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City of Surprise Considers $1.74M SimonCRE Lease

City of Surprise logoCity of Surprise
Disclosed value
$174,000
From agenda
Document date
Mar 18, 2025
Term
10 years

The 30-second brief

What it covers

City of Surprise is considering a 10-year lease agreement with SimonCRE for $174,000 annually, with a 3% annual escalator, for Elm Street location to support small business services storefront operation

Who holds it

SIMONCRE holds this lease agreement contract with City of Surprise. Its other public contracts on record include work for Town of Gilbert.

What happens next

Term as filed: 10 years.

See who signed off on this $174K contract.

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Contract details

Contract type
Lease Agreement
Amount
$174,000
Document date
March 18, 2025
Term
10 years
Vendor
SIMONCRE
Agency
City of Surprise
Source document
city-of-surprise-regular-city-council-meeting-agenda-march-18-2025_758.pdf (Agenda)

SIMONCRE's other public contracts

Town of Gilbert, ArizonaDeveloper Plans Retail Center Construction After Entitlements · Mar 4, 2026UndisclosedTown of Gilbert, ArizonaSimonCRE Named Developer for Gilbert Retail Project · Mar 4, 2026UndisclosedCity of Surprise, ArizonaCity Approves 10-Year Lease with SimonCRE · Apr 1, 2025City of Surprise, ArizonaSimonCRE Lease Approved for Small Business Storefront · Mar 18, 2025$1.7MCity of Surprise, ArizonaSimonCRE Lease Agreement for City Center Storefront · Mar 18, 2025All SIMONCRE contractsVendor profile

More City of Surprise contracts

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Questions about this contract

Who was awarded the lease agreement contract by City of Surprise?

SIMONCRE was awarded this lease agreement contract by City of Surprise, as recorded on March 18, 2025. The contract value is $174,000.

How much is the SIMONCRE contract with City of Surprise worth?

The SIMONCRE contract with City of Surprise is valued at $174,000, covering lease agreement work.

What type of contract is this?

This is a Lease Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-surprise-regular-city-council-meeting-agenda-march-18-2025_758.pdf (Agenda), dated March 18, 2025 from City of Surprise. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does SIMONCRE hold?

SIMONCRE may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Surprise currently buying?

Explore City of Surprise's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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