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Fully Occupied Retail Investment Property
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Pending

14081 W Grand Ave, Surprise, AZ 85374

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

Property Size4,216 SF
Days on Market420

Property Features for 14081 W Grand Ave

General Information

Standard status Pending
Size 4,216 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Stabilized

Building Details

Year Built 2005
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Matthews
Listed By: Hudson DeJean · License #SA704485000
Source: Crexi
Added: Aug 13, 2025 Changed: Oct 4 Last Checked: Oct 5 at 6:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews

Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Dental Office Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

92
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Chase Bank Shops & Services
4,936 visits/mo 0.3 miles
Wells Fargo Shops & Services
3,503 visits/mo 0.2 miles

Demographics for 85374, AZ

41,182
Population
21,982
Households
1.9
Avg Household Size
61
Median Age
30%
College-Educated
95%
High-School Grad
12.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$78,690
Median Household Income
$45,427
Median Earnings
$1,897
Median Rent
$355,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

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 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.
(605) 941-3721 Call to check price and availability
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