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Case Study:

Pad to Arrowhead Towne Center

Glendale, AZ

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The Hanley Investment Group Advantage

  • Procured 1031 Exchange Buyer Based in Southern California

  • Generated Multiple Qualified and Competitive Offers

  • HIG was 2nd Broker to Formally List Property

  • Overcame One of the Four Tenants Announcing Closing the Store 1 Week Before Close of Escrow

  • Achieved Record Price PSF for a Multi-Tenant Pad Sale in the Phoenix-Metro Area

Sale Specifics

  • Four-Tenant Retail Pad Leased to The Habit Burger Grill, Tempur-Pedic, Pearle Vision, and Blaze Pizza

  • Shadow Anchored by the Highest Volume Regional Mall in Arizona (10.8 Million Annual Visitors)

  • High Traffic Signalized Hard Corner Location; 50,000 CPD

The Hanley Investment Group Advantage

  • Procured 1031 Exchange Buyer Based in Southern California

  • Generated Multiple Qualified and Competitive Offers

  • HIG was 2nd Broker to Formally List Property

  • Overcame One of the Four Tenants Announcing Closing the Store 1 Week Before Close of Escrow

  • Achieved Record Price PSF for a Multi-Tenant Pad Sale in the Phoenix-Metro Area

Sale Specifics

  • Four-Tenant Retail Pad Leased to The Habit Burger Grill, Tempur-Pedic, Pearle Vision, and Blaze Pizza

  • Shadow Anchored by the Highest Volume Regional Mall in Arizona (10.8 Million Annual Visitors)

  • High Traffic Signalized Hard Corner Location; 50,000 CPD