---
title: "Safeway ground lease, Surprise 2022 | PCA"
url: "https://newphoenixcommercialadvisors.com/track-record/closings/2022-9eeb3a19-safeway/"
description: "Safeway: Ground lease at NWC Cotton Ln & Peoria Ave, Surprise, signed 2022, 63,290 SF. A closed Phoenix Commercial Advisors deal in Arizona."
publisher: "Phoenix Commercial Advisors"
generated: "11/10/2026"
---

# Safeway

Safeway signed a ground lease of 63,290 SF at NWC Cotton Ln & Peoria Ave, Surprise in 2022. PCA represented the tenant.

- Type: Ground lease
- Tenant: Safeway
- Where: NWC Cotton Ln & Peoria Ave, Surprise
- Year signed: 2022
- Size: 63,290 SF
- Land: 5.19 acres
- PCA role: Represented the tenant
- Brokers: the PCA retail leasing team

Landlord and counterparty names are not published.

## Find related deals

- City: Surprise: https://newphoenixcommercialadvisors.com/retail-real-estate-brokers/surprise/
- Previous deal: Sprouts Farmers Market, NEC 99th Ave & McDowell Rd, Phoenix, 2022: https://newphoenixcommercialadvisors.com/track-record/closings/2022-88bcf4bd-sprouts-farmers-market/
- Next deal: HomeGoods, NWC Milton Rd & Plaza Way, Flagstaff, 2022: https://newphoenixcommercialadvisors.com/track-record/closings/2022-ab94626b-homegoods/

## Nearby PCA deals

Other PCA deals within 1.5 miles.
- Sale at Sarival Ave & Peoria Ave (2026, Sale, NEC Sarival Ave & Peoria Ave, Surprise)
- GoodVets (2025, Lease, NEC Loop 303 & Cactus Rd, Surprise, 2,500 SF)
- Starbucks (2024, Ground lease, NWC Cotton Ln & Peoria Ave, Surprise)
- Sale at Loop 303 & Cactus Rd (2023, Sale, E/NEC Loop 303 & Cactus Rd, Surprise)

## More like this

Other Safeway deals.
- Safeway (2023, Lease, NWC Val Vista Dr & Germann Rd, Gilbert, 63,537 SF): https://newphoenixcommercialadvisors.com/track-record/closings/2023-7ac7e336-safeway/
- Safeway (2023, Lease, NEC 83rd Ave & Happy Valley Rd, Peoria, 63,000 SF): https://newphoenixcommercialadvisors.com/track-record/closings/2023-b4060336-safeway/
- Safeway (2024, Lease, SWC Gary Rd & Riggs Rd, Queen Creek, 63,237 SF): https://newphoenixcommercialadvisors.com/track-record/closings/2024-037d2ffc-safeway/
- Safeway (2025, Ground lease, NEC Verrado Way & I-10, Buckeye)

## Similar deals

Same type and a similar size, nearest by date.
- Safeway (2017, Ground lease, NWC Ironwood Rd & Ocotillo Rd, San Tan Valley, 57,532 SF)
- Lease at Litchfield Road & Bell Road (2013, Ground lease, W/SWC Litchfield Road & Bell Road, Surprise, 71,611 SF)
- Texas Roadhouse (2013, Ground lease, NEC Pebble Creek Parkway & I-10, Goodyear, 69,652 SF)
- Pacific Dental Services (2008, Ground lease, NEC I-10 & Florence, Casa Grande, 53,785 SF)

## On the market nearby now

- 163rd Ave & Pinnacle Peak Rd | SSEC, Surprise, AZ, Call for rate: https://newphoenixcommercialadvisors.com/properties/163rd-ave-and-pinnacle-peak-rd-s-sec-surprise/
- 163rd Ave & Pat Tillman Blvd | SWC, Surprise, AZ, Call for rate: https://newphoenixcommercialadvisors.com/properties/asante-trails-surprise/
- Bullard Ave & Bell Rd | SEC, Surprise, AZ, Call for rate: https://newphoenixcommercialadvisors.com/properties/bullard-ave-and-bell-rd-sec-surprise/

## For an owner

Thinking about leasing a property like this? https://newphoenixcommercialadvisors.com/services/landlord-representation/
Talk to the team: https://newphoenixcommercialadvisors.com/contact/

## Also

- More big-box leases and pad deals: https://newphoenixcommercialadvisors.com/track-record/box-and-pad/
- Retail brokers in Surprise: https://newphoenixcommercialadvisors.com/retail-real-estate-brokers/surprise/
- The full track record: https://newphoenixcommercialadvisors.com/track-record/

Search all closed deals: https://newphoenixcommercialadvisors.com/track-record/closings/