Marley Park Square
Multi-Tenant Retail Investment & Development Opportunity | Surprise, AZ
Marketing description
Vimeo Link: https://vimeo.com/1083667731?fl=pl&fe=ti
Lee & Associates Arizona is pleased to present Marley Park Square, a mixed-use retail offering at the signalized SWC of Litchfield Road & Waddell Road in Surprise, Arizona. The offering includes ±33,458 SF across four multi-tenant shop buildings plus a single-tenant drive-thru Chipotle pad. In total the project has 12 tenants and is currently 68% occupied, with improvements delivered 2020-2026, along with ±11.83 acres of improved, development-ready land with ±151,420 SF of current buildable area including a storage element
This is an opportunity to acquire immediate in-place income with significant future upside through phased retail buildout—supported by completed infrastructure and flexible pad configurations. The project benefits from over 40,000+ vehicles per day of exposure and a strong surrounding trade area with 215,809 residents within 5 miles.
Marley Park Square is currently being developed and is under construction on a portion of the property. The project contains a total ±151,420 SF of buildable square footage along with a 3.5 acre storage piece. This project is being offered as a portfolio which includes existing cash-flowing retail plus improved land proposed for retail and storage.
Investment highlights
RETAIL DEVELOPMENT WITH MULTIPLE INCOME STREAMS
Marley Park Square is a mixed-use, cash-flowing retail asset that combines stabilized multi-tenant shops, a single-tenant Chipotle pad, and development-ready land parcels. The offering allows investors to benefit from in-place income while unlocking future value through phased retail buildout and development opportunities.
PRIME CORNER LOCATION WITH HIGH TRAFFIC EXPOSURE
Situated at the signalized intersection of Litchfield and Waddell Roads, the site is exposed to over 40,000 vehicles per day and is surrounded by high income households averaging $129,162 (Avg. HH Inc.).
DEVELOPMENT-READY LAND WITH INFRASTRUCTURE IN PLACE
Substantial site work and infrastructure have already been completed, positioning the property for streamlined vertical development. Several pads are permit-ready, while others offer flexible configurations for retail and other users. The property’s design integrates landscaped walkways, retention areas, and park-like amenities.
ESTABLISHED RETAIL TRADE AREA WITH TOP PERFORMING STORES
The immediate trade area includes major anchors such as EOS Fitness, Safeway, Fry’s Grocery, Dunkin’, Walgreens; of which some are ranked as top performing chains nationally at the intersection (Placer.ai). The surrounding retail corridor is supported by over 215,000 residents within 5 miles.
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