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Alante Plaza 5626 W Bell Rd 6,232 SF 100% Leased Retail Building Glendale, AZ 85308 $2,820,000 ($452.50/SF) 6.26% Cap Rate
Executive Summary
100% leased multi-tenant NNN retail at the corner of 57th Ave & Bell Rd, Glendale. Established food & service tenants on triple-net leases in a dense, affluent West Valley corridor anchored by WinCo, Walmart, and Kohl's. Passive, stabilized income.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,232 SF
Building Class
B
Year Built
1998
Price
$2,820,000
Price Per SF
$452.50
Cap Rate
6.26%
NOI
$176,404
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.32 AC
Zoning
C-2, Glendale - Commercial
Parking
56 Spaces (9 Spaces per 1,000 SF Leased)
Frontage
48’ on W Bell Rd
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 200-49-010K | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $163,864 |
Property Taxes
Parcel Number
200-49-010K
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$163,864
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