Fountain Hills Plaza_Property for Sale
Fountain Hills Plaza_Property for Sale
16605 E Palisades Blvd, Fountain Hills, AZ, 85268-3716, US

Fountain Hills Plaza

Asset description

JLL has been engaged as the exclusive advisor to extend to qualified investors the opportunity to acquire the fee simple interest in Fountain Hills Plaza (the “Property”), a 111,284 square foot Bashas’-anchored shopping center in Fountain Hills, AZ. The property is located at the southwest corner of Palisades Boulevard and La Montana Drive. Situated in the affluent Fountain Hills submarket, it is part of a master-planned community with over 11,000 households. The average household income in the area is over $150,000, and 51% of the population holds a bachelor’s degree or higher. The property spans approximately 10.02 acres and includes an undeveloped pad measuring 7,000 square feet. Situated on La Montana Drive, this pad presents a unique opportunity for retail development, whether considering a multi-story building or quick service user. Fountain Hills Plaza presents the rare opportunity to acquire a grocery anchored neighborhood center with multiple value-add components.

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Attributes

Building area net
10,339 sm
Occupancy
92%
Year built
1988
Land area net
4.05 ha

Media

Investment highlights

  • Resilient Grocery and Home Improvement Anchors
  • Opportunity for Value Creation
  • Attractive Surrounding Demographics
  • Development Opportunity
  • National Brand Co-Tenants
  • Property To Be Delivered Free And Clear
Fountain Hills Plaza 4_Property for Sale

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Fountain Hills Plaza (0 Properties)

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Last updated
Mar 11, 2024