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Cafe Zupas | Surprise, AZ | 2024 Build to Suit

$3,524,000

16900 North 144th Ave, Surprise, AZ 85374

Active
Last Updated: 11/21/2024

5.25

Cap Rate

185,000

NOI

Details:
Cap Rate:    5.25%
NOI:    $185,000
Building Size:    3,136 sqft
Lot Area:    0.6 acres
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    2024
Tenancy:    Single
Highlights:
  • SURPRISE CITY CENTER: Located in Surprise, Arizona’s City Center project, a mixed use project that will bring recreation, education, offices, residential, civic uses and highly demanded retail to the growing city.
  • EASY FREEWAY ACCESS: Strategically located between two major traffic thoroughfares, situated 2.5 miles from a Loop 303 full-diamond interchange, seeing ±48,348 VPD and only 1.5 miles from US-60, seeing ±31,946 VPD. (Placer.AI).
  • RAPIDLY GROWING TRADE AREA: Multiple surrounding multi-family and master planned communities including Surprise Farms (±7,003 units), Sun City Grand (±6,870 units), Mountain Vista Ranch (±1,618 units), and many others.
  • CLOSE PROXIMITY TO KEY SCHOOLS: Valley Vista High School (±2,654 students), Willow Canyon High School (±1,985 students), Paradise Honors Elementary School (±1,869 students), Surprise Elementary School (±803 students), and more.
Description:

This brand new build-to-suit for Cafe Zupas is a portion of the Elm Street at Surprise City Center development, the first phase of a more than 60-acre development project that aims to provide the City of Surprise with a new downtown district.

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