The subject parcel is located less than a quarter mile west of the I-17 freeway. The property has frontage to Cactus road, which see over 30,000 cars per day in this particular area. There are more than 430,000 residents living within a 5 mile radius of this property, and population growth is expected to increase another 10% over the next five years. There are numerous amenities in the immediate area, and the property is located one mile north of the Metrocenter Mall, which will be undergoing its own redevelopment in the next several years.
The subject property consists of a R-O zoned 0.44 acre piece of land located in Northwest Phoenix. The northern portion of the property features 142 feet of direct frontage along Cactus Road. There is currently east west ingress egress for the property. Additionally, there are existing development plans and drawings in the Seller's possession that allow for a 4,000 square foot office building.