Retail Space
12043 North Reems Road Surprise, AZ 85379
Details & Description
Price: $6,285,000
    Cap Rate5.85%Tenant NameGoodwillYears Remaining On Lease14.7Gross SF22,986GuarantorCorporate GuaranteeRentable SF22,986Price/Gross SF$273.43Lease TypeDouble NetRent Per Square Feet$16.00New 15-Year Corporate Lease with Goodwill of Central and Northern Arizona (96 Locations) - 2020 BuildRental Increases Every Five Years183,326 Residents within a Five-Mile Radius - Phoenix MSARapidly Growing Surprise Trade Area - Households and Population Projected to Increase 14-17 Percent within a One-Mile Radius by 2025Outparcel to Kohl'sOver 21,300 Cars Per Day at the Intersection of North Reems Road and West Warner RoadAverage Household Income Exceeds $102,000 in Immediate AreaAdjacent to the Marley Park Master-Planned Community, and Close Proximity to the Nearby Communities of Sterling Grove, Prasada, etc.
    Listing Agents
    Mark Ruble

    O: 602-687-6766
    M: 602-687-6766
    mruble@mmreis.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    12043 North Reems Road

    Surprise, AZ 85379

    Listing ID: 191907
    12043 North Reems Road Surprise, AZ 85379 | for Sale | Photo 1
    Building Size: 22,986 SF
    Lot Size: 0.600 AC
    Land Size: 26,136 SF
    Building $/SF: $273.43
    Land $/SF: $240.47
    Price
    $6,285,000
    Description

    Cap Rate5.85%

    Tenant NameGoodwill

    Years Remaining On Lease14.7

    Gross SF22,986

    GuarantorCorporate Guarantee

    Rentable SF22,986

    Price/Gross SF$273.43

    Lease TypeDouble Net

    Rent Per Square Feet$16.00

    New 15-Year Corporate Lease with Goodwill of Central and Northern Arizona (96 Locations) - 2020 Build

    Rental Increases Every Five Years

    183,326 Residents within a Five-Mile Radius - Phoenix MSA

    Rapidly Growing Surprise Trade Area - Households and Population Projected to Increase 14-17 Percent within a One-Mile Radius by 2025

    Outparcel to Kohl's

    Over 21,300 Cars Per Day at the Intersection of North Reems Road and West Warner Road

    Average Household Income Exceeds $102,000 in Immediate Area

    Adjacent to the Marley Park Master-Planned Community, and Close Proximity to the Nearby Communities of Sterling Grove, Prasada, etc.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Surprise History of Retail Space for Sale

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    Surprise Area Market Trends

    Listing Demographics for 12043 North Reems Road Surprise, AZ 85379

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population11,93762,697171,153
    Population Median Age333438
    Population by Age0-9 Yrs1930 (16%)9627 (15%)22871 (13%)
    10-19 Yrs2118 (17%)10932 (17%)26399 (15%)
    20-29 Yrs1258 (10%)7344 (11%)19644 (11%)
    30-39 Yrs1979 (16%)9611 (15%)22448 (13%)
    40-49 Yrs1908 (15%)9739 (15%)23042 (13%)
    50-59 Yrs1282 (10%)7074 (11%)17735 (10%)
    60-69 Yrs896 (7%)4936 (7%)16758 (9%)
    70+ Yrs566 (4%)3433 (5%)22255 (13%)
    Median HH Income$84,307$74,961$63,398
    Total Household Income< 24K207 (5%)1637 (8%)7736 (13%)
    25-49K581 (16%)3616 (19%)13892 (23%)
    50-74K764 (21%)4201 (22%)13186 (22%)
    75-99K683 (18%)3566 (18%)9785 (16%)
    100-199K1248 (34%)5155 (27%)12144 (20%)
    200K+130 (3%)721 (3%)1859 (3%)
    Highest Education LevelNo Diploma348284010975
    Diploma or GED15591026830156
    Some College23691178332627
    Assoc. Degree682415911141
    Bachelors Degree1567622818363
    Higher Degree84431309088
    Total Housing Units3,90020,60666,891
    --Owner-Occupied2,77713,32941,531
    --Renter-Occupied8365,56717,071
    Owner-Occupied Values< 100K212663000
    100-199K620414715963
    200-299K1378647915152
    300-399K58518675193
    400-499K1653641306
    500K+7206917
    Total Working Age Population8,59745,781131,246
    In Work Force6,16231,21977,936
    Not In Work Force2,43514,56153,310
    Workforce Employed5,84728,96871,419
    Workforce Unemployed2631,7444,937
    Civlian Workforce6,11030,71276,356
    Military Workforce525081,581
    Total Households3,61318,89658,602
    Family Households2,95215,44243,685
    Non-Family Households6613,45414,917
    Married Couple2,36712,02833,820
    Other Family5853,4149,865
    Married w/Child1,2575,97613,544
    Single Male w/Child974911,238
    Single Female w/Child2151,4964,164

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Arizona5,130,632+256,392,017+147,286,100+148,284,900
    Maricopa County3,072,149+243,817,117+164,436,900+155,107,700

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 12043 North Reems Road in Surprise?
    The asking price for 12043 North Reems Road is $6,285,000
    What is the building size of this Retail property in Surprise, AZ?
    The size of the building/unit at 12043 North Reems Road in Surprise is 22,986 square feet
    How much land does the Surprise, AZ property at 12043 North Reems Road include?
    12043 North Reems Road in Surprise includes 0.600 acres of land
    What kind of Retail is the propery at 12043 North Reems Road?
    The property at 12043 North Reems Road Surprise, AZ 85379 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 12043 North Reems Road in Surprise?
    The population within 1 mile of 12043 North Reems Road Surprise, AZ 85379 is 11,937 people.
    Who do I contact for questions about 12043 North Reems Road?
    You should contact the listing agent, Mark Ruble, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Phoenix Sky Harbor International Airport (PHX) 25
    Tucson International Airport / Morris Air National Guard Base (TUS) 133
    McCarran International Airport (LAS) 232
    Price
    $6,285,000
    Listing Agent
    More listings from Mark Ruble
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