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27175702
27175701

NWC Loop 101 Freeway & 56th Street, Phoenix, AZ 85054

BM
AZ SA543239000
Cushman & Wakefield - Phoenix, Arizona
Listed by Cushman & Wakefield - Phoenix, Arizona
Unpriced
259 days on market
Updated 91 days ago

NWC Loop 101 Freeway & 56th Street

Details
APN 212-32-100U
Property Type Land, Mixed Use (+1)
Sub Type QSR/Fast Food, Restaurant (+1)
Acreage 4.240

Retail PADs Available For Sale | 4.24 acres

Marketing description

The ±4.24-acre property is located at the northwest corner of Loop 101 Freeway & 56th Street in Phoenix, AZ. The property is located in the heart of the Desert Ridge commercial core, which is estimated to add between 80K-100K jobs over the next 20 years. The amenity-rich core includes the 1.2 MSF Desert Ridge Marketplace, High Street, a 628,000 SF mixed-use development featuring office, retail and residential units and City North, a 96.5- acre under construction development with over 200,000 SF of office space, a 200-room hotel and two restaurants in phase one. The property has frontage and great visibility from the Loop 101 Freeway, which is currently undergoing expansion.

Investment highlights

  • Parcel 1: ±1.63 Acres; 71,051 SF (Divisible)

  • Parcel 2: ±2.61 Acres; 113,733 SF (Divisible)

  • Future Drury Plaza Hotel; 217 keys

  • Fee simple interest

  • Full diamond interchange

  • Access to City North Drive and 56th Street

Listing Contacts

BM
AZ SA543239000
Cushman & Wakefield - Phoenix, Arizona
Listed by Cushman & Wakefield - Phoenix, Arizona

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