15357 Cactus Rd Surprise, AZ 85379
For Lease
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This exceptional retail property, located at 15357 Cactus Rd, Surprise, AZ 85379, offers a substantial 89,121 square feet of restaurant space on a 9.1-acre lot. The building is divisible, providing flexibility for various business needs. Its strategic location offers unparalleled access to major traffic generators, including the Surprise Stadium, Surprise Community Park, and the city's municipal complex. Less than five minutes from a Loop 303 full-diamond interchange (seeing over 68,000 vehicles per day), this property benefits from easy freeway access. The surrounding area is experiencing rapid growth, with multiple master-planned communities such as Marley Park (approximately 3,200 units), Rancho Gabriela (approximately 2,329 units), and Greer Ranch North (approximately 1,624 units) adding to the robust market. The property's proximity to key high schools, including Valley Vista (2,653 students), Shadow Ridge (2,194 students), Willow Canyon (1,983 students), and Paradise Honors (2,194 students), further enhances its appeal. This presents a unique opportunity to establish a thriving business in a high-growth area with excellent visibility and accessibility.
(PAD) zoning district prior to the adoption of this ordinance . The PAD zoning designation now serves only to preserve the governing entitlement documents adopted by city council for each PAD at the time of the adoption of this ordinance. Existing PADs may have individual development standards, land uses , and densities that supersede the zoning standards co…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
PAD · Surprise, AZ(PAD) zoning district prior to the adoption of this ordinance . The PAD zoning designation now serves only to preserve the governing entitlement documents adopted by city council for each PAD at the time of the adoption of this ordinance. Existing PADs may have individual development standards, land uses , and densities that supersede the zoning standards contained within this ordinance . Any zoning standard contained within this ordinance shall apply that is not explicitly identified in a PAD. General references to zoning district s within previous city zoning codes shall follow the conversion chart listed in Table 106-1b of this chapter. D. Standards and regulations such as, but not limited to, lot size, building height , residential densities , and setbacks herein, assure compatibility of properties within a district; protect the quality of the environment from nuisances associated with certain uses or constructions; and provide adequate open space for privacy, light, air, connectivity, and green space. ( Ord. No. 2024-03 , § 1(Exh. A), 3-5-24)
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.