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Street Fare & Alexandria Prasada Pkwy & Alexandria Way 4,950 - 16,520 SF of 4-Star Retail Space Available in Surprise, AZ 85379
Highlights
- Located within Arizona’s #1 power center and top 10 nationwide for visitation
- Affluent trade area with median household income over $110,000
- Walkable, open-air design with patios and modern architecture for an elevated dining experience
- Prime frontage at Waddell Road and Sarival Avenue with Loop 303 access
- Surrounded by planned multifamily and residential growth fueling demand
- Strong co-tenancy with top fashion brands, entertainment, and specialty retailers
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 6,510 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste A/C | 5,060 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste B | 4,950 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste A
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
1st Floor, Ste A/C
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
1st Floor, Ste B
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 16,520 SF | Gross Leasable Area | 500,890 SF |
| Property Type | Retail | Construction Status | Proposed |
| Total Space Available | 16,520 SF |
| Property Type | Retail |
| Gross Leasable Area | 500,890 SF |
| Construction Status | Proposed |
About the Property
Street Fare at Alexandria is a vibrant open-air dining district located within Prasada, the West Valley’s premier retail and lifestyle destination in Surprise, Arizona. Positioned at the southeast corner of Waddell Road and Sarival Avenue, this dynamic corridor blends modern architecture with inviting patios and an eclectic mix of local and national restaurants. Anchored within a super-regional power center ranked #1 in Arizona and 10th nationwide for visitation, Street Fare offers unmatched visibility and connectivity along Loop 303, drawing over 70,000 vehicles daily. Surprise is one of Arizona’s fastest-growing communities, characterized by affluent households, a median income exceeding $110,000, and strong population growth projected through 2030. The surrounding area boasts high home values, a thriving professional demographic, and significant discretionary spending on dining and entertainment. With over one million square feet of retail and lifestyle offerings at Prasada, Street Fare is designed to be the ultimate gathering place for residents and visitors alike, combining crave-worthy dining with a walkable, energetic environment. This premier location benefits from robust traffic counts, proximity to major freeways, and a growing residential base, including planned multifamily developments adjacent to the site. Street Fare at Alexandria is the ideal setting for restaurateurs and specialty retailers seeking to capitalize on the West Valley’s booming market and vibrant consumer base.
Nearby Major Retailers
Presented by
Street Fare & Alexandria | Prasada Pkwy & Alexandria Way
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