Cooper Crossing | Multi-Tenant Retail Investment
Retail | 6.50% CAP | 6,680 SqFt
Marketing description
Cushman & Wakefield is pleased to present the opportunity to acquire Cooper Crossing, a fully occupied multi-tenant retail investment located in Gilbert, Arizona. The property consists of approximately 6,680 square feet situated on ±0.92 acres and is 100% leased to a diverse mix of service-oriented and neighborhood retail tenants. Structured with NNN leases, the asset offers investors a stable in-place income stream with limited landlord responsibilities, further supported by annual rent growth across the tenant base.
Originally constructed in 2002, Cooper Crossing provides an established and well-performing neighborhood retail center with a weighted average lease term of approximately 4.6 years. The property features a diverse tenant mix with demonstrated long-term occupancy, supported by recent lease extensions, expansions, and tenant investments into the space. This ongoing tenant commitment underscores the center’s stability, established customer base, and continued relevance within the surrounding community.
The center is situated within a densely populated and highly desirable East Valley trade area containing more than 415,000 residents within a five-mile radius. The site benefits from close proximity to U.S. Route 60 (approximately 255,656 vehicles per day), providing strong regional connectivity and accessibility. Cooper Crossing is strategically positioned adjacent to The Shoppes at Gilbert Commons, a dominant retail destination featuring national tenants such as T.J. Maxx, Kohl’s, Ross, Five Below, and Chipotle. The surrounding area is further supported by strong demographics, with average household incomes exceeding $127,000 within a one-mile radius.
This offering represents an opportunity to acquire a stabilized Gilbert retail center with diverse tenancy, durable in-place cash flow, contractual rent growth, and strong real estate fundamentals in one of the Phoenix metro’s most sought-after submarkets.
Investment highlights
INVESTMENT HIGHLIGHTS
• 100% occupied
• Diverse, established tenant mix with strong long-term occupancy
• Stable tenancy with a 4.6 year WALT
• NNN leases – tenants reimburse all expenses
• Annual rent growth across all leases
• Tenant commitment demonstrated through recent lease extensions, expansions, and store improvements
LOCATION HIGHLIGHTS
• Densely populated trade area with over ±415,000 residents in a 5-mile radius
• Surrounded by national and regional retailers
• Adjacent to The Shopped at Gilbert Commons, including top performing tenants such as T.J. Maxx, Kohls, Ross, Five Below and Chipotle
• Located ±0.5 miles from U.S. 60 Freeway (±255,656 VPD)
• High average household incomes over $127,000 in a 1 mile radius
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