Investment Overview

Corona del Sol Plaza is a 34,644 square foot community retail center strategically positioned at the signalized hard corner of Ray and Rural Roads, one of Chandler’s most established and highest-traffic intersections. Anchored by EOS Fitness (38,253 SF, leased through 2035) and Goodwill (23,925 SF), the center draws consistent daily traffic and benefits from national co-tenancy including Starbucks, Burger King, Subway, UPS Store, and Angie’s Lobster. With 606 feet of frontage on Ray Road and visibility to nearly 50,000 vehicles per day, the property enjoys an excellent location score of 87 and a walk score of 75. The remaining ±4,000 square foot end-cap vacancy presents a rare lease-up opportunity in a highly sought-after corridor, where average asking rents range from $22 to $27 NNN per square foot, competitive with peer properties in the submarket. The trade area surrounding the property is both dense and affluent, with more than 283,000 residents within five miles and average household incomes exceeding $154,000 within one mile. The area’s $9.5 billion in retail buying power within five miles and daytime employment base of 357,600 workers further strengthen tenant demand. Supported by Intel’s nearby 11,000-employee campus and ongoing East Valley growth, Corona del Sol Plaza is well positioned to outperform. The center’s current vacancy rate of 11.5% is significantly below the peer average of 25.2%, underscoring the strength of this location and offering investors and tenants alike an attractive blend of stability and upside potential.