Shopping Strip

Fry's (Kroger) Anchored Shops

10410 N 35th Ave, Phoenix, AZ 85051

Listing Price: $4,480,000

Cap Rate
6.50%
Gross SF
11,818
Rentable SF
11,818
Price/Gross SF
$379.08
Lot Size
0.94 acres
Year Built
2006

Investment Overview

The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. Since 2000, the population in the metro increased by more than 38 percent. The largest city is Phoenix, which encompasses about 520 square miles, is the capital city and boasts a population of more than one and a half million. As one of the primary beneficiaries of the massive shift in the U.S. population from north to south, the Phoenix metro has had little difficulty finding workers. Phoenix claims five Fortune 500 headquarters, including Freeport-McMoRan, Republic Services, Insight Enterprises, Avnet and PetSmart. Construction, high-tech manufacturing, healthcare and tourism dominate the Phoenix economy. The local economy has strengthened since the recession, with retail sales projected above eight percent this year and hotel occupancy levels rising.

Investment Highlights

  • 100 Percent Occupied with Diverse Tenant Profile
  • Dense Infill Location in Phoenix, 440,624 Residents within a Five-Mile Radius
  • All Personal and/or Corporate Guaranteed Leases
  • Anchored by Fry's Food & Drug
  • High Traffic Location, Visible to 29,930 Cars Per Day Along North 35th Avenue and Over 73,600 Cars Per Day at Intersection
  • Surrounded by Major National Retailers - Planet Fitness, Goodwill, Fry's

Exclusively Listed By

Shopping Strip

Fry's (Kroger) Anchored Shops

Listing Price: $4,480,000

Cap Rate
6.50%
Gross SF
11,818
Rentable SF
11,818
Price/Gross SF
$379.08
Lot Size
0.94 acres
Year Built
2006

Investment Highlights

  • 100 Percent Occupied with Diverse Tenant Profile
  • Dense Infill Location in Phoenix, 440,624 Residents within a Five-Mile Radius
  • All Personal and/or Corporate Guaranteed Leases
  • Anchored by Fry's Food & Drug
  • High Traffic Location, Visible to 29,930 Cars Per Day Along North 35th Avenue and Over 73,600 Cars Per Day at Intersection
  • Surrounded by Major National Retailers - Planet Fitness, Goodwill, Fry's

Investment Overview

The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. Since 2000, the population in the metro increased by more than 38 percent. The largest city is Phoenix, which encompasses about 520 square miles, is the capital city and boasts a population of more than one and a half million. As one of the primary beneficiaries of the massive shift in the U.S. population from north to south, the Phoenix metro has had little difficulty finding workers. Phoenix claims five Fortune 500 headquarters, including Freeport-McMoRan, Republic Services, Insight Enterprises, Avnet and PetSmart. Construction, high-tech manufacturing, healthcare and tourism dominate the Phoenix economy. The local economy has strengthened since the recession, with retail sales projected above eight percent this year and hotel occupancy levels rising.

Exclusively Listed By

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