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2805 Agua Fria Freeway

Site Centers Corp Sold Deer Valley Towne Center In Phoenix For $33.7M
SOLDRetail

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