1050 E Bell Rd | Phoenix, AZ 85022
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- LoopNet Team
1050 E Bell Rd
Phoenix, AZ 85022
Raising Cane's | 16 Year Abs. NNN | 4.4% CAP · Retail Property For Sale
Investment Highlights
- 16 Years Remaining on Absolute Triple-Net (NNN) Lease with no Landlord Responsibilities
- Adjacent to Green Leaf on Bell, a 306 Unit Luxury Apartment and to Trellis on Bell, a 96 Home Community Built by Lennar Homes
- More than 435,000 Daytime Employees in the Surrounding Area
- Rent Increases to $264,000 in June 2022, Increasing the Cap Rate to 4.40%
- Nearby Tenants Include Target, Sprouts, Safeway, LA Fitness, Hobby Lobby, Marshalls, Walgreens, Wells Fargo, Chase Bank, Bank of America, and Many Mor
- Less than 3 Miles from AZ Loop 101 (153,200 VPD) - A Primary Connecting Road through the Phoenix MSA
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,032 SF
Building Class
B
Year Built
2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
1.21 AC
Zoning
C-2 - General Commercial
Parking
36 Spaces (11.87 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 214-13-501 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $229,258 |
Property Taxes
Parcel Number
214-13-501
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$229,258
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