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Golden Plaza (220 E Southern Ave) presents a compelling opportunity as a heavy-value add retail strip center in a South Phoenix Opportunity Zone. The property is situated close to the forthcoming Light Rail expansion and benefits from increased accessibility and economic growth. Boasting a diverse tenant mix on short-term leases, this value-add deal is further enhanced by its spacious 1.62- acre lot, offering ample parking at a rate of 4.40 spaces per 1,000 square feet. By implementing targeted capital improvements, this center has the potential to transform into a high-performing asset.

PROPERTY FEATURES

Water Source : City Franchise Sewer Source : Public Sewer Electric : APS
Parking Features: Paved Parking, Free Parking Total: 74
Zoning: C-2
Cooling: Central A/C, See Remarks Heating : Other, See Remarks
Construction Materials: Block

PROPERTY DETAILS

Street Address: 220 E SOUTHERN Avenue
City: Phoenix
State: Arizona
Postal Code: 85040
County: Maricopa
MLS Number: 6585376
Year Built: 1999
Courtesy of R.O.I. Properties

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