Surprise Retail for Sale - Loop 303/Surprise

- The tenant recently signed a brand new 10-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site - The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation

Property Subtype:

Freestanding

Date on Market:

2025-11-10

Surprise Retail for Sale - Loop 303/Surprise

Property Subtype:

Storefront

Date on Market:

2025-10-14

Surprise Retail for Sale - Loop 303/Surprise

Thank you for reviewing this exceptional investment opportunity in Surprise, AZ. This property offers a rare chance to acquire a two-tenant NNN retail investment strategically located at a high-traffic intersection, anchored by a top 10 Fry's Grocery store, with a 5.90% cap rate, NOI of $205,834, and annual increases. This stand-alone building features dominant frontage on Greenway Rd and benefits from strong national co-tenancy. The long lease terms remaining, high-visibility location, and the presence of internet-resistant tenants make it an attractive option for investors. The property was built in 2009 and fully remodeled in 2023, ensuring a modern and well-maintained investment. Don't miss out on this investment located on excellent real estate, in one of the fastest-growing cities in America, offering fee-simple ownership and fantastic growth potential. Contact us today for more information.

Date on Market:

2025-04-28