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Off Market Retail Center Closes in Surprise for $2 Million

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  • Off Market Retail Center Closes in Surprise for $2 Million
News
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July 29, 2022
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Real Estate Daily News Service
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SURPRISE, AZ – Nick Miner, CCIM of ORION Investment Real Estate, reports representing the buyer of the +/- 5,600-square-foot two-tenant, retail center in Surprise, Arizona for $2,000,000 or $360 per square foot. The property was located in the Surprise Village Shopping Center at Litchfield and Bell Road.

Surprise, Arizona is a beautiful Sonoran-desert community surrounded by mountain park lands. The gorgeous landscape sets the stage for the city’s vibrant sports and recreation scene, growing arts community and fantastic restaurants! It’s the perfect place to “Find your Surprise!” The population was 143,148 at the 2020 census, up from 117,517 in 2010 and just 30,848 in 2000.

Nick Miner, CCIM, Senior Vice President at ORION 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 third transaction Miner has completed for his client.

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.

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