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5408 W Bell Rd
Glendale, AZ 85308
Kohl's | Recent Lease Extension · Retail Property For Sale

Investment Highlights

  • Long Term Net Lease
  • Irreplaceable Infill Location
  • Long Standing History at this Location
  • Recent Lease Extension
  • Investment Grade Tenant

Property Facts

Property Type
Retail
Property Subtype
Department Store
Building Size
88,408 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
9.53 AC
Zoning
CSC

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

About 5408 W BELL RD , GLENDALE, AZ 85308

The property is conveniently located at the signalized intersection of West Bell Road and North 55th Avenue, with excellent visibility and access to over 45,288 vehicles per day. The property is a short distance from North 51st Avenue (24,885 AADT), which provides access to the nearby Route 101, a semi-beltway encompassing much of the Phoenix metropolitan area, with a high traffic volume of 169,144 vehicles per day near the property. The property anchors the Desert Glen Shopping Center, which features a strong mix of local, regional, and national tenants, including Big 5 Sporting Goods, Music & Arts, Edible Arrangements, Justice, and more. The West Bell Road retail corridor is home to some of the Phoenix area’s most popular shopping destinations. Arrowhead Towne Center—located less than three miles from the property—is the leading shopping destination in the Phoenix area’s West Valley region, drawing 10.8 million shoppers per year. Other nearby shopping centers include Arrowhead Crossing—featuring Target and Ross—and Talavi Towne Center, anchored by Walmart Supercenter. The property is centrally located near several schools and universities, important community amenities, and major employers. The property is close to a number of public schools—such as Deer Valley High School (1,900 students)—as well as the campuses of several colleges, including Midwestern University (2,932 students) and Arizona State University’s West Campus (3,663 students). Several notable community amenities are just minutes from the property, including the 555-bed, 3,000-employee Banner Thunderbird Medical Center and the 145-acre Peoria Sports Complex, which hosts spring training for Major League Baseball’s San Diego Padres and Seattle Mariners. Also close to the property are several of the region’s largest employers, such as AAA’s operations center (1,067 employees)—providing a strong daytime population of 138,592 daytime employees working within a five-mile radius. Additionally, the property is supported by a sizeable customer base with robust demographics; 350,428 residents live within a five-mile radius, and the average household income within one mile of the property is $87,551.

Property Taxes

Property Taxes

Parcel Number
200-49-802A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,554,699
  • Listing ID: 18905060

  • Date on Market: 3/18/2020

  • Last Updated:

  • Address: 5408 W Bell Rd, Glendale, AZ 85308

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