1427 E Bell Rd - Freestanding FOR SALE


Phoenix, AZ 85022- Deer Valley
$2,399,000 USD
602-682-6052
1427 E Bell Rd, Phoenix, AZ for Sale
$2,399,000 USD
Freestanding - FOR SALE
1/6
null | 6.35% Cap Rate

1427 E Bell Rd
Phoenix, AZ 85022
Deer Valley


HIGHLIGHTS

  • 100% Occupied Anchored Strip | NNN Leases | Below Market Rent
  • Signalized, Hard Corner Intersection | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Nearby Apartments

OVERVIEW

• Anchored by Sunrise Preschool (NAP) and Shadow Anchored by Aldi (NAP) • 100% occupied with a diverse, ecommerce resistant tenant lineup comprised of entertainment, medical, and educational tenants, creating a stabilized income stream for a future investor • All tenants operate under leases which are NNN in nature, minimizing expense leakage for a future investor • The majority of tenants are currently paying below-market rents on leases nearing expiration, providing a future investor with a compelling value-add opportunity to increase income by bringing rents up to market

FOR SALE DETAILS

PRICE

$2,399,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunrise Plaza | 100% Occupied | NNN Lses

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

C-2

APN/PARCEL ID

214-15-003B

ASK ABOUT THIS PROPERTY

Chris Abdayem, CCIMSRS Real Estate PartnersMore Info
602-682-6052

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Chris Abdayem, CCIMSRS Real Estate PartnersMore Info
602-682-6052

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.