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14081 W Grand Ave Surprise, AZ

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For Sale
$1,522,000

Fully leased retail property with long-term tenants and income growth.

Property size:
4,216 SF
Lot size:
4.29 Acres

Property Features for 14081 W Grand Ave

General Information

Size
4,216 SF
Lot size
4.29 Acres

Source: Matthews Real Estate Investment Services | Phoenix Agent Hudson DeJean

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Occupied Retail Investment Property

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.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Surprise
County
Maricopa
State
Arizona
Longitude
-112.404506
Latitude
33.652029

FAQs

What type of property is this?
Strip mall - Fully leased retail property with long-term tenants and income growth.
Where is this strip mall located?
The property is located at 14081 W Grand Ave Surprise, AZ.
What is the asking price?
The asking price for this property is $1,522,000.
What are key features of this property?
This property features: - Fully Stabilized Investment: 100% occupied retail property with immediate in-place cash flow.; - NNN Lease Structures: All tenants on triple-net (NNN) leases, minimizing landlord responsibilities.; - Built-In Income Growth: Leases include 3% annual rental escalations.
More about this property
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