June 1, 2020

The Gold Spot

Eisenberg Company, as exclusive representative, is pleased to present the extraordinary opportunity to acquire The Gold Spot (the “Property”), a historic ±12,578 square-foot neighborhood center located at 1003 North 3rd Avenue in Downtown Phoenix, Arizona, at the northwest corner of 3rd Avenue and Roosevelt. Built in 1925 and completely renovated in 2002, The Gold Spot is 80% leased to a complimentary collection of retailers, including Pita Jungle as the anchor tenant. The Property’s complimentary tenancy generates a high volume of consumer traffic and income, which are strengthened through superior access and visibility to the intersection. The Gold Spot is located in nationally recognized Roosevelt Row at the lighted intersection of Roosevelt and 3rd Avenue on the northeast corner. A Light Rail stop is located on Central Avenue, only a two minute walk from the Property. This Project represents a unique opportunity for an investor to acquire a 100% leased property in a very sought-after, unique submarket. The immediate area has gone through a complete revitalization and is located directly in the path of more new multifamily and residential communities currently under construction within walking distance in Downtown Phoenix. The Gold Spot has been meticulously maintained and is located one block south of the Interstate 10 Freeway.