Site Centers Corp Sold Deer Valley Towne Center In Phoenix For $33.7M
2805 Agua Fria Freeway
$33,700,000
$81/SF
Building Size
414,708 SF
Asset Type
Retail
Closing
Aug 4, 2025
AI
The retail property located at 2805 Agua Fria Freeway in Phoenix, AZ, recently sold for $33,700,000. The asset encompasses a total square footage of 414,708, equating to a price per square foot of $81.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $33,700,000
- Seller: Site Centers Corp.
- Square Footage: 414,708
- Sale Date: 08/04/2025
- Market: Phoenix, AZ
- Price per Square Foot: $81
Site Centers Corp. executed the sale of this property as part of a broader strategy, having sold additional assets including Winter Garden Village in Orlando for $165M, contributing to total recent dispositions exceeding $319M within two months.
Players
Phoenix Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93