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2 Tenant Retail Investment w/ Drive Thru 17063 W Greenway Rd 3,850 SF 100% Leased Retail Building Surprise, AZ 85388 For Sale

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INVESTMENT HIGHLIGHTS

  • Strong Two-Tenant NNN Investment
  • Long lease term remaining
  • Built 2009 / Remodeled 2023
  • Stand alone with endcap drive-thru
  • Excellent Real Estate - growing area
  • Fee Simple Ownership

EXECUTIVE SUMMARY

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.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
3,850 SF
Building Class
B
Year Built/Renovated
2019/2023
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.88 AC
Zoning
C-2 - PAD - C2
Frontage
500’ on W Greenway Rd

AMENITIES

  • Restaurant
  • Signage
  • Drive Thru

NEARBY MAJOR RETAILERS

Starbucks
Fry’s Food Stores
Dutch Bros
First Watch
Torchy's Tacos
Ahipoki Bowl
Gravity Coffee
Safeway
WinCo Foods
Chase

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
501-12-921
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$131,984
  • Listing ID: 35659279

  • Date on Market: 4/28/2025

  • Last Updated:

  • Address: 17063 W Greenway Rd, Surprise, AZ 85388

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