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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

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Shopping Strip

Bell Park Plaza

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.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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