Thompson Thrift Closes on 17 Acres of Land in Surprise, AZ
October 5, 2022
Surprise, AZ
Thompson Thrift recently closed on 17 acres of land at the Northeast corner of Loop 303 and Cactus Road in Surprise, Arizona. The development sits at the front door of a new industrial development that will comprise of over 1 million square feet of Class A space, and is less than one mile south of Prasada Village, a 1 million square foot retail project currently under development.
Located on the “going to work” side of Cactus, this development will feature excellent accessibility and visibility to Loop 303 via a full diamond interchange off Cactus Road and is just 45 minutes from Downtown Phoenix and Sky Harbor International Airport. Surprise is the sixth-fastest-expanding city in Arizona with nearly 12,000 households under construction within 2 miles and millions of square feet of new industrial and commercial development.
Nearby attractions to 303 & Cactus include White Tank Mountain Regional Park, Lake Pleasant, Wildlife World Zoo, Phoenix Raceway, Desert Diamond Casino, and Arizona Broadway Theatre.
Thompson Thrift would like to thank Ed Beeh, Chuck Gibson, and Robbie Petty of SRS Real Estate for assisting with the sourcing and leasing of this project.
Thompson Thrift is actively seeking additional land acquisition opportunities. For properties in the southwest, please contact Chris Lacasse at clacasse@thompsonthrift.com.
