Listed by Marcus & Millichap - Denver
$8,900,000
Bell Park Plaza
Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 33,480
Units 1
Cap Rate 7.65%
NOI $681,062
Occupancy 100%
Tenancy Multi
Price per SqFt $266
Broker Co-Op True
Year Built 1986
Parking Spaces spaces
Ground Lease No
Sale Condition N/A
Bell Park Plaza | Diversified Tenant Base | Glendale, AZ
Investment highlights
- LONG-TENURED TENANT ROSTER WITH PROVEN OCCUPANCY STABILITY
- DIVERSIFIED DAILY-NEEDS TENANT BASE ACROSS MEDICAL, FOOD, BEAUTY & ESSENTIAL SERVICES
- HIGH-DEMAND INLINE FORMAT WITH A 2,391 SF AVERAGE SUITE SIZE
- NEARLY 80% OF THE RENT ROLL FEATURES EMBEDDED RENTAL GROWTH
- NEAR-TERM LEASE ROLLOVER PROVIDES CLEAR MARK-TO-MARKET OPPORTUNITY
- DIVERSIFIED INCOME STREAM WITH NO TENANT CONTROLLING NOI
Listing Contacts
Listed by Marcus & Millichap - Denver
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$681,062.00
$56,755.17/mo
Valuation Metrics
0
DSCR
7.65%
Cap Rate
7.65%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
