Shopping Strip
Bell Park Plaza
4232 W Bell Rd, Glendale, AZ 85308
Listing Price: $9,500,000
Cap Rate
7.00%
Gross SF
33,480
Rentable SF
33,480
Price/Gross SF
$283.75
Lot Size
2.00 acres
Year Built
1986
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Bell Park Plaza in Glendale, AZ.
Investment Highlights
- LONG-TENURED TENANT ROSTER WITH PROVEN OCCUPANCY STABILITY
- DIVERSIFIED DAILY-NEEDS TENANT BASE ACROSS MEDICAL, FOOD, BEAUTY & ESSENTIAL SERVICES
- HIGH-DEMAND INLINE FORMAT WITH A 2,391 SF AVERAGE SUITE SIZE
- NEARLY 80% OF THE RENT ROLL FEATURES EMBEDDED RENTAL GROWTH
- NEAR-TERM LEASE ROLLOVER PROVIDES CLEAR MARK-TO-MARKET OPPORTUNITY
- DIVERSIFIED INCOME STREAM WITH NO TENANT CONTROLLING NOI
Listing Price: $9,500,000
Cap Rate
7.00%
Gross SF
33,480
Rentable SF
33,480
Price/Gross SF
$283.75
Lot Size
2.00 acres
Year Built
1986
Investment Highlights
- LONG-TENURED TENANT ROSTER WITH PROVEN OCCUPANCY STABILITY
- DIVERSIFIED DAILY-NEEDS TENANT BASE ACROSS MEDICAL, FOOD, BEAUTY & ESSENTIAL SERVICES
- HIGH-DEMAND INLINE FORMAT WITH A 2,391 SF AVERAGE SUITE SIZE
- NEARLY 80% OF THE RENT ROLL FEATURES EMBEDDED RENTAL GROWTH
- NEAR-TERM LEASE ROLLOVER PROVIDES CLEAR MARK-TO-MARKET OPPORTUNITY
- DIVERSIFIED INCOME STREAM WITH NO TENANT CONTROLLING NOI
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Bell Park Plaza in Glendale, AZ.