5665 W Bell Rd
Glendale, AZ 85308
Retail Property For Sale

Talavi Towne Center II presents the opportunity to acquire a 100% leased, two-tenant family entertainment investment located at 5665 W. Bell Road in Glendale, Arizona. The property consists of approximately 61,302 square feet and is fully occupied by Big Air Trampoline & Adventure Park and The Pickleball Space, two experiential entertainment concepts that generate recurring customer visitation and benefit from limited exposure to e-commerce competition.
The asset is offered at $13,000,000 and features a Year 1 NOI of $933,879 with a stated Year 1 cap rate of 7.18%. Both tenants operate under triple-net lease structures, providing investors with predictable income and reduced landlord responsibilities. Big Air recently executed a long-term lease with multiple renewal options, while The Pickleball Space occupies the balance of the property and serves a growing recreational user base. Ownership has also completed significant capital improvements, including substantial tenant improvements, renovated restrooms, fresh exterior paint, parking lot sealing and striping, and a new 10-year roof installed in 2026.
Positioned directly on Bell Road, one of Glendale's primary retail corridors, the property benefits from visibility, signalized access, and proximity to major retailers within the larger Talavi Towne Center, including WinCo Foods and Walmart Supercenter. The location is within Glendale's established Arrowhead trade area, approximately two miles from Arrowhead Towne Center and near major employment drivers including healthcare, aerospace, and defense employers. The combination of long-term tenancy, recent capital investment, established traffic patterns, and experiential retail demand creates a stabilized investment opportunity within one of the Phoenix metropolitan area's largest suburban markets.