3033 W Bell Rd, Phoenix, AZ
Multi-tenant office building with income and owner-user potential.
- Added:
- Apr 2, 2025
- Days on Market:
- 443
- Last Refresh:
- May 20 at 8:25 pm
Property Features for 3033 W Bell Rd
General Information
- Standard status
- Active
- Size
- 12,474 SF
- Lot size
- 1.09 Acres
- Property subtype
- OFFICE
Properties For Sale
at 3033 W Bell Rd Contact usListing agent Robert Nolan (520) 465-5946
Listing office Oxford Realty Advisors (520) 465-5946
Listing date Apr 2, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Oxford Realty Advisors
HighLights
- Existing Leases: 7,626 SF leased to 2 tenants provides immediate income.
- Vacancy Upside: 4,848 SF of vacant space allows for increased income potential or owner‑user occupancy.
- Multi‑Tenant Professional/Medical Office: Suitable for diverse professional or medical tenants.
- Total Size: 12,474 SF total space offers substantial investment opportunity.
- Attractive Market Rate Leases: Current leases are at attractive market rates.
- Financial Information Available: Detailed financial information available upon request.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $383.2k | $30.72 |
| − Vacancy | −$98.5k | −$7.90 |
| EGI | $284.7k | $22.82 |
| − OpEx | −$71.2k | −$5.71 |
| NOI | $213.5k | $17.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.124
- Latitude
- 33.6393