Overview

Description

Long-term ground leased Commercial land for sale.

The subject property is located north of Shea Blvd. in the North 32nd St. neighborhood. This area is just off the 51 Freeway and is in an area that the city of Phoenix would like to see redeveloped (see the City of Phoenix Redevelopment Map). Recent redevelopment projects in the area are the View 32 Apartment complex, Press Coffee, Shadow Mountain Memory Care, Tap House Restaurant, Life Storage, and a new Starbucks will be built at the NEC of the intersection. The average household income within 1 mile is over $110,000 per year and the area has multiple high-rated schools such as Desert Cove Elementary School, Mercury Mine Elementary School, Shea Middle School, and Shadow Mountain High School.

This intersection has had the most community interest since the working group was formed. With its southern location within the corridor, it serves as the gateway to North 32nd. The intersection is in close proximity to the Phoenix Mountain Preserve, has two points of access to State Route 51 from Shea Boulevard and North 32nd Street, and also is home to the Dreamy Draw Park-and-Ride. The results of the mapping exercise indicate that the community mostly favors redevelopment and change color (purple). Support is indicated for the repurposing of the right-of-way that could include improvements such as resurfacing, bike lanes, or additional landscaping.

N/NWC 32nd St & Shea Blvd.

Highlights

• Two points of access to State Route 51
• Avg. household income within 1 mile is over $110,000
• Close proximity to the Phoenix Mountain Preserve

Documents

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