Superstition Springs Center
6737 East Baseline Road, Mesa, AZ, USA
Cushman & Wakefield Retail Investment Advisors, as exclusive advisor, is pleased to present the opportunity to acquire Superstition Springs Center (the “Property”). Superstition Springs Center is anchored by Savers and Petco (NASDAQ: WOOF) and is conveniently located at the southwest corner of Power Road and Baseline Road in Gilbert, Arizona.
This 91,982 square foot shopping center sits on approximately 10.8 acres of land and is located in the affluent city of Gilbert. The Property offers six points of ingress and egress and visibility to nearly 50,000 vehicles daily.
The Property is currently 93.5% leased, to a diverse ‘daily-needs’ tenant mix. In addition to the Savers and Petco anchors, other anchor tenants include 99 Cents Only and Goodwill (both NAP), Phenix Salon Suites, Sherwin Williams, Wingstop, Pizza Hut, Liberty Tax and Salon Centric to name a few. Pima Medical Institute also occupies 7,750 square feet of space with two buildings, both on separate parcels.
The demographics surrounding Superstition Springs Center are ideal for this daily-needs shopping center, with an estimated population of 103,562 earning an average household income of $97,391 residing within a three-mile radius of the Property. That population is expected to exceed 105,548 earning an average household income of $116,443 by 2027.
Property Summary
| Site Area | 10.80 acres |
| Year Built | 1998 | 2005 |
| GLA (SF) | 91,982 SF |
| Anchor | Savers, Petco |
| Occupancy | 93.5% |
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