8279 West Lake Pleasant Parkway

Peoria, AZ 85382

Listing ID: 197709
$3,200,000
For Sale
  • Property Type Retail : Shopping Center
  • Lot Size Acres 2.730
  • Building Sq Ft 15,683
  • Building Price per Sq Ft $204.04
  • Land Sq Ft 118,918
  • Land Price per Sq Ft $26.91
Description

Description

Avison Young is pleased to present for sale, Fletcher Heights Plaza at 8267-8279 W. Lake Pleasant Parkway. This attractive property, situated directly North of Beardsley Road in the heart of Fletcher Heights master-planned community, is surrounded by residential neighborhoods and is less than a mile from Loop-101 with easy access to Metro Phoenix.

The retail sites for sale consist of two buildings: a 2,267 sq ft building occupied by 10Yr+ tenant Cousin Vinny’s Pizza and Pasta restaurant and a multi-tenant strip center. These are part of a larger project that includes two additional strip centers, a Wells Fargo Bank branch, a Montessori preschool, and a jewelry/showroom.

Three available monument signs direct attention to multiple destination businesses within the center including a notable Brewery; a hair salon; Crossfit; and United Kung Fu studio (a tenant since 2011). The plaza maintains a good tenant mix servicing an upscale area and, at below-market rates, presents an excellent buying opportunity.

Highlights

Silicone roof coating (2019)

Newly sealed, coated, and striped parking lot

LED light conversion in parking lot and exterior lights

Minutes from the Loop 101 Freeway and Beardsley Road

Strong demographics

Close proximity to restaurants, shopping, activities, and schools

Parking: 5/1,000 sf

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population12,70488,674205,537
Population Median Age384343
Population by Age0-9 Yrs1833 (14%)9445 (10%)20899 (10%)
10-19 Yrs1745 (13%)10941 (12%)24911 (12%)
20-29 Yrs1295 (10%)9515 (10%)22526 (10%)
30-39 Yrs1506 (11%)8872 (10%)21315 (10%)
40-49 Yrs1884 (14%)11535 (13%)25084 (12%)
50-59 Yrs1708 (13%)12694 (14%)28994 (14%)
60-69 Yrs1446 (11%)11503 (12%)27355 (13%)
70+ Yrs1287 (10%)14169 (15%)34453 (16%)
Median HH Income$84,780$75,256$72,149
Total Household Income< 24K418 (9%)4344 (12%)10715 (13%)
25-49K670 (14%)6328 (18%)16005 (20%)
50-74K879 (19%)6411 (18%)14462 (18%)
75-99K758 (16%)5104 (14%)12016 (15%)
100-199K1499 (33%)9609 (28%)20836 (26%)
200K+303 (6%)2476 (7%)5264 (6%)
Highest Education LevelNo Diploma40031427974
Diploma or GED18331489237139
Some College18841583839329
Assoc. Degree972630114281
Bachelors Degree24201511432024
Higher Degree1070850818450
Total Housing Units5,02738,67589,093
--Owner-Occupied3,55225,46659,936
--Renter-Occupied9748,80619,360
Owner-Occupied Values< 100K488754038
100-199K453465915841
200-299K1793998019717
300-399K913601311732
400-499K18722924913
500K+15916473695
Total Working Age Population9,75472,453169,443
In Work Force6,45343,22298,688
Not In Work Force3,30129,23170,755
Workforce Employed6,18541,33793,662
Workforce Unemployed2651,7674,705
Civlian Workforce6,45043,10498,367
Military Workforce3118321
Total Households4,52734,27279,297
Family Households3,33623,65253,862
Non-Family Households1,19110,62025,435
Married Couple2,60919,44043,596
Other Family7274,21210,266
Married w/Child1,1196,85514,422
Single Male w/Child1178651,903
Single Female w/Child3091,1692,813

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Arizona5,130,632+256,392,017+147,286,100+148,284,900
Maricopa County3,072,149+243,817,117+164,436,900+155,107,700

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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