Listed by Phoenix Commercial Advisors
$36,950,000
CROSSROADS AT TOLLESON | REGIONAL SHOPPING CENTER
Details
APN 102-53-004J
Property Type Retail
Sub Type Shopping Center
Square Footage 98,343
Cap Rate 6.54%
NOI $2,416,152
Occupancy 99%
Tenancy Multi
Brand/Tenant Sherwin-Williams, AT&T
Lease Type NNN
Rent Bumps Yes
Price per SqFt $376
Year Built 2006
Tenant Credit Corporate Guarantee, Franchisee
Retail | 6.54% CAP | 98,343 SqFt
Investment highlights
- Most dominant West-Valley intersection and regional shopping destination with powerful co-tenancy at the intersection (Costco, Best Buy, Ross, Harkins Theatres, Hobby Lobby, Main Event, Sprouts Farmers Market and more)
- 12 high-profile end-caps
- Strong historic occupancy, lease extensions, and recent lease-up show strength of center and demand of trade area
- Historical CAGR of 3.44% from 2020-2026
- Anchored by NAPA Auto Parts, with over 6,000 NAPA Auto Parts stores and more than 18,000 NAPA AutoCare and AutoCare Collision Centers nationwide
- Limited shop vacancy at the intersection with just ±5,850 square feet of vacant shop space out of over 1.2 million SF of total retail space
- Two (2) 90’ high pylon signs facing the I-10 and Loop 101
- Attractive breakup strategy through parcellation for future investor
- This regional shopping center serves the residents of Avondale, Phoenix, Glendale & Litchfield, and Tolleson
- Located at the SEC of 99th & McDowell, at the connection of two major highways, the I-10 & Loop 101
- One of the highest traffic counts in the state of Arizona with nearly 427,000 vehicles per day
- Strong daytime employment in the immediate area with over 107,000 workers within 5-miles
- The West Valley is one of the fastest growing housing areas of metro Phoenix with ±7,564 new homes platted, planned and under construction just in the immediate trade area alone
- Crossroads resides in Maricopa County which is one of the fastest growing county in the United States
Listing Contacts
Listed by Phoenix Commercial Advisors
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$2,416,152.00
$201,346.00/mo
Valuation Metrics
0
DSCR
6.54%
Cap Rate
6.54%
ROI
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Zoning
C-2 CommercialGeneral CommercialGeneral Commercial
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View all 36 uses Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics
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