Deer Valley Times, September 2020

Page 4

City Ci ty NNeews Happy Valley Crossroads Development Updates; Space Still Available for Businesses and Investors HAPPY VALLEY CROSSROADS IS LOCATED AT THE NORTHWEST CORNER OF HAPPY VALLEY ROAD AND 17TH AVENUE. The property is being developed by Red Hawk Development and consists of an 8,754 square foot retail center currently under construction and is 68% preleased to Mr. Mesquite Taqueria, Happy Feet Salon, and Pigtails & Crewcuts. The retail center is adjacent to The Learning Experience, which enrolls 200 children, creating a high demand for children’s services.

Additional retail, restaurant and medical space plus medical/office condos will be available. In addition, 2.4 acres of fully improved C-2 land can be purchased or an investor can purchase half of the 2.4 acres. Happy Valley Crossroads is across the street from the Norterra development with 1,200 single family homes and 900 multi-family units plus office space

and a hotel. The property is less than a mile from the I-17 Interchange and USAA Corporate Campus with 3,000 employees. The Shops at Norterra and Happy Valley Towne Center are also less than a mile away. Contact Jerry Robers at Triple Net America at 602-770-7725 or jerry@nationalnnn.com for leasing information on the retail center and information on the available 2.4 acres.

HAPPY VALLEY CROSSROADS

NWC HAPPY VALLEY RD & 17TH AVENUE Phoenix, AZ | Shops and Office Space Available for Lease Retail / Restaurant / Medical Available for Lease | Medical/Office Condos for Sale

Property Highlights ● Located across the street from the 400 acre Union Park Master Planned Community at Norterra with 1,200 single family homes, 900 multi-family units, 750,000 SF of additional office space and a hotel with approximately 150 rooms. ● Nearby USAA Corporate Campus with over 3,200 employees. ● Approximately 70,000 daytime employees in a 3 mile radius. ● Nearby Cigna campus has 1,700 employees. Proposed Cold Beers & Cheeseburgers

● I-17 Fwy Interchange less than a mile from subject property. ● Happy Valley Crossroads is a destination / neighborhood center. The Learning Experience enrolls 200 children with parents visiting the Learning Center twice a day equaling ±2,000 visits a week creating a high demand for children’s services.

Demographics

Traffic Counts ● Happy Valley: +20,000 VPD

● Population 1 Mile 2,548

3 Mile 42,334

5 Mile 147,262

● Dwelling Units 3 Mile 5 Mile 1 Mile 1,700 17,500 60,800 (4,000+ dwelling units under construction in a 1 mile) ● Daytime Population 3 Mile 70,000 ● Average Income 1 Mile $114,280

3 Mile $88,798

5 Mile $82,377

(26% of the 1 mile average income is over $150,000)

Jerry L. Robers Triple Net America 602-770-7725 jerry@nationalnnn.com

Jerry L. Robers Triple Net America

HAPPY VALLEY CROSSROADS

SUBJECT

602-770-7725 jerry@nationalnnn.com NWC HAPPY VALLEY RD & 17TH AVENUE Phoenix, AZ | Shops and Office Space Available for Lease Retail / Restaurant / Medical Available for Lease | Medical/Office Condos for Sale

US-60

1730 W. Under Construction

Current Tenants: Mr. Mesquite Happy Feet Salon Pigtails & Crewcuts

Proposed Cold Beers & Cheeseburgers

602.770.7725 | EMAIL: jerry@nationalnnn.com

4 • September 2020 • DEER VALLEY TIMES

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