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Retail Space on Bell Road
For Lease
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1601 1609 E Bell Rd, Phoenix, AZ 85022

Second-generation retail space available for lease.

Space Size1,875 SF
Property Size36,392 SF
Days on Market1641

Property Features for 1601 1609 E Bell Rd

General Information

Standard status Active
Size 1,875 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 36,392 SF
Year Built 1987
Tenancy Multiple

Spaces For Lease

at 1601 1609 E Bell Rd Contact us

Suite A-1

Size
1,875 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite A-3

Size
1,875 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Commercial Properties Inc Tempe
Listed By: Brandon Koplin · License #AZ SA567178000
Source: Crexi
Added: Mar 1, 2022 Changed: Aug 25 Last Checked: Aug 26 at 10:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Properties Inc Tempe

Investment Insights

Based on property information with market context.

This is a second-generation retail space available for lease. The rental rate is $5.00 for the first year of a three-year lease. The rental rate for the second year will be $9.00 per square foot per year NNN, and the third year will be $9.25 per square foot per year NNN. The property is located at 16th Street and Bell Road in Phoenix, Arizona.

Key Highlights

  • 2nd Generation Retail Space
  • Initial rental rate of $5.00 PSF/yr/NNN (1st year only)
  • Located at 16th St & Bell Rd

Property Analytics

Current Use

Corinne S. Bender, ... Alternative Medicine Practice Copycat Llc Marketing & Advertising Beyond Care Preschool Daycare Center TCM Auto & Home ... Insurance Agency BluDot Massage & Bodywork Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Pharmacy Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

525
Businesses Nearby

Demographics for 85022, AZ

51,314
Population
25,020
Households
2.1
Avg Household Size
39
Median Age
36%
College-Educated
91%
High-School Grad
9.4 sq mi
ZIP Area
5,459
Density / Sq Mi
$66,601
Median Household Income
$45,875
Median Earnings
$1,517
Median Rent
$385,900
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$17.82 /SF/Yr
Avg Asking Price
$1.13–$32 /SF/Yr
Price Range
6,676 SF
Avg Space Size

This space is priced 44% below the average of $17.82 /SF/Yr.

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Second-generation retail space available for lease.
Where is this retail space located?
The property is located at 1601 1609 E Bell Rd Phoenix, AZ.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 2nd Generation Retail Space; Initial rental rate of $5.00 PSF/yr/NNN (1st year only); Located at 16th St & Bell Rd
(602) 373-4717 Call to check price and availability
More about this property
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