1818 W Bell Rd
Phoenix, AZ 85023
Deer Valley Plaza · Retail Property For Sale

Deer Valley Plaza is a neighborhood shopping center located at the Northeast corner of Bell Road and 19th Avenue in Phoenix, Arizona. The ±70,768 square foot property sits on ±7.74 acres, and offers excellent frontage on both Bell Road and 19th Avenue. Deer Valley Plaza benefits from the dense surrounding neighborhoods, quick access to Loop 101 and I-17 freeways, and strong traffic at the intersection (±73,546 vehicles per day). At 88% occupancy, the property has multiple national credit tenants including Crunch Fitness, Dollar Tree, and Aaron’s. Crunch Fitness, which has over 265 locations world-wide, signed a brand new 10-year lease in 2018. Other tenants include Steel Horse Saloon (which has been at the property since 1997), A to Z Pawn, Haji Abbas Market, Core Management, and Clearly Water. In 2018, ownership spent over $2,000,000 renovating the property. In addition to the external renovation, Aaron’s is currently investing $115,000 in remodeling their interior. Deer Valley Plaza offers an investor the opportunity to acquire an asset with stabilized cash flow, and the ability to increase return by leasing up the remaining vacancies.