Log In/Sign Up
Your email has been sent.
320 W Bell Rd
Phoenix, AZ 85023
The Shops at Bell & 3rd · Retail Property For Sale
Investment Highlights
- 100% leased, 4-tenant retail strip totaling 7,700 SF.
- Favorable lease structure featuring a mix of expirations including long-term tenancy
- Excellent visibility and access with Bell Road frontage.
- Strong national and growing tenancy including Black Rock Coffee, Athletico, the Buffalo Spot and The Taco Spot
- Located directly in front of the highest-visited WinCo Foods in Arizona, creating a strong daily traffic draw
Executive Summary
100% leased, 4-tenant retail strip totaling 7,700 SF.
Strong national and growing tenancy including Black Rock Coffee, Athletico, the Buffalo Spot and The Taco Spot, which benefit from the property’s
prime visibility along Bell Road.
Favorable lease structure featuring a mix of expirations including long-term tenancy, enhancing income stability and reducing near-term rollover risk in this multi-tenant
shopping center.
Built-in rent growth across all leases, supporting predictable NOI appreciation and long-term cash flow growth in Phoenix’s expanding economy and high-demand retail corridor.
Drive-thru component (Black Rock) adds a convenience-driven traffic generator that most strip centers lack.
Located directly in front of the highest-visited WinCo Foods in Arizona, creating a strong daily traffic draw.
Broker (Western Retail Advisor’s, LLC) hereby discloses that Broker and/or Broker’s affiliates or constituent partners or members are licensed real estate salespersons in the state of Arizona and have an ownership interest in the property.
Strong national and growing tenancy including Black Rock Coffee, Athletico, the Buffalo Spot and The Taco Spot, which benefit from the property’s
prime visibility along Bell Road.
Favorable lease structure featuring a mix of expirations including long-term tenancy, enhancing income stability and reducing near-term rollover risk in this multi-tenant
shopping center.
Built-in rent growth across all leases, supporting predictable NOI appreciation and long-term cash flow growth in Phoenix’s expanding economy and high-demand retail corridor.
Drive-thru component (Black Rock) adds a convenience-driven traffic generator that most strip centers lack.
Located directly in front of the highest-visited WinCo Foods in Arizona, creating a strong daily traffic draw.
Broker (Western Retail Advisor’s, LLC) hereby discloses that Broker and/or Broker’s affiliates or constituent partners or members are licensed real estate salespersons in the state of Arizona and have an ownership interest in the property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,700 SF
Building Class
B
Year Built
2021
Price
$5,324,000
Price Per SF
$691.43
Cap Rate
5.75%
NOI
$306,130
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.12 AC
Zoning
C2
Frontage
145’ on Bell Rd
Property Taxes
| Parcel Number | 208-10-380 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $149,744 |
Property Taxes
Parcel Number
208-10-380
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$149,744
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
