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Filiberto's & Desert Smokes - NNN 5912-5920 W Bell Rd 5,677 SF 100% Leased Retail Building Glendale, AZ 85308 $2,779,200 ($489.55/SF) 6.25% Cap Rate



INVESTMENT HIGHLIGHTS
- Long Term NNN Leases
- Generous Parcel Size - 1.03 Acres
- Strong Demographics - $99,481 Avg HH Income
- High Traffic / Outstanding Visibility - 73,650+ ADT
- Below Market Drive-Thru Rent
- Surrounded by Leading Retailers
EXECUTIVE SUMMARY
KW Commercial is pleased to present the opportunity to acquire a two-tenant retail property positioned at one of Glendale’s most desirable, high-traffic intersections. Located at 5920 W Bell Road, with over 73,650 vehicles passing daily, the property is fully occupied and exceptionally positioned for long-term success. It is anchored by Filiberto’s Mexican Food, a highly recognized quick-service restaurant brand with more than 55 locations across Arizona, operating a drive-thru at the site. Income reflects Filiberto’s next scheduled rental increase in January 2026. Complementing this anchor, Desert Smokes—an established local smoke shop with extended operating hours—adds tenant diversity and consistent consumer demand.
Both tenants operate under leases requiring 100% reimbursement of operating expenses, including HVAC and structural roof costs, ensuring a true net lease structure with minimal landlord responsibilities. The property benefits from excellent visibility, strong traffic counts, and dense surrounding demographics. Glendale itself is experiencing sustained growth, supported by major employers in aerospace, healthcare, and advanced business services. The above features provide a secure foundation for tenant stability, predictable income, and long-term appreciation, making this property a compelling investment opportunity in one of the nation’s most dynamic markets.
Both tenants operate under leases requiring 100% reimbursement of operating expenses, including HVAC and structural roof costs, ensuring a true net lease structure with minimal landlord responsibilities. The property benefits from excellent visibility, strong traffic counts, and dense surrounding demographics. Glendale itself is experiencing sustained growth, supported by major employers in aerospace, healthcare, and advanced business services. The above features provide a secure foundation for tenant stability, predictable income, and long-term appreciation, making this property a compelling investment opportunity in one of the nation’s most dynamic markets.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,677 SF
Building Class
C
Year Built
1994
Price
$2,779,200
Price Per SF
$489.55
Cap Rate
6.25%
NOI
$173,700
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.03 AC
Zoning
PAD - Planned Area Development
Parking
40 Spaces (7.15 Spaces per 1,000 SF Leased)
Frontage
220’ on W Bell Rd
AMENITIES
- Restaurant
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 200-48-006C | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $208,498 |
PROPERTY TAXES
Parcel Number
200-48-006C
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$208,498
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Filiberto's & Desert Smokes - NNN | 5912-5920 W Bell Rd
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