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Investment Highlights

  • At the signalized hard corner of 163rd Avenue and Pat Tillman Boulevard, this strategic location captures a steady flow of over 12,386 vehicles per da
  • Benefit from a corporate guarantee from Circle K, a subsidiary of Alimentation Couche-Tard (ANCTF).
  • With 15,665 planned housing units currently under development or completed, this site serves as a vital retail hub for a massive audience of families

Executive Summary

Clean Freak
Absolute Ground Lease with zero landlord responsibilities.
15-Year Term
Corporate Guarantee 2025 New Construction.
10% Rent Increases Every 5 Years
Strategic rent increases provide a built-in inflation hedge.
New Retail Intersection
Featuring Fry’s Marketplace (Kroger).

Property Facts

Sale Type
Investment
Sale Conditions
Ground Lease (Leasehold)
Property Type
Retail
Building Size
4,882 SF
Construction Status
Proposed
Price
$2,762,000
Price Per SF
$565.75
Tenancy
Single
Building Height
1 Story
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Academy Bank
First Watch
Fry's Food Store Pharmacy
  • Listing ID: 40777394

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 23040 163rd Ave, Surprise, AZ 85387

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