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    8940-8960 W Bell Rd Peoria, AZ 85382

    For Lease
    Contact for pricing

    Grocery-anchored retail space with high traffic and strong demographics.

    Property size:
    1,422 SF
    Lot size:
    7.78 Acres

    Property Features for 8940-8960 W Bell Rd

    General Information

    Size
    1,422 SF
    Lot size
    7.78 Acres

    Source: Phoenix Commercial Advisors Agent Nick DeDona

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Peoria, Arizona

    This retail space is located in a grocery-anchored Albertsons center that benefits from strong daytime traffic volumes, with over 45,000 vehicles passing by each day via Loop 101. The property is situated less than a mile west of Agua Fria Freeway (Loop 101). The surrounding area has strong demographics, with average household incomes exceeding $80,000 within a 3-mile radius. The location also benefits from a strong daytime population, with over 112,000 people within a 3-mile trade area. Notable employers in the area include the City of Peoria, Banner Health, The Antigua Group, and PFVT Motos Inc. The property offers 1422 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.2510191
    Latitude
    33.6395813

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    FAQs

    What type of property is this?
    Strip mall - Grocery-anchored retail space with high traffic and strong demographics.
    Where is this strip mall located?
    The property is located at 8940-8960 W Bell Rd Peoria, AZ.
    What are key features of this property?
    This property features: - Grocery-anchored Albertsons center; - High traffic volume: Over 45,000 vehicles per day; - Strong daytime population: Over 112,000 within a 3-mile radius
    (480) 586-4096
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    8940-8960 W Bell Rd Peoria, AZ 85382
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8940-8960 W Bell Rd Peoria, AZ 85382
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