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This multi-tenant retail property presents an exceptional investment opportunity in the heart of the ''Miracle Mile.'' The property is situated near the I-10 & SR-51 freeways on McDowell Rd, providing exceptional access and exposure. A new multifamily development, ''The Governor,'' is located across the street and is set to invigorate the neighborhood. This influx of new residents is expected to drive foot traffic and increase demand for retail services, making this property an ideal location for growth. Current tenants have short-term leases, offering a strategic advantage for the new owner to renegotiate and capitalize on increasing market rents. As Miracle Mile continues its transformation, this property stands out as a key player in the area's commercial revitalization.

PROPERTY FEATURES

Electric : Other (See Remarks)
Parking Features: Other (See Remarks), Paved Parking
Fencing : See Remarks
Cooling: See Remarks Heating : See Remarks
Construction Materials: See Remarks

PROPERTY DETAILS

Street Address: 1718-1726 E McDowell Road
City: Phoenix
State: Arizona
Postal Code: 85006
County: Maricopa
MLS Number: 6763256
Year Built: 1953
Courtesy of R.O.I. Properties

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