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GRAND VILLAGE CENTER 14537 W Grand Ave 52,685 SF 97% Leased Retail Building Surprise, AZ 85374 $11,419,000 ($216.74/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Necessity-based retail and internet resistant tenants with staggered lease terms providing security to future investor
- New long-term lease with anchor tenant Elevate Trampoline Park
- Unique opportunity to capitalize on below-market rents with prospect of enhancing yields and securing long-term value
- 100% leased to diverse mix of tenants
- Compounding income growth, with most tenants having scheduled rent increases through the primary terms and option periods
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
52,685 SF
Building Class
B
Year Built
2005
Price
$11,419,000
Price Per SF
$216.74
Cap Rate
7%
NOI
$799,323
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.17
Lot Size
7.06 AC
Zoning
Commercial - Commercial
Frontage
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Arts, Entertainment, and Recreation
- -
-
$9.99
-
Lorem Ipsum
- -
From gravity-defying flips to epic bounce contests, Elevate has a whole park of activities for unlimited fun. Their indoor trampoline parks are perfect for getting a high-energy, adrenaline fix. Come in, have fun, repeat. From toddler fun to teenage flight, everyone has the chance to experience a whole new level of fun. They host birthday parties, team events, private events, fundraisers, field trips, and more.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,680 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 1,680 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 1,680 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 503-61-186 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $997,015 |
PROPERTY TAXES
Parcel Number
503-61-186
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$997,015
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
GRAND VILLAGE CENTER | 14537 W Grand Ave
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