303 Arizona State Rte Waddell, AZ 85355
This exceptional 6.6-acre retail property in Surprise, Arizona, boasts unparalleled visibility from the Loop 303 freeway, featuring a full-diamond interchange. The site offers a total of 84,325 square feet of vacant space, divisible into units ranging from 37,456 to 46,869 square feet, perfect for multiple tenants. Located in Maricopa County, with a Pad zoning designation from the City of Glendale, this property benefits from its strategic location near Luke Air Force Base, employing over 6,000 personnel, and just two miles south of Goodyear's thriving distribution corridor, home to major retailers like Dick's Sporting Goods, REI, Sub-Zero, and Ball Corporation. The area is experiencing significant growth, highlighted by Amazon's recent acquisition of 91.5 acres nearby for future expansion. This presents a unique opportunity to capitalize on the robust economic activity and projected future development in this rapidly expanding region. The property's address is Arizona State Route 303, Surprise, AZ 85355.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.