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    18795 Reems Rd Surprise, AZ 85374

    Sponsored
    For Lease
    Contact for pricing

    High-Visibility Retail Space, 27,000 SF Available

    Lot size:
    27,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 27,000 square foot retail property, located at 18795 N Reems Rd in Surprise, Arizona, presents a unique investment opportunity. The entire building is currently vacant, offering a blank canvas for a single large tenant or the potential for multiple smaller tenants. The property boasts a highly desirable Pad zoning designation within Maricopa County. Its prime location on Grand Avenue ensures exceptional visibility and accessibility, with an estimated 24,904 vehicles passing daily. The building's previous use as a restaurant suggests adaptable floor plans and existing infrastructure. The substantial square footage allows for a wide range of retail or office uses. This property is situated in the thriving city of Surprise, AZ, zip code 85374, offering a strong demographic base and significant growth potential. The property's size and location make it ideal for a variety of businesses seeking high visibility and ample space. With its convenient access and high traffic count, this retail center is poised for immediate success. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The property is ready for immediate occupancy.

    Property Features for 18795 Reems Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,000 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    27,000 SF

    HighLights

    • Former barber shop space available.
    • BigLots‑anchored center.
    • Last remaining vacant suite.
    • High‑traffic location on Grand Ave, exceeding 50,000 cars daily at the intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -112.3736391
    Latitude
    33.65509

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    FAQs

    What type of property is this?
    Retail property - High-Visibility Retail Space, 27,000 SF Available
    Where is this retail property located?
    The property is located at 18795 Reems Rd Surprise, AZ.
    What are key features of this property?
    This property features: Former barber shop space available.; BigLots-anchored center.; Last remaining vacant suite.
    Request Owner's contact information
    18795 Reems Rd Surprise, AZ 85374
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    Surprise, AZ 85374
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18795 Reems Rd Surprise, AZ 85374
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