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1643 E Bell Rd - Cell Tower Specialty Building Offered at $450,000 at a 4.67% Cap Rate in Phoenix, AZ 85022
Investment Highlights
- 4 5-year options to extend lease
Executive Summary
Cell tower for sale -- $21 K annual income with 10% increases every 5 years. Next increase is one July 15, 2020. 4 5-year options to extend lease, signed July 15, 2015
Property Facts
| Price | $450,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 4.67% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1976 |
| Zoning | C-C - Core Commercial | ||
| Price | $450,000 |
| Sale Type | Investment |
| Cap Rate | 4.67% |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 0.35 AC |
| No. Stories | 1 |
| Year Built | 1976 |
| Zoning | C-C - Core Commercial |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 214-21-120B | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $40,285 |
Property Taxes
Parcel Number
214-21-120B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$40,285
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1643 E Bell Rd - Cell Tower