11323 W BELL RD Surprise AZ 85378-9374

🏢 Medical/Office Investment Opportunity – 6% CAP Rate | 📝 10-Year NNN Investment

📍 11323 W Bell Road, Surprise, AZ 85378

💰 Sale Price: $3,722,400.00
📐 Building Size: ±6,204 SF
🌐 Lot Size: 0.57 Acres
🧾 APN: 200-13-018T

🔍 Executive Summary

The property is a medical/office flagship situated in a vibrant commercial corridor, offering exceptional visibility in the fast-growing Northwest Valley. It is anchored by a well-established medical group focusing on outpatient and elective care.

• Year Built: 2004

• Lease Type: Triple-Net (NNN) Lease

• Tenant: AMIS LLC, with a personal guarantee (~$40M Net Worth)

• Lease Term: 10 years, commencing October 1, 2025, and expiring September 30, 2035.

• Rental Increases: 3% annually.

• Renewal Options: 5, 10-year options.

🌟 Key Property Highlights:

The property offers exceptional accessibility and proximity to key regional destinations. Bell Road is a primary east-west artery connecting Sun City, Surprise, and Peoria, attracting significant retail, dining, and healthcare activity.

• Proximity to Amenities:

  • 1.5 miles from Coyote Lakes Golf Club.

  • 4.4 miles from Arrowhead Marketplace, a major commercial hub.

  • 9.2 miles from Midwestern University, a cornerstone for healthcare and education.

  • 32.5 miles from Phoenix Sky Harbor International Airport.

• Regional Anchors: Near Banner Del E. Webb Medical Center, Surprise Recreation Campus & Stadium, and master-planned communities of Sun City and Sun City Grand.

• Connectivity: Direct access to Loop 303 and U.S. 60 (Grand Avenue).

💼 Why Invest Here?

This offering represents a rare opportunity to acquire a well-located, income-producing asset in one of the West Valley’s fastest-growing areas 🌄.

Its flexible layout, stable investment profile, and strategic location provide the perfect foundation for long-term stability and appreciation 📈.

📞 Call us today at 480-323-6072 for more information!

The property boasts several key investment highlights:

• 10-Year Triple Net (NNN) Lease: Provides a stable income stream with minimal landlord responsibilities.

• 3% Annual Rental Escalations: Ensures consistent growth in rental income.

• Tenant Investment: The tenant has invested significant capital in specialized medical buildout and infrastructure.

• Strategic Location: Positioned along Bell Road, a major commercial corridor, offering excellent visibility and arterial access.

• Dense Trade Area: Characterized by strong population growth and household income.

• Surrounded by Developments: Located within established residential neighborhoods and expanding developments.

11323 W.​ Bell Rd.​, Surprise — Single tenant medical office, ideal NNN entry point; no association requirements, growing West Valley corridor.​

535 E.​ McKellips Rd Bldg 3.​, Mesa — Purpose built ASC reflecting specialized surgical construction; fee simple, low-management East Valley healthcare investment.​

1653 E.​ McMurray Blvd.​ Bldg K, Casa Grande — Modern ASC condo serving the expanding Pinal County corridor between Phoenix and Tucson.​

9150 W.​ Indian School Rd STE 118.​, Phoenix — Medical office condo on the Indian School corridor with strong residential access; stable NNN profile.​

202 E.​ Earll Dr.​ STE 360, Phoenix — Central Phoenix medical condo near the established hospital district; strong surrounding medical infrastructure.​

604 W.​ Warner Rd.​, Chandler — Medical office condo in one of the metro's fastest growing, highest income submarkets.​

5060 N.​ 19th Ave.​ STE 317, Phoenix — 54,777 SF with a 2018 renovation, centerpiece central Phoenix healthcare asset.​

14804 N.​ Cave Creek Rd.​, Phoenix — Large medical office with strong visibility on Cave Creek Rd; suited to a single asset healthcare buyer.​

412 Whipple St.​, Prescott — providing the portfolio's only northern Arizona exposure, adding geographic diversification.​

Bellagio Real Estate is pleased to present a rare opportunity to acquire a nine property medical office and surgery center portfolio totaling 135,961 square feet across the Greater Phoenix metropolitan area. Priced at $61,390,000 and offered at a 7.0% cap rate, the portfolio delivers institutional quality healthcare real estate with geographic diversification across some of Arizona's fastest-growing submarkets including Phoenix, Chandler, Mesa, Surprise, Casa Grande, and Prescott.

Healthcare real estate continues to attract strong investor demand for its recession resilient fundamentals, long term tenancy, and the durable demographic tailwinds of the Phoenix metro, one of the nation's leading destinations for population and healthcare sector growth. This portfolio offers a buyer the opportunity to acquire scale in a single transaction, with the flexibility to hold as a diversified portfolio or reposition individual assets.

Investment Highlights

• ​10-year, corporate-guaranteed NNN cash flow priced at a 7.0% cap rate
• ​100% medical/healthcare occupancy across all nine properties, no re-tenanting or use-conversion risk
• ​Geographically diversified across four Arizona submarkets (Phoenix metro, Chandler, Casa Grande, Prescott), reducing single market exposure
• ​Mix of asset types - six medical office buildings and three ambulatory surgery centers, giving a buyer exposure to both stabilized MOB income and higher barrier to entry ASC real estate
• ​Range of entry points - assets from 4932 SF to 54,777 SF, suitable for a full portfolio buyer or potential sub group/individual sale
• ​Available as a portfolio or on an individual asset basis

• 6,204 SF modern office building
• Constructed in 2004, well-maintained
• Zoned for commercial use
• Ample parking for employees and visitors
• High visibility and easy access
• - Flexible layout for various office needs
• Modern amenities and infrastructure upgrades
• Nearby retail and dining options
• Strong investment opportunity
• Proximity to major transportation routes