Description
Golden Plaza (220 E Southern Ave) presents a compelling opportunity as a heavy-value add retail strip center in a South Phoenix Opportunity Zone. The property is situated close to the forthcoming Light Rail expansion and benefits from increased accessibility and economic growth. Boasting a diverse tenant mix on short-term leases, this value-add deal is further enhanced by its spacious 1.62- acre lot, offering ample parking at a rate of 4.40 spaces per 1,000 square feet. By implementing targeted capital improvements, this center has the potential to transform into a high-performing asset.
Location
The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the g. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 29th November, 2023 5:04 PM (UTC)
Listing Office: R.O.I. Properties
