US - Lubbock, TX
IDR 150,717,073,000 | 6,548 m²
Jones Lang LaSalle Americas, Inc. (“JLL"), a licensed real estate broker, has been exclusively retained to offer qualified investors the opportunity to acquire Village Shops (the “Property”), a 13,982 square foot multi-tenant retail center located at the southwest corner of 12th Street and Glendale Avenue in Phoenix, AZ. The Property is currently 100% occupied to a diverse mix of tenants including medical, restaurants and service-oriented retailers highlighted by anchor Fortune 500 company UnitedHealth Group, Inc. (NYSE: UNH). Conveniently located ± 1.5 miles from Highway 51, Village Shops offers unmatched frontage along Glendale Avenue and direct exposure to 43,400 cars per day. The Property caters towards the Uptown Phoenix and Biltmore residential communities and has an average household income of $104,000+ within a 1-mile radius. Village Shops offers investors the opportunity to acquire a well-located multi tenant strip center with a strong, credit anchor and direct access to consumers in Phoenix’s highly desirable retail submarket.