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AZ Sunrise Promenade 2160x1140 8

Southwest

Sunrise Promenade

W Happy Valley Rd & N Lake Pleasant Pkwy, Peoria, Arizona

Project Type

Retail

Project Size

8 acres

Status

Operating

MSA

Phoenix

About the market

Space Available

Sunrise Promenade is located at Lake Pleasant Pkwy and Happy Valley Road in Peoria, AZ., an extremely affluent suburb in greater Phoenix. Lake Pleasant Pkwy and Happy Valley Rd is the most dominant intersection within the Peoria submarket.

This Aldi anchored development will include small shop space varying from ± 1,200sf to 5,000sf, outlots for ground lease, build-to-suit, or a mini anchor at ± 25,000sf and a multifamily component.

Sunrise Promenade is surrounded by regional and national retailers, including Target, Kohl’s, Bed Bath & Beyond, Marshalls, Beall’s Outlet, Frye’s, Lowe’s Home Improvement, Starbucks, Michaels, and PetSmart to name a few. The retail at this intersection of Lake Pleasant Pkwy and Happy Valley Rd. creates a regional draw, and significant traffic counts for the subject property.

Household incomes are impressive at over $109,000 within a 5-mile radius and a population of more than 150,000 people. Household incomes grow considerably within a 1-mile radius of over $186,000.


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Demographics

2020 Estimated Population

Radius Total Population Daytime Population
1 mile 3,068 3,508
3 mile 49,567 8,281
5 mile 150,626 26,372

2020 Estimated Household Income

Radius Average HHI Median HHI
1 mile $186,098 $108,918
3 mile $138,616 $102,040
5 mile $109,187 $89,390

Current Tenants

Aldi black Bennigans OTF Logo Black Rock Coffee Bar logo Club pilates black Sherwin williams black Yoga6 K Wow Wow Lemonade Stand Jabz Logo K Pearle vision logo 2013 Pacific Dental Services

Contact Us

Looking for a great location or space? We want to hear from you.

Our team is available to answer your questions or direct you to the correct contact for your development needs. Please fill out the form below and we will be happy to assist you.

Jake Heims

Jake Heims

Director, Retail Sales and Leasing

602-313-8636