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INVESTMENT HIGHLIGHTS
- 100% Occupancy with Daily-Needs, Service-Oriented Tenancy: Property is fully leased across 40,824 SF with a diversified mix of tenants.
- Built-In Demand from Immediate Residential Density: The asset is horizontally integrated with 268 adjacent multifamily units.
- Modern Construction with Scaled, Institutional-Quality Layout: Built in 2009, the property avoids most major deferred-maintenance
- Attractive In-Place Yield at a Clean 6.00% Cap: Offered at $13.4M on $799,612 of in-place NOI or 6.00% cap rate.
- Long-Term Market Tailwinds in One of the Fastest-Growing U.S. Cities: Goodyear sits in Metro Phoenix—one of the strongest population and employment.
EXECUTIVE SUMMARY
Kidder Mathews is pleased to offer qualified investors the opportunity to acquire the 100% fee-interest in the Shops at Serafina. This offering represents a unique opportunity to acquire a quality constructed asset with a tenant roster comprised of desirable service-based tenants. The Shops at Serafina consists of a three (3) building, 33,600 SF multitenant retail, and second-floor, six (6) unit, 7,224 SF multi-family, a total of +/-40,824 development located on +/-4.26 acres.
This property is located just north of spring training facilities for Indians and Reds, across the street from Goodyear Recreation Center and Basis Goodyear, one of the highest-ranking charter schools in the nation, and high-density multi-family and single family residential. The property is a horizontally integrated retail and residential development, with both retail and adjacent to 268 residential units developed by Fairfield Residential. There are also six lofts above the retail storefronts. Located in Metro Phoenix, the country’s #2 workforce market, Goodyear is one of the fastest growing cities in the United States. The location, transportation assets, abundant land, high-capacity power and fiber, and lower cost environment combine to create strategic opportunities for business.
This property is located just north of spring training facilities for Indians and Reds, across the street from Goodyear Recreation Center and Basis Goodyear, one of the highest-ranking charter schools in the nation, and high-density multi-family and single family residential. The property is a horizontally integrated retail and residential development, with both retail and adjacent to 268 residential units developed by Fairfield Residential. There are also six lofts above the retail storefronts. Located in Metro Phoenix, the country’s #2 workforce market, Goodyear is one of the fastest growing cities in the United States. The location, transportation assets, abundant land, high-capacity power and fiber, and lower cost environment combine to create strategic opportunities for business.
PROPERTY FACTS
| Price | £10,018,644 | Number of Properties | 3 |
| Price psf | £245.41 / sq ft | Individually For Sale | 0 |
| Yield | 6% | Total Property Size | 40,824 sq ft |
| Sale Type | Investment | Total Land Area | 4.26 ac |
| Status | Active |
| Price | £10,018,644 |
| Price psf | £245.41 / sq ft |
| Yield | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Property Size | 40,824 sq ft |
| Total Land Area | 4.26 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Bldg 1
15450 W Goodyear Blvd, Goodyear, AZ 85338 |
Retail | 13,608 sq ft | 2009 | - |
|
Bldg 2
725 S Estrella Pky, Goodyear, AZ 85338 |
Retail | 13,608 sq ft | 2009 | - |
|
Bldg 3
725 S Estrella Pky, Goodyear, AZ 85338 |
Retail | 13,608 sq ft | 2009 | - |
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MATTERPORT 3D TOUR
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Shops at Serafina
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