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    1427 E Bell Rd Phoenix, AZ 85022

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    For Sale
    $2,399,000

    Anchored retail property with value-add opportunity in Phoenix, AZ.

    Property size:
    9,401 SF
    Lot size:
    2.06 Acres

    Property Features for 1427 E Bell Rd

    General Information

    Size
    9,401 SF
    Lot size
    2.06 Acres

    Source: SRS Real Estate Partners | Phoenix Agent Chris Abdayem

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

    Overview

    Fully Occupied Retail Investment Property

    This 9,401 square foot retail property is anchored by Sunrise Preschool and shadow-anchored by Aldi. The property is currently 100% occupied with a diverse tenant lineup, including entertainment, medical, and educational tenants. All tenants operate under NNN leases. The majority of tenants are currently paying below-market rents on leases nearing expiration, presenting a value-add opportunity to increase income by bringing rents up to market.
    Insight Report Location Intelligence

    Current Use by Public Records

    BCR Athletics Gym IntelliSchool - Paradise Valley High School A-Alyesh Chiropractic Clinic Chiropractor Albert Alyeshmerni, DC Chiropractor Crossfit bcr Gym

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0506144
    Latitude
    33.6398311

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    FAQs

    What type of property is this?
    Strip mall - Anchored retail property with value-add opportunity in Phoenix, AZ.
    Where is this strip mall located?
    The property is located at 1427 E Bell Rd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $2,399,000.
    What are key features of this property?
    This property features: - 100% occupied with diverse, ecommerce-resistant tenants, providing a stabilized income stream.; - Shadow anchored by Aldi and anchored by Sunrise Preschool.; - Value-add opportunity to increase income by raising below-market rents to market rates upon lease expiration.
    (602) 682-6000
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    1427 E Bell Rd Phoenix, AZ 85022
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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
    1427 E Bell Rd Phoenix, AZ 85022
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