SOLD: Off Market Strip Center in Surprise, AZ

SURPRISE, AZ – Nick Miner, CCIM of ORION Investment Real Estate, reports representing the buyer of the +/- 8,062 square foot three-tenant, retail center in Surprise, Arizona for $2,050,000 or $254 per-square-foot. The property is in the Surprise Village Shopping Center at Litchfield and Bell Roads.

Surprise, Arizona is a beautiful Sonoran Desert community surrounded by mountain park lands. The landscape sets the stage for the city’s vibrant sports and recreation scene, growing arts community and fantastic restaurants. The population was 143,148 at the 2020 census, up from 117,517 in 2010 and just 30,848 in 2000.

ORION’s Nick Miner, CCIM, Senior Vice President, commented, “This was a great opportunity for my client. It is his long-term goal of purchasing stabilized properties for cash flow.” This is the fourth transaction Miner has completed for his client. Last year, he helped his client purchase Surprise Village Building B.

Buyer, Corridor Living, LLC, was represented by Nick Miner, CCIM of ORION Investment Real Estate.

Seller, Malcolm Family, LP was represented by Bobby Raines of Americor Investment.

For more information, call me.



Commercial Real Estate News 04-25-23 – AZBEX