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Valvoline NNN Property
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23614 North 163rd Avenue, Surprise, AZ 85387

A Valvoline property supported by a 20-year absolute NNN lease and grocery-anchored setting.

Property Size2,080 SF
Price / SF$1,315
Days on Market57

Property Features for 23614 North 163rd Avenue

General Information

Standard status Active
Size 2,080 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $130,000

Building Details

Year Built 2026
Tenancy Single
Listing Agency: Echo West Capital Advisors
Listed By: Ryan Moroney · License #AZ SA649495000
Source: Crexi
Added: Jul 6 Changed: Aug 30 Last Checked: Aug 30 at 2:41PM

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 Echo West Capital Advisors

Investment Insights

Based on property information with market context.

This Valvoline property is structured under a 20-year absolute NNN lease, providing a defined long-term lease arrangement. The property size is listed as 2,080, with construction scheduled for 2026.

The property is located at 23614 North 163rd Avenue in Surprise, Arizona, within a grocery-anchored setting.

Key Highlights

  • 20‑year absolute NNN lease
  • Valvoline property
  • Grocery‑anchored setting

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

607
Businesses Nearby
18k
Monthly Visits Nearby

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

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?
NNN property - A Valvoline property supported by a 20-year absolute NNN lease and grocery-anchored setting.
Where is this nnn property located?
The property is located at 23614 North 163rd Avenue Surprise, AZ.
What is the asking price?
The asking price for this property is $2,736,842.
What are key features of this property?
This property features: 20‑year absolute NNN lease; Valvoline property; Grocery‑anchored setting
(602) 628-6298 Call to check price and availability
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