Skip to main content

Shopping Regional

Chandler Pavilions Casa Paloma Retail

845 N 54th St, Chandler, AZ 85226

Listing Price: $6,665,000

Gross SF
33,496
Rentable SF
33,496
Price/Gross SF
$198.98
Lot Size
2.83 acres
Year Built
2000

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire, free and clear, a desirable 33,496 square-foot retail asset. The property is irreplaceably located in an affluent trade area and at one of the popular upscale shopping destinations in the Phoenix MSA; Chandler Pavilions and The Shoppes at Casa Paloma. The subject is a premier big-box anchor site located in Chandler Pavilions regional shopping center, located on the I-10 Freeway at the Ray Road and 54th Street intersection (150,000 VPD). It is strategically located adjacent to the Phoenix Coyotes hockey team's Chandler Ice Den location, a world-class 80,000 SF indoor ice rink facility that draws patrons from all over the MSA. The new Loop 202 South Mountain Freeway offers increased easy access to the destination from the West Valley. Phoenix Sky Harbor International Airport is just 11 miles away. The site is currently vacant. Previously used as a unique family entertainment center concept, the building recently had high-end renovations in 2018 to include a commercial kitchen and dining area. There is a 2,500 square feet vanilla shell suite built out. Cross-shopping dynamics within the center support a variety of potential uses. The lifestyle-oriented power center offers shoppers prominent national retailers, specialty stores, restaurants, and entertainment tenants. Notable nearby consumer draws to the area include Home Depot, Lowes, Sam's Club, Sportsman’s Warehouse, REI, Starbucks, Chipotle, BevMo!, In’-N-Out Burger, Z’Tejas Restaurant, Fleming’s Steakhouse, Pei Wei Asian Kitchen, Ulta Beauty, and AJ’s Fine Foods Grocery. The building enjoys a large parking field and includes a loading dock with a truck well in the back.

Investment Highlights

  • Top Trade Area Location, Chandler Pavilions Adjoining Upscale Shopping AJ's Fine Foods Grocery Anchored Shoppes at Casa Paloma.
  • Major Freeways I-10 (150,000 VPD) and Loop 202 Location, and Major Chandler Thoroughfare Ray Road Access and Exposure.
  • High Average Household Incomes (Above $100,000) in the Trade Area.
  • Strong Draw from a Variety of Popular National and Local Co-Tenants with Abundant Cross Shopping Opportunities.

Exclusively Listed By

Financing By

Shopping Regional

Chandler Pavilions Casa Paloma Retail

Listing Price: $6,665,000

Gross SF
33,496
Rentable SF
33,496
Price/Gross SF
$198.98
Lot Size
2.83 acres
Year Built
2000

Investment Highlights

  • Top Trade Area Location, Chandler Pavilions Adjoining Upscale Shopping AJ's Fine Foods Grocery Anchored Shoppes at Casa Paloma.
  • Major Freeways I-10 (150,000 VPD) and Loop 202 Location, and Major Chandler Thoroughfare Ray Road Access and Exposure.
  • High Average Household Incomes (Above $100,000) in the Trade Area.
  • Strong Draw from a Variety of Popular National and Local Co-Tenants with Abundant Cross Shopping Opportunities.

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire, free and clear, a desirable 33,496 square-foot retail asset. The property is irreplaceably located in an affluent trade area and at one of the popular upscale shopping destinations in the Phoenix MSA; Chandler Pavilions and The Shoppes at Casa Paloma. The subject is a premier big-box anchor site located in Chandler Pavilions regional shopping center, located on the I-10 Freeway at the Ray Road and 54th Street intersection (150,000 VPD). It is strategically located adjacent to the Phoenix Coyotes hockey team's Chandler Ice Den location, a world-class 80,000 SF indoor ice rink facility that draws patrons from all over the MSA. The new Loop 202 South Mountain Freeway offers increased easy access to the destination from the West Valley. Phoenix Sky Harbor International Airport is just 11 miles away. The site is currently vacant. Previously used as a unique family entertainment center concept, the building recently had high-end renovations in 2018 to include a commercial kitchen and dining area. There is a 2,500 square feet vanilla shell suite built out. Cross-shopping dynamics within the center support a variety of potential uses. The lifestyle-oriented power center offers shoppers prominent national retailers, specialty stores, restaurants, and entertainment tenants. Notable nearby consumer draws to the area include Home Depot, Lowes, Sam's Club, Sportsman’s Warehouse, REI, Starbucks, Chipotle, BevMo!, In’-N-Out Burger, Z’Tejas Restaurant, Fleming’s Steakhouse, Pei Wei Asian Kitchen, Ulta Beauty, and AJ’s Fine Foods Grocery. The building enjoys a large parking field and includes a loading dock with a truck well in the back.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower