Shops 6 at Marley Park Square

Below-Market Rents In-place rents average $38.47/SF, about 15% below the $45.00/SF market rate. Near-term lease roll with potential to reset to market. High-Traffic, Highly Visible Hard Corner Excellent visibility at the signalized hard corner of Litchfield & Waddell Roads, with ±48,000 vehicles per day. Just 2 miles east of Loop 303 and the Prasada regional retail hub. Essential, Internet-Resistant Tenancy Dental care, personal grooming and food: needs-based uses that depend on in-person visits and drive steady, repeat daily traffic. Affluent, Growing Trade Area $129,162 average household income and $511,302 average home value in the Marley Trade Area, with 218,360+ residents within 5 miles. 100% NNN Leases All four tenants reimburse their pro-rata share of CAM, property taxes and insurance — minimal landlord responsibilities. 2020 Construction with Drive-Thru Modern, well-maintained building with strong visibility, ample parking and drive-thru capability.Lee & Associates Commercial Real Estate Services is pleased to present Shops 6 at Marley Park Square, a ±7,945 SF multi-tenant retail building at 13983 W Waddell Road in Surprise, Arizona. Built in 2020, the property sits on the Waddell Road frontage of Marley Park Square, at the signalized southwest corner of Litchfield and Waddell Roads, alongside a top performing EoS Fitness. The building is 100% leased on NNN terms to four destination and service oriented tenants. In-place rents sit well below market, so investors get stable cash flow from a newer building and clear near-term rent growth as leases roll to market.