executive Plaza

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$225,596.00
$18,799.67/mo

Valuation Metrics

0
DSCR
6.02%
Cap Rate
6.02%
ROI

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Additional Information

Name
Tinna Xie
License
BR637767000
Brokerage
Bellagio Real Estate
Brokerage Phone
480-323-6072
Title
Real Estate Agent
Brokerage Address
6908 East Thomas Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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