By Real Estate Daily News
Harvard Investments officially closed on a 1.74-acre parcel for a new Circle K at its master-planned community of Verde Trails, located at the SWC of Broadway Road and 107th Avenue in Avondale, Arizona.
The site will feature a one-story Circle K convenience store along with fueling stations, marking a significant milestone in the commercial development of Verde Trails.
This Circle K represents the first closing for four commercial parcels within Verde Trails and is expected to serve as a catalyst for future development across the remaining three parcels. Its strategic location on a hard corner and proximity to residential neighborhoods positions it as a key amenity for the growing community, enhancing both convenience and connectivity.
As part of the development agreement, Harvard Investments will install offsite right-turn lanes to improve access into the commercial area, along with limited onsite improvements to support utility infrastructure and site accessibility. These enhancements will help pave the way for future commercial tenants and services.
