Land Available For Sale @ Nw Corner Of Reems & Waddell

NW Corner of Reems & Waddell, Surprise, AZ 85379

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Mark B.

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Property tours are available by appointment ONLY. Please contact Mark Bramlett to schedule at mark.bramlett@cushwake.com or 602-954-9000. Investment Highlights: ±6.0 AC of land on 5 parcels for development in NW suburb of Phoenix Value-add opportunity through future development, ground lease or lease-up Shadow-Anchored by previously constructed Walgreens, AutoZone & Wells Fargo Dense demographics with ±182,000 people within a 5 mile radius and $69,596 average HH income Excellent visibility with combined 2015 traffic counts of ±20,982 VPD Well-located in the center of master PUD with traffic drivers including new residential developments and upcoming office, hospital and regional mall Investment Overview: Waddell Square Land (the “Property”) is ±6.0 AC of well-located land for development on 5 parcels at 13930, 14062, 13974, 14078, 14038 North Reems Rd in Surprise AZ. All five parcels are being offered and will not be sub-divided The Property consists of ±6.05 acres of virgin acres of graded land ready for development. The Property is part of the larger Waddell Square, a prime retail shopping center with several parcels already fully developed. The property is shadow-anchored on adjacent parcels by Walgreens, Autozone and Wells Fargo. A free-standing Walgreens with drive-thru is open on the hard corner and free-standing Wells Fargo branch is adjacent to that. Autozone is also open on an in-line parcel adjacent to 3 parcels being offered for sale. Surprise is an affluent suburb of Phoenix in Maricopa County and part of the Phoenix MSA. Waddell Square Land is ±30 miles from Phoenix. Surprise is a city in Maricopa County and is located about 20 miles from Phoenix, AZ. Surprise is the second fastest-expanding municipality in the greater Phoenix Metropolitan Area. The population was 30,848 at the 2000 census; however, rapid expansion has boosted the city' s population to 117,517 at the 2010 census, an increase of 281%.The Property is situated on the major section-line intersection of Waddell Road and Reems Road. Properties included in offering: 13930 North Reems Rd APN:501-77-977 37,585 SF 14062 North Reems Rd APN:501-77-976 65,817 SF 13974 North Reems Rd APN:501-77-975 92,362 SF 14078 North Reems Rd APN:501-77-980 32,514 SF 14038 North Reems Rd APN:501-77-979 35,429 SF

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Listing ID: 1079931


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Type: Land

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