12751-12875 W Bell Rd Surprise, AZ 85378

Crossroads Towne Center, a 156,647 SF shopping center located in Surprise, Arizona. The shopping center is anchored by a 99 Cent Only store, which has had 35 years of operating history. The junior anchors consist of Big 5 Sporting Goods, Harbor Freight Tools, Peter Piper Pizza and Other Mothers Clothes. The shopping center is 85% occupied with a good mix of national and local tenants. Other notable tenants include Subway, Metro PCS, and St. Vincent De Paul. The property also consists of a 2,000 SF pad site currently occupied by Batteries Plus. All of the tenants are on NNN leases, limiting expense leakage for a new investor. This offering presents the unique opportunity for a new investor to add significant value through lease-up of the current vacant spaces. Current ownership also recently invested significant capital toward roof recoating for approximately 1/3 of the center, reducing capital expenditure required by a new owner.