Modern Office Building For
11325 W Bell Rd, Surprise, AZ 85378
6,204 SF well-maintained office building in prime Phoenix location.
Type:Office
Property size:
6,204 SFPrice / SF:
$269/SF- Added:
- Jan 26, 2026
- Days on Market:
- 110
- Last Refresh:
- Apr 5 at 8:47 pm
Property Features for 11325 W Bell Rd
General Information
- Standard status
- Active
- Size
- 6,204 SF
- Property subtype
- Office
Building Details
- Year Built
- 2003
Listing agent Dallin Pace, CCIM License #BR676008000 (480) 522-2774
Listing office Commercial Properties Inc (480) 522-2774
Listing date Jan 26, 2026
Source Cpiaz
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HighLights
- Prime location in the Phoenix metropolitan area with convenient access to major transportation arteries.
- 6,204 SF modern office building constructed in 2003 and well‑maintained.
- Zoned for commercial use, offering flexibility for various business operations.
- Ample parking available for both employees and visitors.
- High visibility and easy access, attracting clients and customers.
- Proximity to Surprise Retail District and Bell Mar Plaza, providing nearby retail and dining options.
Overview
This 6,204 SF modern office building, constructed in 2003, is located in the heart of the Phoenix metropolitan area. Zoned for commercial use, the property offers convenient access to major transportation arteries, providing seamless connectivity to the region's economic epicenter. The location provides high visibility and easy access, along with ample parking for employees and visitors. The flexible layout is suitable for various office needs. Nearby, the Surprise Retail District and the Bell Mar Plaza offer an array of dining, retail, and entertainment options. With its proximity to professional services, medical facilities, and residential neighborhoods, the area presents a dynamic opportunity for office building investors looking to capitalize on the growing demand for modern workspaces in this vibrant community. The property is well-maintained and presents a strong investment opportunity.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$993.6K
NOI $89,427 @ 9.00% cap · cautious / downside scenario
Moderate
$1.28M
NOI $89,427 @ 7.00% cap · market / base-case scenario
Aggressive
$1.79M
NOI $89,427 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.8k | $26.40 |
| − Vacancy | −$44.5k | −$7.18 |
| EGI | $119.2k | $19.22 |
| − OpEx | −$29.8k | −$4.80 |
| NOI | $89.4k | $14.41 |
6,204 SF · lease $26.40/SF/yr · vacancy 27.20% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,427 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,926 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Surprise
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.303
- Latitude
- 33.6386
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 6,204 SF well-maintained office building in prime Phoenix location.
Where is this office building located?
The property is located at 11325 W Bell Rd Surprise, AZ.
What is the asking price?
The asking price for this property is $1,672,000.
What are key features of this property?
This property features: Prime location in the Phoenix metropolitan area with convenient access to major transportation arteries.; **6,204 SF modern office building constructed in 2003 and well‑maintained.**; Zoned for commercial use, offering flexibility for various business operations.
