Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

930 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

The Shops at Metro North 2737 W Thunderbird Rd

18,721 SF 100% Leased Retail Building Phoenix, AZ 85053 $9,190,784 CAD ($491 CAD/SF) 6.19% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Developable Pad Opportunity: Best Buy Shops features a developable outparcel opportunity on the north side of the parcel, valued at $1,200,000.
Value-Add Potential: Best Buy Shops offers significant value-add potential through the ability to lease ±3,900 SF of vacant space (20.83% of GLA), whi
Strong Traffic Counts: Best Buy Shops is subject to very high traffic counts with over ±51,000 VPD crossing Thunderbird Road and over ±214,900 VPD cro

Strong Shadow Anchors: Subject Property is shadow anchored by Best Buy on the east side of the center, and Lowe’s Home Improvement is on the west side
Jamba Juice Drive-Thru: Jamba Juice recently extended their lease for another 10 years, proving long-term commitment to the site and they were also ju
Excellent Demographics: There is a population of 411,302 residents earning an average household income of $81,077 within a 5-mile radius of the site.

Executive Summary

Broker of Record
Simon Assaf
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

18,721 SF

Building Class

Year Built

2007

Price

$9,190,784 CAD

Price Per SF

$491 CAD

Cap Rate

6.19%

NOI

$568,910 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.12

Lot Size

3.46 AC

Zoning

C-2, Phoenix - Commercial

Parking

176 Spaces (9.4 Spaces per 1,000 SF Leased)

Frontage

558 ft on W Thunderbird Rd

Amenities

Dedicated Turn Lane
Freeway Visibility

Pylon Sign
Restaurant

Signalized Intersection

Monument Signage

Space Availability

103/104
3,900 SF
Retail
In-Line
30 Days

2737 W Thunderbird Rd, Phoenix, AZ for sale Building Photo- Image 1 of 1 — Building Photo

Available (3,900 SF Demisable)

Space	Size	Space Use	Position	Available
103/104	3,900 SF	Retail	In-Line	30 Days

Size

3,900 SF

Space Use

Retail

Position

In-Line

Available

30 Days

1 of 1

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

PROPERTY TAXES

Parcel Number	149-23-021B	Improvements Assessment	$0 CAD
Land Assessment	$0 CAD	Total Assessment	$738,323 CAD

PROPERTY TAXES

Parcel Number

149-23-021B

Land Assessment

$0 CAD

Improvements Assessment