With nearly 50 acres of space, Verrado Marketplace, a $125 million power retail center set to open west of Phoenix, one of the largest projects of its kind in the area since 2008, is set to feature major anchors like Target, Safeway, and a Harkins BackLot entertainment complex. Situated at the northeast corner of Interstate 10 and Verrado Way, the center serves as an entrance to the Verrado master-planned community in Buckeye, one of the fastest-growing cities in the country. This location is expected to become a key development hub, with significant construction activity on all four corners of the bustling transportation intersection. Additionally, the area is poised for further retail growth, with plans for an additional 500,000 square feet of retail space south of I-10, along with major hospital campuses nearby. The project aims to fulfill the retail needs of Buckeye’s expanding population while establishing the area as a retail destination in the West Valley.
Menu
More Information
Frequently asked questions
A full-service lease is a lease that has one, all-inclusive rental rate which includes both the base lease rate and the operating expenses combined into one figure.
A modified gross lease is a lease where the tenant pays base rent at the lease’s inception, but it takes on a proportional share of some of the other costs associated with the property as well, such as property taxes, utilities, insurance, and maintenance.
A triple net lease is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities.
Helpful blog posts
Menu
480.947.0600
