Maricopa Marketplace

Location: Maricopa, AZ
Type: Retail
Price: $5,030,000

SMC has provided a $5,030,000 ten-year fixed rate mortgage for the acquisition of Maricopa Marketplace, 38,877 SF retail center located in Maricopa, Arizona. The Property is adjacent to a 102,000 SF, corporate owned Fry’s Marketplace, a subsidiary of The Kroger Company. Maricopa Marketplace is centrally located in the region, approximately 30 miles south of the Phoenix CBD, along one of the region’s main retail corridors. It is located adjacent to a Fry’s Marketplace at the southeast corner of John Wayne Parkway and West Smith Enke Road. Built in 2005, the property is currently 96.4% leased to a mix of national, regional and local tenants.