2024 Build to Suit Cafe Zupas | Corporate Guarantee | Surprise City Center Mixed-Use Project

16900 N 144th Ave Surprise, AZ 85374

16900 N 144th Ave, Surprise, AZ, 85374
16900 N 144th Ave, Surprise, AZ, 85374 16900 N 144th Ave, Surprise, AZ, 85374 16900 N 144th Ave, Surprise, AZ, 85374
FOR SALE NNN Property
Property Type:
Single Tenant Retail (NNN)
Amount:
$3,524,000
Cap Rate:
5.25%
Last Verified:
Nov 21, 2024

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-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.

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Map of 16900 N 144th Ave, Surprise, AZ, 85374

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.