Fully Occupied Retail Investment
14081 W Grand Ave, Surprise, AZ
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Fully leased retail property with long-term tenants and income growth.
Type:RETAIL
Property size:
4,216 SFLot size:
4.29 AcresPrice / SF:
$361/SF- Added:
- Aug 25, 2025
- Days on Market:
- 270
- Last Refresh:
- Apr 5 at 10:44 pm
Property Features for 14081 W Grand Ave
General Information
- Standard status
- Active
- Size
- 4,216 SF
- Lot size
- 4.29 Acres
- Property subtype
- RETAIL
Listing agent Hudson DeJean (605) 941-3721
Listing office Matthews Real Estate Investment Services | Phoenix (605) 941-3721
Listing date Aug 25, 2025
Source Moodyscre
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HighLights
- 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.
- Established Tenants: Long‑term operating histories with tenants like Vicky’s Nails (14+ years with a new 10‑year lease) and Grand Pool and Patio (since 2007).
- Surrounding Development: Adjacent to a new LivAway Suites, a Dunkin’ Donuts drive‑thru under construction, and a proposed Big O Tires.
- Strong Traffic and Demographics: High traffic counts (28,900 VPD) and a large residential population.
Overview
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
Location Insight
- Map
- Local Demand
- City
- Surprise
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.405
- Latitude
- 33.652
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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.
