0 Litchfield Rd Surprise, AZ 85379
This exceptional 4-acre retail development opportunity boasts 600 feet of frontage along Waddell Road, offering excellent ingress and egress. Located at the intersection of Litchfield Road and Waddell Road, this site benefits from a stoplight at 137th Avenue and Waddell Road, ensuring high visibility and accessibility. The property includes a 1-acre parcel currently available as a pad site, ideal for a variety of retail uses. This location enjoys exceptional traffic counts, with Litchfield Road seeing 18,189 vehicles per day and Waddell Road recording 18,541 vehicles per day. The surrounding area is anchored by a strong mix of established businesses, including Safeway, Fry's, AMC Theatres, Walgreens, McDonald's, and Chase Bank, creating a vibrant and desirable retail environment. This site presents a unique chance to establish a presence in a high-traffic, well-established retail corridor. The multiple tenancy option allows for flexibility in development plans. This is a truly remarkable opportunity for investors seeking a prime location with significant growth potential. The available 1-acre pad site is ready for immediate development.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.