Listed by Cutler Commercial
$3,160,000
10240 W. Bell Road
Details
Property Type Office
Sub Type Traditional Office, Medical Office
Square Footage 18,046
Units 9
Cap Rate 7.25%
NOI $229,311
Occupancy 100%
Tenancy Multi
Brand/Tenant SYNERGY Home Health, Safe Site Utility Services LLC
Lease Type Gross
Rent Bumps Yes
Price per SqFt $175
Year Built 1975
Stories 1
Acreage 2.294
Zoning C-2 - Maricopa County
Parking Spaces 98 spaces
Parking per 1,000 SqFt 5.43
Investment Type Core
10240 W. Bell Road, Sun City, AZ 85351
Marketing description
Single Story Multi-Tenant Office - 100% Leased. This office building for sale is located at 10240 W. Bell Road, Sun City, AZ 85351. The 18,046 +/- SF building sits on a 99,912 +/- SF (2.294 +/- Acres) site with 18% coverage, constructed of Masonry Block with Stucco Finish, built in 1975. The property is 100% leased with a cap rate of 7.25% and an estimated net operating income of $229,311.
Investment highlights
- Bell Road Frontage
- 100% Leased Multi-Tenant Office
- Fire Sprinklered
- Monument Signage on Bell Road
- Billboard Sign Income (The Lamar Companies has a Billboard sign lease at the property)
- Strong parking ratio
- Approximately 2.5 miles off 101 & Bell Road Freeway Exit
Listing Contacts
Listed by Cutler Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$229,311.00
$19,109.25/mo
Valuation Metrics
0
DSCR
7.26%
Cap Rate
7.26%
ROI
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