Investment Overview

Marcus & Millichap is pleased to exclusively present for sale a ± 18.18 acre assemblage near the NWC of W. Happy Valley Road and US Route 60 in the City of Surprise, Arizona. The property is located in a rapidly growing area of northwest Surprise with a mix of new single family home communities, multifamily and commercial developments. Area homebuilders include Courtland Communities, Lennar, Homes by Towne, Landsea Homes, Taylor Morrison, Fulton Homes, Centex Homes, Ashton Woods, Richmond American Homes, Pulte Homes, KB Homes, Shea Homes and Meritage Homes. The site is located ± 3 miles northwest of the Loop 303 freeway intersection with Rt 60 providing easy access to major employment corridors along the Loop 303, Interstate 10, Interstate 17 and Loop 101. The following major employers are within a 30 minute or less drive from the property: Banner Health-Banner Del E Webb Med Center, Sun Health Corporation-Del E Webb Memorial Hospital, Sun Health Corporation-Sun Health Homecare Services and Walmart Inc, USAA Insurance, WL Gore & Associates and John C. Lincoln Hospital at Deer Valley. Additionally, the $12+ billion Taiwanese Semiconductor Manufacturing Company, currently under construction, is about a 25 minute drive east of the subject property and will have ± 1,600 employees when completed. BNSF Railway Company is proposing a ± 3,500 acre intermodal logistics center and industrial complex ± 15 minutes north of the property. Several restaurants, shops and grocery stores are available within a few minutes of the property, with a new Fry’s anchored center currently under construction minutes from the site. The property is currently zoned residential ranch (RR) by the City of Surprise. The parcels have ± 900 feet of frontage on Route 60 and ± 370 feet of frontage on W Happy Valley Road with ± 23,300 vehicles/day on Route 60 per ADOT. ADOT will permit a right turn in and right turn out only of the property from Route 60. The site will also have access from W Happy Valley Road. The property topography is level with utilities in close proximity to site. This ± 18.18 acre assemblage is made up of parcels owned by separate owners.