Contacts
Adam Friedlander
Beta Agency
(310) 766-5205
Richard Rizika
Beta Agency
(310) 430-7790
Property Details
- Property Type Retail
- Property Size 50,394 SF
- Lot Size 5.49 Acre
- Parking Spaces Avail. 244
- Parking Ratio 4.84 / 1,000 SF
- Date Updated Apr 1, 2024
Beta Agency and Velocity Retail Group are pleased to present for sale a two-tenant retail investment located at 409 N Litchfield Rd., Goodyear, AZ. The property is occupied
by both Big Lots and Planet Fitness, anchor tenants to Palm Valley Crossing Center. Big
Lots has occupied the center since 2009 and signed a 10-year lease renewal to commence in 2024. In 2022 Planet Fitness signed a new 10 year lease at the location for
22,235 SF. In addition to the two leases, EVgo charging station signed a 10 year lease in
2021. Big Lots and Planet Fitness are paying below market rents of $9.72 psf and $11.04
psf annually.
This property offers an investor a stable income stream accompanied by conservative
rents from both a long operating history at the property by Big Lots and a new lease
executed by Planet Fitness. Extensive renovations have been made to the building over
the years, including a Big Lots exterior façade update and tenant improvements performed by Planet Fitness.
Palm Valley Crossing Center is located at the Northeast corner of N Litchfield Rd. and W
Van Buren Street. The shopping center is located just 0.5 miles South of the 10 Freeway.
Goodyear, AZ is approximately 18 Miles West of Phoenix. The city of Goodyear, AZ is located within Maricopa County, a suburb of Phoenix. The 2020 consensus had a population of 95,294 people. The city is home to the Goodyear Ballpark, where the Cleveland
Guardians and Cincinnati Reds of Major League Baseball hold spring trainin
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
-
47/100
Walk Score ®
-
56/100
Bike Score ®
Location
- City Goodyear, AZ
- Neighborhood Goodyear Estates
- Zip Code 85338
- Market Phoenix
Points of Interest
-
Bumstead
8.46 miles
-
Circle K
0.08 miles
-
Circle K
0.51 miles
-
Circle K
0.62 miles
-
QuikTrip
0.96 miles
-
Chevron
1.19 miles
-
Shell
1.33 miles
-
QuikTrip
2.13 miles
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Fry's
2.19 miles
-
QuikTrip
2.97 miles
-
Circle K
3.12 miles
-
Goodyear Park and Ride
1.04 miles
-
Lot F
2.07 miles
-
Lot C
2.11 miles
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Lot E
2.11 miles
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Lot G
2.22 miles
-
Lot B
2.23 miles
-
Lot A
2.28 miles
-
Lot H
2.33 miles
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Avondale Park and Ride
3.12 miles
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Faculty Parking
3.76 miles
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Schlotzsky's
0.03 miles
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Burger King
0.04 miles
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Arby's
0.08 miles
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Angry Crab Shack
0.08 miles
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Little Caesars
0.12 miles
-
Taco Bell
0.15 miles
-
Rudy's Country Store & Bar-B-Q
0.30 miles
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Church's Chicken
0.40 miles
-
Wendy's
0.56 miles
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Cracker Barrel
0.58 miles
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Big Lots
0.10 miles
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Target
0.84 miles
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Walmart Supercenter
1.27 miles
-
Fry's Food and Drug
1.36 miles
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Kohl's
1.54 miles
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Sprouts Farmers Market
1.59 miles
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ALDI
1.96 miles
-
Safeway
2.09 miles
-
Walmart Supercenter
2.21 miles
-
Safeway
2.28 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
