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1414 W Bell Road

Phoenix, AZ 85023
  • $1,518,340
  • STATUS: Active
  • ON SITE: 220 Days
  • MLS #: 6521331
UPDATED: 209 min ago
$1,518,340
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,141
    SQFT
  • $483
    $/SQFT
Type:
Commercial
Built:
1988
County:
Area:

School Ratings & Info

Description

Zero Landlord Responsibilities:-Single Tenant, Ground Lease Investment Opportunity - Jiffy Lube. -Extremely Profitable Location for Corporate Operator-5.5 Years Remaining on Current Lease - Term with 2-5 Yr Options. -Tenant Showing Strong Commitment to Site - Extended Base Term Early. -Proven Retail Location - In Operation at this Location. Since 1988 Attractive 3% Rental Increases Yearly.-Rare Corporate Guarantee with Shell Oil.Highly Trafficked Site - Combined 70,000+ AADT (W Bell Rd. & N 15th Ave.)-Densely Populated Area - Over 168,791 Residents within 3 Mile Radius. -High Growth Area - 14% Expected Growth in Population for 5 Mile Radius.

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Howe Realty. Data last updated 2023-09-25T00:16:26.583.
www.thehowerealtygroup.com/homes/137048058
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1414 W Bell Road Phoenix, AZ 85023

  • Price: $1,518,340
  • Status: Active
  • On Site: 220 Days
  • Updated: 209 min ago
  • MLS #: 6521331
0
Beds
0
Baths
0
½ Baths
0.6
Acres
3,141
SQFT
$483
$/SQFT
1988
Built
County:
Maricopa
Area:
Phoenix
Property Description
Zero Landlord Responsibilities:-Single Tenant, Ground Lease Investment Opportunity - Jiffy Lube. -Extremely Profitable Location for Corporate Operator-5.5 Years Remaining on Current Lease - Term with 2-5 Yr Options. -Tenant Showing Strong Commitment to Site - Extended Base Term Early. -Proven Retail Location - In Operation at this Location. Since 1988 Attractive 3% Rental Increases Yearly.-Rare Corporate Guarantee with Shell Oil.Highly Trafficked Site - Combined 70,000+ AADT (W Bell Rd. & N 15th Ave.)-Densely Populated Area - Over 168,791 Residents within 3 Mile Radius. -High Growth Area - 14% Expected Growth in Population for 5 Mile Radius.
Exterior Features

Construction Block Covered Parking Spaces 1.00 Exterior Features Other (See Remarks) Fencing Other Parking Free Roofing FoamRolled Stories 1 Story Total Parking Spaces 6.00 Uncovered Parking Spaces 5.00

Interior Features

Ceiling Height 14.1 Feet To 16 Feet Cooling Central A/C Flooring Concrete Heating Other Interior Features Other (See Remarks)

Property Features

Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type CommercialOther (See Remarks) Cross Street Bell Road And 15th Ave Current Use AutomobileOtherRetail Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Grade LevelOther (See Remarks) Lot Number K Net Operating Income 80472.00 Other Income 0.00 Ownership Leasehold Pad Fee 0.00 Sewer Other (See Remarks) Source Of Financial Data Other (See Remarks) Taxes 8134.00 Use Restrictions Other (See Remarks) Vacancy Allowance 0.00 Water Other Zoning C-2

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Howe Realty. Data last updated 2023-09-25T00:16:26.583.
 
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