14081 W Grand Ave Surprise, AZ

This multi-tenant retail property is a fully stabilized investment, currently 100% occupied. The property provides immediate in-place cash flow. Tenants operate under triple-net (NNN) leases, minimizing landlord responsibilities. Leases include 3% annual rental escalations. Vicky’s Nails has been at this location for over 14 years and has signed a new 10-year lease. Grand Pool and Patio has operated here since 2007. Freedom Cleaners has been in operation here since 2016, after relocating from another unit in the center. A LivAway Suites, a 123-room hotel, is under construction directly east of the property and is scheduled for completion in March 2026. A new Dunkin’ Donuts with a drive-thru is being developed next to the retail center. Plans are underway for a Big O Tires to be developed next to Dunkin’ further enhancing the retail mix. The property benefits from traffic along Grand Ave with 28,900 vehicles per day. The surrounding area has 96,933 residents within a 3-mile radius and 220,251 within a 5-mile radius. Population growth is 2.1% in a 1-mile radius and 1.8% in both the 3-5 mile ranges. The property is adjacent to national retailers, including a Goodwill in the 91st percentile, Trader Joe’s in the 77th percentile, and Sherwin-Williams in the 84th percentile for foot traffic nationwide. The property contains 4,216 square feet.