- Shadow anchored by Albertsons (NAP, but occupied since 1994), the Shops at Desert Springs is 100% leased to nine (9) retail, restaurant and service-oriented tenants
|
- Five (5) tenants have occupied 79% of the GLA for eight (8) years or more
|
- Located at a hard corner, signalized intersection, shadow anchored by the trade area’s dominant grocery store, the Shops at Desert Springs benefit from high visibility, ease of access, and exceptional traffic (±68,000 vehicles per day) during all times of the day
|
- Current lease rates at the project average just $18.26 PSF per year providing the opportunity to capture future rental increases and maintain high occupancy compared to competing projects
|
- Christie’s Appliance (±8,444 SF) has been at the property more than 11 years and Casey’s Hallmark (±4,776 SF) for nearly 15 years
|
- Directly across from the Foothills Mall, a ±511,000 SF regional mall featuring over 90 retailers including: Ross, Saks Fifth Avenue OFF 5th, Old Navy Outlet, Nike Outlet, Party City, buybuy Baby, Barnes & Nobel, AMC Theaters, American Eagle, Aeropostale, GameStop, Applebee's, Melting Pot and others
|
No comments:
Post a Comment