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14537 W GRAND AVE Surprise AZ 85374-8649

[Locked] • APN 503-61-186

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Details
Property Type Retail
Sub Type Restaurant, Shopping Center
Building SqFt 54,165
Lot SqFt 307,652
Acreage ******
Number of Units 3
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code PAD
Year Built 2005
Building Count 2
Opportunity Zone No
Sale NOI ******
Sale Cap Rate ******
Lease Rate ******

Property History

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Activated On
10/21/2025 19:20:58
Sold Price
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Description
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Investment Highlights
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Tenancy
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Tenant Credit Profile
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Occupancy
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Brokers
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Lease Type
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Sale Cap Rate
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Sale Net Operating Income
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Price/Sq Ft
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Asking Price
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Asking Cap Rate
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Asking Price Per Square Foot
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Days on Market
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Brokerage(s)
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Rent Bumps
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Property Type
Property Type
Retail
Property Subtype
Restaurant, Shopping Center
Asking Details
Asking Cap Rate
******
Investment Highlights

INVESTMENT HIGHLIGHTS

  • Necessity-based retail and internet resistant tenants with staggered lease terms providing security to future investor

  • 97% leased to a diverse mix of tenants including Elevate Trampoline Park, One Stop Tile Shop, PurTone Hearing Centers, Fuzzy’s Sports Grill, Little Sicily Pizza, U.S. Barbers and more

  • New long-term lease with anchor tenant Elevate Trampoline Park

  • Compounding income growth, with most tenants having scheduled rent increases through the primary terms and option periods

  • Unique opportunity to capitalize on below-market rents with the prospect of enhancing yields and securing long-term value

  • Well-maintained property with recent improvements including parking seal coat and striping and all new landscape upgrades

LOCATION HIGHLIGHTS

  • Exceptional access and visibility just south of U.S. 60, with ±37,852 VPD, on the hard corner of Reems Road, with ±25,909 VPD, and Mountain View Boulevard

  • Located in one of the highest growth areas in Arizona, Surprise has seen its population grow over 423% since 2000

  • High income area with an average household income of nearly $109,000 within a 5-mile radius

  • Located across from Banner Del Webb Medical Center with ±404 beds and ±1,654 employees

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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PAD PlannedPlanned Area Development
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Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Sold on
 BY:
JS
John Schweikert PRO
•••.•••.7218
•••••••kert@••••••••.com
Brokerage logo
Sold on
 BY:
CT
Chad Tiedeman PRO
•••.•••.3472
•••••eman@••••••••.com
Brokerage logo

Map

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