13065-13073 W Grand Ave - Storefront Retail/Office FOR SALE


Surprise, AZ 85374
$3,250,000 USD
480-213-0374
13065-13073 W Grand Ave, Surprise, AZ for Sale
$3,250,000 USD
Storefront Retail/Office - FOR SALE
1/26
null | Request Cap Rate

NEW


13065-13073 W Grand Ave
Surprise, AZ 85374


HIGHLIGHTS

  • Strategically located corner Property at Signalized Intersection of Dysart and Grand Ave with over 40,000 VPD at intersection
  • Strong Retail Corridor with Home Depot, Lowes, Walmart Supercenter, Target, Best Buy, and many other notable retailers within ±1 mile of the property
  • Highly visible Value-Add opportunity or potential for an Owner/User with income
  • ± $200K of Capital Improvements Invested into the property over the last several years, including new roof, HVAC and electrical
  • High Growth Area with a ±1.7% annual population growth rate in a 3-mile radius
  • Directly across Grand Ave from recently built West-MEC Northwest Campus

OVERVIEW

Butler’s Corner located in Surprise, Arizona is a retail-flex value-add opportunity in a highly-visible corridor with a strategic location at the SEC of the signalized intersection of N Dysart Ave and Grand Ave. The ±22,976 RSF multitenant retail/flex property, sits on 1.85 acres (80,751 SF) and is currently ±69.3% leased to a variety of uses and sizes. The property is well positioned for its immediate Value-Add potential from a lease up of the current Vacant suites and from future increase to the below market rents. The property is also well positioned to benefit from the growth and redevelopment in the immediate area. In addition to the great value add opportunity, there is strong potential for redevelopment of part or all of the center. Redevelopment along Grand Ave going north, along Bell Rd has been nothing less than robust. There has been a significant amount of single family, multifamily, governmental, industrial and retail development in the surrounding area. Most notable due to its close proximity is the West-MEC Northwest Campus, directly across Dysart Ave and stretching along Grand Ave over 19 acres and over 42,000 SF in a two-story footprint.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Butler's Corner Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

C-2, Surprise

APN/PARCEL ID

501-19-017,501-19-018,501-19-019,501-19-020

ASK ABOUT THIS PROPERTY

Kelly O'DeaDiversified PartnersMore Info
480-213-0374

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Kelly O'DeaDiversified PartnersMore Info
480-213-0374

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.