November 17, 2024 9:16 am
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Rose Law Group

Lee & Associates brokers 2 retail investment deals for $27.4 Million

Anthem Marketplace
Anthem Marketplace

Arizona RealEstateRama

(News release)

Two separate shopping center transactions have sold for a combined $27.4 million.

Anthem Marketplace, a 113,293 SF Safeway Food and Drug anchored neighborhood shopping center located in the prestigious master planned community of Anthem in north Phoenix was sold for $23.3 million. Price per square foot was calculated at $205.66.

The property, which is 89% occupied is located at the Southwest Corner of Anthem Way and Gavilan Parkway in Anthem. The center is anchored by Safeway Food and Drug, KinderCare, Leslie’s PoolMart, Subway, Papa Murphy’s, Edward Jones and State Farm.

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