Overview

  • Seventeen (17) years remaining w/ four (4) - five (5) year options to extend. 
  • Long term ground lease by the largest Burger King franchisee in Arizona. 
  • (Barnett Jacobs Real Estate, LLC -  https://barnettmgt.com)
  • 50 Unit Owner/Operator w/ high net worth personal guaranty.
  • Direct access w/ frontage on Bell Rd.
  • Part of the Walmart Supercenter and Sams Club anchored center. 
  • Located within the North Central Phoneix Area 
  • Median HH income: $57,459
  • Adjacent to the Turf Paradise Race Track 
  • Tenant responsible for all expenses including roof & structure.
  • Status Ground Lease
  • Area 3,237 sq. ft.
  • Location Phoenix, AZ
  • Type Retail

Property Summary

1615 W Bell Rd, Phoenix, AZ 85023

ZONING: C-2-SP

APN: 208-13-014L

LAND SIZE: 43,538 Sq. Ft.

OFFERING PRICE: $2,110,000
ANNUAL NOI: $95,000
CAP RATE: 4.5%

PARKING: Twenty Four (24) Subterranean Spaces

BUILDING SIZE: 3,237 Sq. Ft.

BUILT: 2018

Marketing Brochure

Click Here to Download the Offering Memorandum

Building Plan

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Location

Address

1615 W Bell rd, Phoenix, AZ 85023

Inquiry

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