Bell American Plaza 7111-7121 W Bell Rd 36,010 SF 92% Leased Office Building Glendale, AZ 85308 $8,665,000 ($240.63/SF) 7.75% Cap Rate

Bell American Plaza presents a compelling opportunity to acquire a stabilized, professionally managed multi-tenant office and medical complex in Glendale’s thriving Arrowhead corridor. Comprising two buildings totaling ±36,010 SF, the property is strategically located just steps from Arrowhead Towne Center and surrounded by national retailers including Costco, Trader Joe’s, and Nordstrom Rack. With direct frontage on Bell Road, which sees ±50,749 vehicles per day, and immediate access to Loop 101 and I-17, the site offers exceptional visibility and connectivity across the Phoenix metro.
The tenant roster spans legal, insurance, mortgage, healthcare, and financial services, anchored by firms such as ACES, Guaranteed Rate, Genesis Family Law, and Ideal Insurance. ACES recently expanded into the plaza with a pediatric-to-teen autism therapy center, while Ideal Insurance consolidated operations here, tripling its footprint. The property’s Weighted Average Lease Term of 3.53 years and history of long-term occupancy ensure stable income with upside potential through light value-add strategies.
Modernized common areas, monument and building signage, and a 49-seat conference room included in rent enhance tenant appeal. Covered parking is generous, with a 4.22/1,000 SF ratio including 67 covered stalls. The Arrowhead submarket continues to outperform, with an 8.5% vacancy rate and strong demand from small to mid-sized professional tenants. Within a 10-minute drive, the population exceeds 191,000 with an average household income of $109,964, reinforcing the area’s economic strength.