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1920 W Bell Rd
Phoenix, AZ 85023
Retail Property For Sale
Investment Highlights
- Former IHOP restaurant currently vacant and immediately available for other food uses.
- This desirable ±1.04-acre corner lot is New Markets Tax Credit eligible and offers ample opportunity and substantial parking capacity.
- Take advantage of exposure to a combined 60,000 average daily vehicles at the signalized intersection of Bell Road and 19th Avenue.
- Along a prominent local retail corridor and less than a mile from I-75, with easy access to more than 363,000 residents in a five-mile radius.
- Phoenix is one of the nation’s fastest growing job markets and economies and 1920 W Bell Road is primed to capitalize on this growth.
- 1920 W Bell Road is available for lease and sale – contact for more information.
Executive Summary
Price Reduced - 1920 W Bell Road is a freestanding retail building with a strategic corner location along a prominent national and local retail corridor in Phoenix, Arizona. Formerly home to IHOP, this ±4,579 square-foot vacant building is immediately available as a floor-planned family-serve restaurant (without furniture, fixtures, and equipment), but there are multiple repurposing options available on the ±1.04-acre parcel.
ACROSS BELL ROAD from the newly developed BELL17 site of 800,000 sf of office, industrial, and retail uses. Completed construction of a 101,000 sf flex-office space with all access roads in place. The property is located in the “Deer Valley” submarket with easy access to I-17 is just west of the site.
o - 1031 READY
Bell Road is a major east-west corridor in Phoenix. 1920 W Bell Road is surrounded by national retailers including Kohl’s, Dollar Tree, Jack in the Box, McDonald’s, Walmart Supercenter, and numerous car dealerships. Additionally, tenants enjoy excellent exposure to a combined 60,000 average daily vehicles at the signalized intersection of Bell Road and 19th Avenue.
Less than one mile from Interstate 75 (one of Arizona’s primary north-south corridors), 1920 W Bell Road features easy access to strong surrounding demographics. Given the prime interstate access, tenants can reach more than 363,000 residents and 127,000 daytime employees in a five-mile radius. This robust population contributed to a consumer spending total of $4.2 billion, providing ample opportunity for businesses in the building. Phoenix is regarded as one of the United States’ fastest-growing job markets and economies, and 1920 W Bell Road is ideally located near the University of Phoenix, Aligned Energy Data Center, and HonorHealth Deer Valley Medical Center. Owner-occupants, tenants, and investors will find that 1920 W Bell Road is an excellent destination ready to provide proximity to Interstate 75, a desirable location in a growing economy, and the potential for repurposing.
ACROSS BELL ROAD from the newly developed BELL17 site of 800,000 sf of office, industrial, and retail uses. Completed construction of a 101,000 sf flex-office space with all access roads in place. The property is located in the “Deer Valley” submarket with easy access to I-17 is just west of the site.
o - 1031 READY
Bell Road is a major east-west corridor in Phoenix. 1920 W Bell Road is surrounded by national retailers including Kohl’s, Dollar Tree, Jack in the Box, McDonald’s, Walmart Supercenter, and numerous car dealerships. Additionally, tenants enjoy excellent exposure to a combined 60,000 average daily vehicles at the signalized intersection of Bell Road and 19th Avenue.
Less than one mile from Interstate 75 (one of Arizona’s primary north-south corridors), 1920 W Bell Road features easy access to strong surrounding demographics. Given the prime interstate access, tenants can reach more than 363,000 residents and 127,000 daytime employees in a five-mile radius. This robust population contributed to a consumer spending total of $4.2 billion, providing ample opportunity for businesses in the building. Phoenix is regarded as one of the United States’ fastest-growing job markets and economies, and 1920 W Bell Road is ideally located near the University of Phoenix, Aligned Energy Data Center, and HonorHealth Deer Valley Medical Center. Owner-occupants, tenants, and investors will find that 1920 W Bell Road is an excellent destination ready to provide proximity to Interstate 75, a desirable location in a growing economy, and the potential for repurposing.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,579 SF
Building Class
C
Year Built
1994
Price
$2,000,000
Price Per SF
$436.78
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Zoning
C-2, Phoenix - Commercial Intermediate District
Parking
42 Spaces (9.17 Spaces per 1,000 SF Leased)
Frontage
225’ on Bell
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 208-07-348 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $210,512 |
Property Taxes
Parcel Number
208-07-348
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$210,512
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