3 TENANT RETAIL - 14081 W GRAND AVE -, Surprise, AZ

Fully Stabilized Investment – 100% Occupied Retail Property
- This multi-tenant retail property is fully leased, which provides immediate in-place cash flow and eliminates lease-up risk for an investor.
Established Tenants with Long Term Operating Histories
- Vicky’s Nails has been a staple at this location for over 14 years and reaffirmed their commitment by signing a new 10-year lease.
- Grand Pool and Patio has successfully operated here since 2007, demonstrating their strength at this location for service/retail.
- Freedom Cleaners has been in operation here since 2016, after relocating from another unit in the center- showing continued dedication and success at this site.
NNN Lease Structures – Passive Ownership
- All tenants are on triple-net (NNN) leases, minimizing landlord responsibilities and offering a hands-off investment opportunity.
Built In Income Growth – 3% Annual Rent Increases
- Each lease includes 3% annual rental escalations, providing steady income growth and a natural hedge against inflation.
Surrounding Development – Catalysts for Long-Term Growth
- LivAway Suites – 123 Room Hotel Adjacent to Site
- A LivAway Suites is currently under construction directly east of the property. Schedule for completion in March 2026, the hotel will drive additional foot traffic and daily traffic, supporting the center.
Dunkin’ Donuts – Drive Thru Under Construction
- A brand new Dunkin’ Donuts is being developed next to the retail center, reinforcing the corridor’s daily visits and growing retail synergy.
Proposed Big O Tires – Additional National Brand Coming
- Plans are underway for a Big O Tires to be developed next to Dunkin’ further enhancing the retail mix and drawing consistent vehicle traffic to the area.
Strong Traffic and Demographic Trends
- High Traffic Counts – 28,900 Vehicles Per Day
- The property benefits from traffic along Grand Ave with 28,900 VPD passing by Surprise Pavilions.
- Expanding Trade Area – Rapid Growth and Density
- There are 96,933 residents within a 3-Mile Radius and 220,251 within a 5-mile radius.
- Population growth of 2.1% in a 1-Mile radius and 1.8% in both the 3-5 Mile ranges, indicating sustained residential demand and commercial support.
Proximity to Top Performing National Retailers – Strong Co-Tenancy
- Adjacent to top-performing national retailers, including a Goodwill in the 91st percentile, Trader Joe’s in the 77th percentile, and Sherwin-Williams in the 84th for foot traffic nationwide. Surrounded by major brands like QuikTrip, Walmart, Walgreens, and Home Depot, the area benefits from consistent consumer draw and a proven retail destination.

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David Harrington