Bell Park Center 2 Retail Properties Offered at $9,150,000 in Glendale, AZ
INVESTMENT HIGHLIGHTS
- Prime location on NE Corner of 43rd Ave and Bell Road
- Located in a vibrant, dense area
- Close Proximity to Loop 101 and I-17
EXECUTIVE SUMMARY
LevRose Real Estate, as the Exclusive Advisor to the Seller, is proud to bring Bell Park Center to market at Bell Road and 43rd Ave (4232 W. Bell Road & 17037 N. 43rd Ave).
Anchored by Ace Hardware, Dollar General, and Mega Furniture, Bell Park Center brings the unique opportunity of a stabilized asset with high quality long term tenants while still providing upside to the long term investor. Located on the highly trafficked NEC of Bell Road and 43rd Ave in Glendale, this 33,480 SF retail center is a rare and attractive offering for an investor. With national tenants such as Banner Health, Supercuts, Subway, and Papa Johns to go along with local “internet- proof” tenants, this center provides a nice balanced rent roll that adheres to all nearby residents. This variety of tenant mix also provides any Buyer the unique opportunity to have a stable asset with additional upside through pushing rents as the leases roll.
Anchored by Ace Hardware, Dollar General, and Mega Furniture, Bell Park Center brings the unique opportunity of a stabilized asset with high quality long term tenants while still providing upside to the long term investor. Located on the highly trafficked NEC of Bell Road and 43rd Ave in Glendale, this 33,480 SF retail center is a rare and attractive offering for an investor. With national tenants such as Banner Health, Supercuts, Subway, and Papa Johns to go along with local “internet- proof” tenants, this center provides a nice balanced rent roll that adheres to all nearby residents. This variety of tenant mix also provides any Buyer the unique opportunity to have a stable asset with additional upside through pushing rents as the leases roll.
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PROPERTY FACTS
| Price | $9,150,000 |
| Price / SF | $273.30 / SF |
| Cap Rate | 6.82% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 33,480 SF |
| Total Land Area | 3.40 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
43rd & Bell
4232 W Bell Rd, Glendale, AZ 85308 |
Retail | 15,000 SF | 1986 | - |
| 17037 N 43rd Ave, Glendale, AZ 85308 | Retail | 18,480 SF | 1986 | - |
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