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1615 W Bell Rd
Phoenix, AZ 85023
Burger King · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,237 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.00 AC
Zoning
C2

About 1615 W BELL RD , PHOENIX, AZ 85023

New 20-year Burger King ground lease, located in one of Phoenix’s premier retail trade areas. Burger King is adjacent to a Sam’s Club shopping center, just east of Interstate 17, a primary north-south thoroughfare that runs through Phoenix. The lease includes four 5-year extension options, and rental increases every five years, providing an investor with a hedge against inflation. The tenant is responsible for all maintenance and expense obligations, and the Rent Commencement Date is anticipated for October. The Bell Road Burger King is leased to an experienced operator and comes with a strong personal guaranty (speak with agent for details), helping further minimize investment risk. The subject property is located within a heavily trafficked area of Phoenix, and benefits from an abundance of surrounding retail and residential neighborhoods. W Bell Road has daily traffic counts that exceed 38,000 vehicles per day, and nearby Interstate 17, which connects Phoenix to Flagstaff, has traffic counts that exceed 206,000 vehicles per day. Surrounding retailers include a Walmart Supercenter, Sam’s Club, Kohl’s, and the Bell Town Centre, which help drive additional traffic to the area. Phoenix is the 5th largest city in the United States, and is experiencing a healthy rise in its population. There are over 353,276 residents within a 5-mile radius of the subject property, and that number is expected to increase by 8.08% between 2018 and 2023. Please call 800-383-7748 or email bkbellroad@jdsreservices.com with questions.

Property Taxes

Property Taxes

Parcel Number
208-13-014L
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$153,512
  • Listing ID: 13756545

  • Date on Market: 9/11/2018

  • Last Updated:

  • Address: 1615 W Bell Rd, Phoenix, AZ 85023

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