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TEXAS/SOUTHWEST NEWS
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AZ Neighborhood Center Traded in $7 Mil Deal

7/31/18

Goodyear Central Marketplace, a 61.1k sf neighborhood shopping center in Goodyear, AZ, sold for $7.04 mil ($115/sf). The property, located at 13530-13650 W. Van Buren, was purchased by Vancouver-based Dhir Capital LLC.

Anchored by 99 Cents Only, Goodyear Central Marketplace sits on a 7.45-acre site. Built in 2006, the center is strategically located at the northwest corner of Van Buren St and Central Ave, and is currently 91.1% leased to a variety of tenants including BPL Plasma, Hertz, a diner, a nail and day spa, and a barber shop.

Chris Hollenbeck of Cushman & Wakefield Phoenix represented the seller, 6601 Convoy Ct LLC, an entity formed by CIRE Equity of San Diego, in the transaction.






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