This Retail Property is no longer advertised on LoopNet.com.

4139 W Bell Rd
Phoenix, AZ 85053
Siete Square · Retail Property For Sale

Investment Highlights

  • Value priced at $149/SF, well below replacement cost
  • Low rents that average $12.02/SF
  • The center just to the west of this one sold for $298/SF in December 2021
  • 6.8 cap at current 87% occupancy- 7.9 cap at 95% occupancy conservatively assuming lower than asking lease rates
  • Stable occupancy- 73% of the tenants have been here for over 5 years and the average is 7.2 years
  • Upside through lease-up and raising rents

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
35,926 SF
Building Class
C
Year Built
1985
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
3.58 AC
Zoning
C-2, Phoenix - Commercial, C-2
Parking
194 Spaces (5.4 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Monument Signage

Property Taxes

Property Taxes

Parcel Number
207-17-006L
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$373,994
  • Listing ID: 31743401

  • Date on Market: 5/8/2024

  • Last Updated:

  • Address: 4139 W Bell Rd, Phoenix, AZ 85053

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}