Restaurant with Dual
For Sale
Contact for pricing
23280 N 163rd Ave, Surprise, AZ 85387
New restaurant construction positioned alongside Fry's Marketplace in Surprise.
Property Size2,752 SF
Price / SF$1,003
Days on Market57
Property Features for 23280 N 163rd Ave
General Information
Standard status
Active
Size
2,752 SF
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$145,000
Site & Location
Drive-Thru
Yes
Anchor Co-Tenants
Fry's Marketplace
Traffic Count
25,244 vehicles/day
Building Details
Year Built
2026
Buildings
1
Tenancy
Single
Listing Agency:
SimonCRE
Listed By:
Alec Miller · License #AZ SA677300000
Source:
Crexi
Added: Jul 9
Changed: Sep 1
Last Checked: Sep 1 at 10:43AM
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 SimonCRE
Investment Insights
Based on property information with market context.
This conventional restaurant property is a 2,752-square-foot building completed in 2026, with two drive-through lanes serving the operation. The asset is positioned for restaurant use within a developing commercial setting and is part of a co-tenancy arrangement alongside Fry's Marketplace.
The property sits at 23280 N 163rd Ave in Surprise, at the intersection of 163rd Ave and Pat Tillman. The location records approximately 25,244 VPD, while the surrounding area includes more than approximately 113,667 residents within one mile. Planned development includes 15,665+ housing units, and average household income within that one-mile area is approximately $163,766.
The property sits at 23280 N 163rd Ave in Surprise, at the intersection of 163rd Ave and Pat Tillman. The location records approximately 25,244 VPD, while the surrounding area includes more than approximately 113,667 residents within one mile. Planned development includes 15,665+ housing units, and average household income within that one-mile area is approximately $163,766.
Key Highlights
- 2,752‑square‑foot conventional restaurant building completed in 2026
- Dual drive‑through lanes support restaurant operations
- Co‑tenancy alongside Fry's Marketplace
Property Analytics
Current Use
Lease Details
25,244 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
607
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
Circle K
Shops & Services
7,057 visits/mo
0.3 miles
Little Caesars Pizza
Dining
6,139 visits/mo
0.5 miles
Enterprise Rent-A-Car
Shops & Services
3,324 visits/mo
0.5 miles
CubeSmart Self Storage
Shops & Services
1,156 visits/mo
0.3 miles
Demographics for 85387, AZ
16,331
Population
8,707
Households
1.9
Avg Household Size
52
Median Age
35%
College-Educated
94%
High-School Grad
60.0 sq mi
ZIP Area
272
Density / Sq Mi
$95,472
Median Household Income
$53,282
Median Earnings
$2,405
Median Rent
$453,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - New restaurant construction positioned alongside Fry's Marketplace in Surprise.
Where is this conventional restaurant located?
The property is located at 23280 N 163rd Ave Surprise, AZ.
What is the asking price?
The asking price for this property is $2,762,000.
What are key features of this property?
This property features: 2,752‑square‑foot conventional restaurant building completed in 2026; Dual drive‑through lanes support restaurant operations; Co‑tenancy alongside Fry's Marketplace
